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News
Buldak Goes to Cafes, Makgeolli Meets Jijimi: Food, Dining Brands Forge "Tasty Alliances"
2+ hour, 27+ min ago (355+ words) Seoul Economic Daily The food and dining industries are accelerating efforts to win over consumers through brand collaborations Companies are pairing familiar brands in new combinations to launch new products, or running limited-time sales and experiential events to offer diverse…...
Global Food Prices Rebound on Heat, Drought; Wheat, Sugar Jump Over 5%
2+ hour, 4+ min ago (279+ words) Grain, Vegetable Oil and Sugar Prices Rise Meat and Dairy Prices Fall But Lamb Prices Hit Record High Global food prices rebounded after a month, driven by heat waves, drought and concerns over export disruptions in the Black Sea region....
Shinsegae I&C Sets Up Culture Team After First Union Launches
9+ hour, 27+ min ago (226+ words) Seoul Economic Daily Shinsegae I&C, the system integration (SI) affiliate of Shinsegae Group, has formed a separate team to assess and improve its organizational culture following the establishment of a labor union According to the information technology (IT) industry…...
Indium Phosphide, Polysilicon Become US-China AI Battleground, Splitting Global Stocks
3+ hour, 57+ min ago (460+ words) Seoul Economic Daily...
Gwacheon Home and Rent Prices Cool as Supply Continues
7+ hour, 24+ min ago (333+ words) Seoul Economic Daily Gwacheon, the Gyeonggi Province city that led the housing price surge in the greater Seoul area last year, has seen both sale prices and jeonse (a Korean lease system requiring a large lump-sum deposit instead of monthly…...
Finance Minister Hints at Easing Residency Rules Just 4 Days After Tax Reform
3+ hour, 59+ min ago (251+ words) ■ Deputy PM Koo: "Will Review Flexibly Through Enforcement Decree" Signals Supplementary Measures 4 Days After July 3 Tax Reform Announcement Targeted Financial Support for End Users, Expanded Non-Apartment Supply Appearing on MBC Radio's "Kim Jong-bae's Focus of Attention" on the 7th, Koo said,…...
Seventh KDB Life Sale Draws Three Bidders as KDB Capital Injection Emerges as Key
4+ hour, 46+ min ago (230+ words) Capital Injection Size the Biggest Variable The Calculations of Heungkuk, Korea Investment and Hanwha Three companies — Hanwha Life Insurance, Heungkuk Life Insurance and Korea Investment Holdings — took part in the main bidding for KDB Life Insurance, the subsidiary the Korea…...
Hana Bank Raises Mortgage Barriers, Halts Variable-Rate Loans
4+ hour, 50+ min ago (378+ words) Seoul Economic Daily Hana Bank has raised its household loan management to a new level by temporarily suspending variable-rate mortgages, the segment where new mortgage demand is concentrated Following the suspension of online mortgages and a reduction in credit line…...
Hyundai GF Holdings Q2 Operating Profit Rises 15.6% to 85.3 Billion Won
18+ hour, 6+ min ago (204+ words) Seoul Economic Daily Hyundai GF Holdings (005440), the holding company of Hyundai Department Store Group, reported second-quarter operating profit of 85.3 billion won on a consolidated basis, up 15.6% from a year earlier, the company said in a regulatory filing on the 7th Revenue…...
Korea Duty-Free Operators Cut Reference Exchange Rate After 14 Months
20+ hour, 1+ min ago (356+ words) Seoul Economic Daily Korea's duty-free industry, which had repeatedly raised its reference exchange rate amid a prolonged period of a strong dollar, has reversed course to a cut for the first time in about one year and two months As…...