Sohee Kim –

JULY 1: NPC INTERNATIONAL | <p>With $903 million in debt, <a href="https://www.restaurantbusinessonline.com/financing/giant-pizza-hut-franchisee-npc-international-declares-bankruptcy">NPC International</a>—Pizza Hut and Wendy's biggest franchisee—on July 1 filed for bankruptcy. The company suffered from years of diminishing sales and rising debts that couldn't be cured by the fact it was one of the small minority of businesses to enjoy an uptick in sales during the pandemic.</p>

Samsung intensifies chip wars with bet it can catch TSMC by 2022

November 18, 2020 at 9:40 a.m.

Samsung Electronics Co. is pouring $116 billion into its next-generation chip business that includes fabricating silicon for external clients, betting it can finally close the gap on industry leader Taiwan...

Subway trains crash in South Korean capital, 200 people hurt

August 24, 2021 at 11:35 p.m.

SEOUL (Reuters) - South Korea suffered its second serious transport accident in just over two weeks on Friday when a subway train in the capital, Seoul, crashed into a train...

Korean prosecutors raid shipping safety watchdogs after ferry disaster

August 24, 2021 at 11:12 p.m.

INCHEON, South Korea (Reuters) - South Korean prosecutors said on Thursday that they had raided shipping safety watchdogs as part of expanded investigations following the sinking of a ferry last...

Calm, safe waters, but ill-fated Korean ferry may have been going too fast

August 24, 2021 at 11:11 p.m.

JINDO/INCHEON, South Korea (Reuters) - It should have been plain sailing for a South Korean ferry carrying hundreds of children and their teachers on an outing to the sub-tropical island...

In South Korean school, somber silence and occasional sobs

August 24, 2021 at 11:06 p.m.

ANSAN, South Korea (Reuters) - "Change your thoughts and you change your world," reads a quotation hanging in the corridors of Danwon High School, where almost 250 students and teachers...

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