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Samsung is piling up billions in cash to likely make a big acquisition

Samsung is bringing over billions in cash from its overseas subsidiaries to the HQ in Korea, likely signaling upcoming acquisitions. - SamMobile ....

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[Herald Interview] Korea must have strategy to promote art globally: MMCA Director Kim Sung-hee

As the Korean cultural scene has gained in stature globally, its art scene is being recognized widely as well. With that momentum, Kim Sung-hee, director of the National Museum of Modern and Contemporary Art, Korea, argues that it is time to draw up a strategy for pushing Korean art on the global scene. “Korea has a variety of art content that has accumulated for thousands of years. Now, we need a strategy at t. ....

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Samsung chief bolsters ties with Japanese partners

Samsung Electronics Executive Chairman Lee Jae-yong met with a group of top executives from Japanese electronic parts vendors for their annual meeting in Seoul, which had been suspended due to the COVID-19 pandemic, according to industry sources, Sunday. The annual meeting between Samsung and its Japanese electronic parts makers is known as “Lee Kun-hee and his Japanese Friends,” or LJF for short. The mee. ....

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South Korean President grants special pardons to boost economy

SEOUL (ANN/THE KOREA HERALD) – South Korean President Yoon Suk Yeol granted a series of special presidential pardons on Monday, encompassing 2,176 individuals which included 12 notable business magnates. The presidential pardons are part of preparations for the upcoming Liberation Day on August 15 and the primary motivation behind the move is to stimulate the […] ....

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