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The Same American Weight Loss Drug Costs Three Times More in South Korea Than Japan

The Same American Weight Loss Drug Costs Three Times More in South Korea Than Japan

(Photo=Eli Lilly) The global boom in obesity drugs is exposing a divide in how governments control the cost of medicine. In Japan, public health insurance helps regulate the price of Eli Lilly's Mounjaro. In neighboring South Korea, patients pay substantially more for the American company's drug, and authorities are preventing them from bringing home cheaper supplies legally purchased abroad. A

Oct 26 2026
12:00 PM PST
Justin Bieber Puts His Star Power Behind SKYLRK’s South Korean Debut

Justin Bieber Puts His Star Power Behind SKYLRK’s South Korean Debut

(Photo=Justin Bieber instagram) Justin Bieber is putting his celebrity reach behind a business beyond music, visiting a Seoul store as his fashion and lifestyle brand, SKYLRK, makes its debut in South Korea. The pop star repeatedly featured the temporary store in social media posts, mixing images from the venue with snapshots of his arrival and outings around Seoul. His personal

Oct 26 2026
10:00 AM PST
Kia’s Bet on American SUV Buyers Pays Off Again

Kia’s Bet on American SUV Buyers Pays Off Again

(Photo=KIA) South Korean automaker Kia has turned an SUV developed specifically for North America into a steady competitor to the Ford Explorer and Chevrolet Traverse. Its Telluride has surpassed 100,000 U.S. sales for 4 consecutive years, establishing a sustained presence in the market for family vehicles. Kia sold 110,038 Tellurides during the first 9 months of 2026, up about 19%

Oct 26 2026
08:00 AM PST
KGC Targets U.S. Supplement Makers With Advanced Ginseng Ingredient Technology

KGC Targets U.S. Supplement Makers With Advanced Ginseng Ingredient Technology

(Photo=KGC) A South Korean ginseng producer is looking to move beyond selling its own health supplements and become a supplier to companies that manufacture them, bringing specialized ingredient technology to one of the largest gatherings of the U.S. nutrition industry. Korea Ginseng Corporation (KGC), the company behind South Korea's leading ginseng brand Jeong Kwan Jang, will showcase technology that concentrates

Oct 25 2026
06:05 PM PST
South Korea’s Seniors Ride the Subway Free. Who Should Pay?

South Korea’s Seniors Ride the Subway Free. Who Should Pay?

(Photo=Pixabay) South Korea helps older residents manage an everyday expense by eliminating subway fares once they turn 65, rather than simply offering a discount. New York’s subway system, by comparison, offers riders of the same age half the base fare. The Korean benefit may deliver more than cheaper transportation. A study commissioned by 6 urban rail operators estimated that free

Oct 25 2026
10:00 AM PST