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Shinsegae partners with Cathay over mileage program

Shinsegae DutyFree, Korea s third-largest duty-free shop, said Tuesday it has partnered with Cathay Group to revive sales through the Hong Kong-based group s mileage program. ....

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More companies face credit downgrade risks due to project financing exposure

A growing number of small brokerages and construction firms have suffered either credit ratings downgrades or lower credit outlook prospects over the past month due mostly to elevated risks associated with real estate project financing, market watchers said Monday. ....

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Coupang's top exec extends term on robust earnings

Coupang reappointed CEO Kang Han-seung for another term, three years after his initial appointment in November 2020. Kang s leadership in attracting substantial investment and driving robust performance during economic downturns was considered a key factor in his reappointment. ....

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