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2026.11.11 (Wed)
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Korea’s Trade Insurer Fuels Record-Breaking Export Drive with 100 Trillion Won in SME Support

SEOUL — South Korea is on the cusp of hitting a historic milestone this month by surpassing $1 trillion in total annual exports for the first time. Behind this remarkable achievement lies an agg
South Korea Targets Hidden Securities Fees in Crackdown on Automatic Subscriptions

Financial watchdogs in South Korea are moving to overhaul stock market advisory services following complaints that investors are being trapped in costly subscriptions without their knowledge. The Fin

Hoban Group Expands Beyond Construction into Cable and Precious Metals Markets

SEOUL — Hoban Group, a South Korean conglomerate traditionally rooted in residential housing, is broadening its footprint through aggressive urban renewal projects in the Seoul metropolitan area

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Atopalm, a South Korean skincare brand specializing in sensitive skin, makes its debut in Singapore’s largest retail chain, FairPrice: Neopharm, the parent company of Atopalm, announced that its sensitive skin skincare brand, Atopalm, has entered into a partnership ...; Eugenio Rodolfo Sanabria Reporter 2024.11.21

Korean Air Launches Special Flights for Frequent Flyers Using Miles: SEOUL, South Korea – Korean Air has announced the launch of special flights between Seoul and Jeju Island exclusively for pa ...; Hwang Sujin Reporter 2024.11.21

CJ CheilJedang to Invest $8 Billion in New Food Production Facilities in Europe and the US: SEOUL, South Korea – CJ CheilJedang, South Korea's largest food and biotechnology company, is set to invest approximately $8 ...; KO YONG-CHUL Reporter 2024.11.21

Hanwha Group Chairman Emphasizes R&D for Global Leadership in Shipbuilding: Seoul, South Korea – Kim Seung-yeon, chairman of Hanwha Group, visited the company’s shipbuilding subsidiary, Hanwha O ...; Desk 2024.11.20

Baek Jong-won Threatens to Relocate Yesan Market Amid Gentrification Concerns: Seoul, South Korea – Celebrity chef and restaurateur Baek Jong-won has threatened to relocate the popular Yesan Market if sk ...; Hwang Sujin Reporter 2024.11.20

Korean Laver Commands Record Prices amid Global Demand: Yeosu, South Korea – A new variety of Korean laver, "Haetbadi 1," has set a record price of 1 million won per bundle (120kg) ...; Hwang Sujin Reporter 2024.11.20

Max Streaming Service Launches in Taiwan, Intensifying Competition: Warner Bros. Discovery's streaming service, Max, has officially launched in Taiwan, marking its entry into the competitive Asian m ...; Graciela Maria Reporter 2024.11.20

Nepal and Germany Sign €10 Million Grant Agreement to Boost Power Distribution: Kathmandu, Nepal – The Government of Nepal and the Federal Republic of Germany have signed a €10 million (approximately ...; Pedro Espinola Special Correspondent 2024.11.20

AI Revolution: A Double-Edged Sword for the Job Market: The rapid advancement of artificial intelligence (AI) since 2007 has brought about a wave of both optimism and anxiety. While many ...; Ana Fernanda Reporter 2024.11.20

IPOs Drive Surge in South Korea's Equity Financing: Seoul, South Korea – South Korea saw a significant surge in equity financing in October, driven by a surge in Initial Public ...; Hwang Sujin Reporter 2024.11.18

Woori Bank Hit by Another Fraudulent Loan Scandal, Marking the Fourth Incident This Year: Seoul, South Korea – Woori Bank has once again been embroiled in a significant financial fraud scandal, marking the fourth s ...; KO YONG-CHUL Reporter 2024.11.17

HD Hyundai Accelerates Owner-Led Management with Jeong Ki-sun's Promotion: Seoul, South Korea - HD Hyundai has strengthened its owner-led management structure with the promotion of Jeong Ki-sun to Executiv ...; Hwang Sujin Reporter 2024.11.16

Samsung Electronics and Union Reach Tentative Labor Agreement Amidst Industry Rivalries: Seoul, South Korea - Samsung Electronics and the National Samsung Electronics Union (NSEU) have reached a tentative agreement on a ...; Hwang Sujin Reporter 2024.11.16

South Korea's Banking Sector Faces Growing Strain Amidst Rising Non-Performing Loans: Seoul, South Korea – South Korea's four largest financial groups have seen a significant surge in non-performing loans (NPLs ...; Desk 2024.11.16

Salmonella and E. coli Outbreaks Prompt Surge in Food Recalls: A recent spike in Salmonella and E. coli outbreaks across the United States has led to a surge in food recalls, with heightened co ...; Global Economic Times Reporter 2024.11.12

Starbucks Korea Introduces Digital Planner for the First Time in 22 Years: Seoul, South Korea – Starbucks Korea has announced the launch of a digital planner, marking a significant departure from its ...; Desk 2024.11.11

Daewoo Engineering & Construction Secures Major Fertilizer Plant Project in Turkmenistan: Seoul, South Korea - Daewoo Engineering & Construction (Daewoo E&C) announced today that its Chairman, Jung Won-ju, visite ...; Global Economic Times Reporter 2024.11.11

US economy growing despite voter angst: The US economy grew solidly in the three months to September, expanding at an annual rate of 2.8%. Despite there being a slight s ...; Global Economic Times Reporter 2024.11.09

Hyundai Engineering & Construction Secures Massive Bulgarian Nuclear Power Plant Project: Hyundai Engineering & Construction (Hyundai E&C) has won a bid to construct a new nuclear power plant in Bulgaria, marking ...; ONLINE TEAM 2024.11.06

Nexon to Expand Global Market with Strengthened IP Franchises: Nexon, celebrating its 30th anniversary this year, has announced plans to expand its global market presence by strengthening its i ...; Desk 2024.11.02