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South Korea’s Core Homebuyers Turn Cautious as Price Expectations Fade

South Korea’s Core Homebuyers Turn Cautious as Price Expectations Fade

Photo=Motionelements Expectations for further home-price gains in South Korea are cooling sharply among middle-aged households, signaling a potential shift in sentiment among the country’s most active real-estate buyers. Data released by the Bank of Korea show that housing-price outlook indices for people in their 40s, 50s and 60s all posted steep declines in February, with each group recording drops of

Feb 25 2026
03:13 PM PST
South Korea Pledges Close Coordination as Trump Imposes 15% Global Tariffs

South Korea Pledges Close Coordination as Trump Imposes 15% Global Tariffs

Photo=X South Korea’s ambassador to the U.S. said on February 24 (local time) that Seoul will closely monitor follow-up measures by President Donald Trump after he imposed new global tariffs following a Supreme Court ruling that found his reciprocal tariff framework unlawful. Speaking in Washington, Ambassador Kang Kyung-wha said Seoul would respond “in a way that best serves our national

Feb 25 2026
03:11 PM PST
GPU Thefts Rise With Chip Prices, Spotlighting New Crime Risks

GPU Thefts Rise With Chip Prices, Spotlighting New Crime Risks

Photo=Daangn A recent theft of high-end graphics processing units (GPUs) in South Korea is highlighting a growing side effect of elevated semiconductor prices: an increase in component-driven property crime. Police in Pyeongtaek said they arrested a man in his 40s on Feb. 23 on charges of aggravated theft after he allegedly stole about 20 million won (about $13,800) worth of

Feb 24 2026
12:00 PM PST
South Korea Cracks Down on Ticket Scalping, Citing Cultural Industry ‘Chronic Illness’

South Korea Cracks Down on Ticket Scalping, Citing Cultural Industry ‘Chronic Illness’

Photo=mcst South Korea is intensifying its fight against ticket scalping, with the government framing the crackdown as a necessary intervention to protect the cultural sector from what officials describe as a decades-long “chronic disease.” Choi Hwi-young, Minister of Culture, Sports and Tourism, said at a Feb. 12 press briefing in Seoul that his office moved quickly after taking office in

Feb 24 2026
11:00 AM PST
South Korea’s Aekyung Industry Tests U.S. Body-Care Market With Walmart Rollout

South Korea’s Aekyung Industry Tests U.S. Body-Care Market With Walmart Rollout

(Photo=Aekyung) Aekyung Industry, a South Korean consumer-products manufacturer known at home for cosmetics and daily household brands, is expanding its U.S. footprint by entering the country’s mass-market body-care aisle through Walmart. The company has secured placement for its LUVSCENT and SHOWER MATE lines in roughly 600 Walmart stores across 48 states, along with distribution on the retailer’s e-commerce platform. The

Feb 23 2026
11:33 PM PST