(Bloomberg) -- JPMorgan Chase & Co.’s head of investment banking in South Korea Young-ki Kim is leaving the US bank to join internet giant Naver Corp.Most Read from BloombergScientists Revive 48,500-Year-Old ‘Zombie Virus’ Buried in IceNYC Becomes One Billionaire Family’s Haven From China Property CrashThese Are the Best and Worst Cities for Expats to Live and Work InBanks Stuck With $42 Billion Debt Seize Chance to Offload ItKim, a managing director based in Seoul who was named to his current r
(Bloomberg) -- South Korean President Yoon Suk Yeol ordered the government to support the recovery of full operations at the nation’s biggest mobile messenger and the top portal website after a power outage disrupted some services for hours.Most Read from BloombergWeed Is Coming to Circle K Gas Stations in US Next YearTrump Prosecutors See Evidence for Obstruction ChargesChina Is Debating a Reduction to Covid Quarantine for Inbound TravelersTruss’s Government on Brink as Tories Agitate for Her t
Shares of social-fashion company Poshmark (NASDAQ: POSH) jumped on Tuesday after management agreed to being acquired by Naver for $17.90 per share. As of 10:30 a.m. ET, Poshmark stock was up 13%. Naver is a Korean internet company that's buying Poshmark.