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Kakao wins takeover battle for SM Entertainment as HYBE drops bid

HYBE said it dropped the bid as the price to acquire SM exceeded a fair range.

Hybe Co Unveils Plans to Acquire Majority Stake in SM Entertainment

Asian tourism-focused businesses ready for China rebound as border reopens

SEOUL/TOKYO/BANGKOK – South Korean and Japanese shop owners, Thai tour bus operators and K-pop groups are among those celebrating China's border reopening as businesses around Asia rekindle ties with the region's largest economy. China was the world's largest outbound tourism market before the pandemic, and the absence of its once US$255 billion (S$340 billion) of annual spending since borders were.

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