A Japanese cosmetics company has decided to close its wholly-owned Shanghai subsidiary, citing a deteriorating market environment in China. This is the latest sign of the challenges facing some foreign consumer brands, as weak domestic demand and rising competition continue to weigh on the...
Under a blazing summer sun, 90-year-old Gen. Lee Jin-sam, former chief of staff of the Republic of Korea army, attended an hours-long ceremony after flying in from South Korea for the dedication of a new Korean War memorial in New York’s Orange County.A Korean...