Petrochemical firms tighten belts to improve profits

Petrochemical firms have reduced investments and scrapped their planned expansion of facilities, in response to delays in their earnings recovery amid lingering uncertainties about their business environments. Lotte Chemical decided to cut its capital expenditure to 1.7 trillion won ($1.2 billion) next year from 3 trillion won this year. The decision was made as Lotte …

CYLINDER’s unorthodox ascent in Korea’s art gallery scene

Nestled between a home decor shop and a photo studio, a sleek, glass-faced white cube stands out as an unusual sight in Seoul’s Bongcheon-dong, Gwanak District. This commuter town is not typically known for its art galleries, unlike the city’s more culturally vibrant neighborhoods such as Samcheong-dong, Hannam-dong, and Cheongdam-dong. Yet, this unassuming spot, far …

“We will also consider legal action”…asks players to ‘refrain’ from criticizing on social media

Nagoya Grampus asks fans to refrain from criticizing players on social media According to Japanese media outlet Soccer Digest, Nagoya issued an official request on its official social media accounts on Sept. 9, asking fans to refrain from criticizing players. The club said, “For excessive posts and messages, we will consider filing a police report …