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Korea’s Inflation Picks Up, Offering Clues to Global Price Pressures

Korea’s Inflation Picks Up, Offering Clues to Global Price Pressures

(Photo=Pixabay) South Korea’s consumer prices rose 2.4 percent in October from a year earlier, the fastest pace in more than a year, reflecting how service and energy costs across Asia are beginning to climb again. While the figures may seem distant to American readers, they offer a glimpse into how global inflationary pressures could persist even as the U.S. economy

Nov 4 2025
10:00 AM PST
Jay Y. Lee’s $35 Tip Surprises Koreans in a Country Without a Tipping Culture

Jay Y. Lee’s $35 Tip Surprises Koreans in a Country Without a Tipping Culture

(Photo=sophie._.lovely Thread) When a café worker at an APEC South Korea 2025 venue in South Korea received a $35 tip from Samsung Electronics Chairman Jay Y. Lee, the story went viral—not because of the money, but because tipping simply isn’t part of Korean culture. The employee, who worked at an Ediya Coffee shop inside the Hanwha Resort in Gyeongju, posted

Nov 4 2025
09:00 AM PST
South Korea Proposes Global Standards for Eco-Friendly Ship Components Using Ammonia and Hydrogen Fuels

South Korea Proposes Global Standards for Eco-Friendly Ship Components Using Ammonia and Hydrogen Fuels

Photo=hanwha ocean South Korea is taking a leading role in shaping international standards for key components used in next-generation, eco-friendly ships powered by ammonia and hydrogen — a move aimed at enhancing safety, efficiency, and global competitiveness in the green maritime industry. According to the Korean Agency for Technology and Standards (KATS) under the Ministry of Trade, Industry and Energy,

Nov 3 2025
12:00 PM PST
Korea’s “K-Gim” Exports Soar to Record High, On Track to Surpass $1 Billion This Year

Korea’s “K-Gim” Exports Soar to Record High, On Track to Surpass $1 Billion This Year

Photo=Daebu Mat Gim Co., Ltd. South Korea’s signature seaweed snack, known globally as “K-Gim,” is poised to hit a historic milestone this year, with exports on pace to surpass $1 billion for the first time — fueled by the global K-food boom and rising demand for Korean cuisine. According to data released on November 3 by the Korea Agro-Fisheries &

Nov 3 2025
11:00 AM PST
South Korea’s Jeju Island Breaks Into Singapore’s Meat Market, A Small but Strategic Win in Asia’s Food Trade

South Korea’s Jeju Island Breaks Into Singapore’s Meat Market, A Small but Strategic Win in Asia’s Food Trade

(Photo=Pixabay) South Korea’s Jeju Island is set to export its locally raised beef and pork to Singapore, a modest trade deal on paper but one that carries strategic weight in Asia’s tightly regulated food markets. The agreement, finalized during the 2025 APEC summit in Gyeongju between South Korean President Lee Jae-myung and Singaporean Prime Minister Lawrence Wong, makes Jeju the

Nov 3 2025
10:00 AM PST