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More breach revelation, regulation, rivals exacerbate Coupang woes
SEOUL, February 05 (AJP) -South Korea’s leading e-commerce platform Coupang said Thursday that the personal data of an additional 165,000 users had been leaked, deepening fallout from a massive breach disclosed last November and intensifying regulatory and political scrutiny. The company said the newly identified cases were part of the original breach, which exposed the personal information of more than 33
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Freefall may be looming in Seoul as short selling mounts
SEOUL, Feb. 05 (AJP) - “What goes up must come down,” the saying goes — and after a prolonged roller-coaster ride, Korean stocks plunged Thursday as heavy institutional selling triggered a sharp reversal. The immediate cue came from a retreat in U.S. technology shares. But the pullback was hardly unexpected, given the rapid buildup in short-selling positions and growing signs of speculative exc
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BTS comeback D-44: More than a show when Seoul pours its heart into the king's return
SEOUL, February 05 (AJP) - A royal comeback. A literal red carpet for the monarchs of K-pop. A “concert of the century.” These are some of the phrases circulating ahead of BTS’s long-awaited return in March — a national-scale production that brings together state support, cultural symbolism, and the global reach of Netflix. The show, already being hailed as the cultural event of the ye