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TOKYO: Yusaku Maezawa, the Japanese billionaire who sold his online apparel company to Masayoshi Son and is preparing to ride around the moon on Elon Musk’s spacecraft, jumped back into the country’s business scene on Thursday with a set of unlikely bets on brick-and-mortar clothing retailers.
SEOUL: Even with unemployment spiking as the coronavirus pandemic swept South Korea in February, Baek Seung-min asked his wife to quit her nursing job to help reach a dream they had spent a lifetime chasing: buying their own apartment.
SEOUL: South Korea has outlined a plan to spend 114.1 trillion won (US$94.6bil) on a “New Deal” to create jobs and help the economy recover from the coronavirus fallout, anchored in part by “green” investment in electric vehicles and hydrogen cars.
SEOUL: South Korea outlined a plan on Tuesday to spend 114.1 trillion won (US$94.6bil) on a "New Deal" to create jobs and help the economy recover from the coronavirus fallout, anchored in part by "green" investment in electric vehicles and hydrogen cars.
SEOUL: South Korea’s exports for the first 10 days of June soared 20.2% from the same period a year earlier, raising hopes for a firm recovery in shipments for the trade-reliant economy as many countries lift stringent coronavirus lockdown measures.
WEDNESDAY is looking like a watershed moment in history.
SEOUL: The Bank of Korea (BoK) is expected to cut its key interest rate to a fresh record low and announce more bond purchases this week as the pandemic takes a toll on exports essential to the country’s economy.
NBA great Michael Jordan's autographed game-worn sneakers from his rookie season fetched a record $560,000 (463,380 pounds) in an online auction, Sotheby's said on Sunday.