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Hyundai, Kia poised to join growing used car market in Korea 매일경제12:39Hyundai Motor Co. and Kia Corp. are gearing up to enter the booming certified used car market in South Korea. With an annual trading volume of 30 trillion wo
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Korean financial authorities debunk September economic crisis rumors 매일경제12:36South Korean financial authorities recently dismissed concerns over a looming economic crisis in September, arguing that they are groundless given a slower r
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Korea’s foreign exchange reserves fall in August as U.S. dollar gains ground 매일경제12:18South Korea’s foreign exchange reserves lost $3.5 billion to $418.3 billion as of the end of August, according to the Bank of Korea. The decline follows two
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Korea’s inflation gains fastest in 4 months in August due to heatwave 매일경제11:57South Korea’s inflation rate gained by the fastest pace in four months in August as prices of fruits increased sharply due to the heatwave and heavy rain. A
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Green, animal welfare, organic trends wrapped into Chuseok holiday gifts 매일경제11:21An eco-friendly, ethical consumption trend is visible in this year‘s traditional Chuseok holiday gift sets in South Korea amid the growing interest in “val...
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Individuals, foreigners differ in ETF focuses 매일경제11:15Individual and foreign investors have shown mixed investing patterns in the South Korean exchange-traded fund (ETF) market this year. While individuals focus
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SK Group to hold social value conference on Sept. 15 매일경제11:00SOVAC, a social value ecosystem platform led by South Korea’s SK Group, will hold a large-scale event in Seoul on September 15. According to the platform on...
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Seegene partners with Springer Nature to develop 15 diagnostic reagents 매일경제10:57Seegene Inc., a South Korean manufacturer of in vitro diagnostic products, initiated a global project to develop diagnostic reagents with Springer Nature, th
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Nongshim doubles the spice to attract young customers 매일경제10:42Nongshim Co. said its newest Shin Ramyun The Red ramen product, which is twice as spicy as the original Shin Ramyun, sold out 15 days after a test release. I
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Fashion designer Lie Sang-bong visions Monami to become lifestyle brand 매일경제10:36South Korean fashion designer Lie Sang-bong, who refers to himself as a lifestyle designer, envisions more collaborations with Monami Co., a household name f
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Imports of counterfeit luxury goods rise as travel normalizes 매일경제10:27Imports of counterfeit luxury goods are surging again in South Korea after plummeting during the Covid-19 pandemic. According to Korean Customs Service data
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Proposed increased income rate could double National Pension scenarios 매일경제10:21The Financial Calculation Committee, an advisory body under the National Pension, will likely increase the current income replacement rate after its recent p
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Korean gov’t to expand guarantee for shipbuilders to $303 mn 매일경제10:12The South Korean government plans to expand financial support for local shipbuilders that have seen a sharp increase in overseas orders, in a move to boost t
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POSCO International procures battery materials supply in Africa 매일경제10:00POSCO International Corp., the trading arm of South Korean steelmaker POSCO, established a supply chain for 90,000 tons of graphite in Africa, expanding its
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LG Magna to build first EV parts plant in Europe 매일경제09:48LG Magna e-Powertrain Co., a joint venture between South Korea’s LG Electronics Inc. and Canada-based Magna International Inc., will build its first electri
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