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Sales of low-cost sanitary pads are surging in South Korea, as retailers slash prices and policymakers increasingly frame
South Korea is mobilizing government and industry resources to safeguard crude oil supplies as prolonged instability in the
South Korea’s packaged food makers are accelerating their expansion beyond Southeast Asia, gaining shelf space in U.S. and
South Korea’s foreign-exchange reserves posted a sharp decline in March, underscoring the pressure a stronger U.S. dollar is
Photo=Motionelements South Korea is tapping Russian naphtha supplies in a bid to ease mounting pressure on its petrochemical sector, highlighting the country’s vulnerability to global energy disruptions and its willingness to seek alternative sources under strained conditions. The move comes as prolonged instability in the Middle East has tightened global supply chains, raising concerns over feedstock availability for South Korea’s
South Korea’s rapid shift to online banking is accelerating a structural downsizing across the country’s financial sector, as lenders move to cut jobs and shrink their physical footprint in response to declining branch usage. Mobile and digital platforms have become the dominant channel for everyday banking in one of the world’s most connected consumer markets. As customers increasingly bypass physical
(Photo=Pixabay) South Korea’s era of ultra-low interest rates is reverberating through its housing market, as mortgage costs climb toward 7% and borrowers who entered during the boom years face a sharp increase in repayment burdens. For much of the past decade, cheap credit fueled a surge in home buying, particularly in major cities where property prices rose steadily. Many households
Hyundai’s Jang Jae-hoon Deepens Hydrogen Push in China With Guangzhou Partnership Hyundai Motor Group is accelerating its hydrogen strategy in China, with Vice Chairman Jang Jae-hoon spearheading a partnership with Guangzhou aimed at building a broader ecosystem beyond vehicles. Jang, who oversees the group’s hydrogen business, met with Guangzhou Mayor Sun Zhiyang to discuss cooperation on sustainable hydrogen models, aligning
Photo=Motionelements South Korea raised its government-imposed caps on wholesale fuel prices, underscoring mounting pressure on energy costs even as authorities try to shield consumers. The Ministry of Trade, Industry and Energy set a second round of maximum wholesale prices, effective at 12:00 a.m. for two weeks, at $5.53 per gallon for gasoline, $5.50 per gallon for diesel used in vehicles
