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Kia Lowers 2026 EV9 Prices in the U.S.—A Strategic Move to Ease Upfront Cost for Buyers

Kia Lowers 2026 EV9 Prices in the U.S.—A Strategic Move to Ease Upfront Cost for Buyers

Photo=KIA Kia is reducing the price of the 2026 EV9 by up to $2,000 in the U.S., aiming to ease initial purchase barriers and expand its customer base. According to industry sources on May 30, Kia has lowered the U.S. prices for select trims of the 2026 EV9 by as much as $2,000. The “Light Long Range” and “GT-Line” trims

Jun 2 2025
12:00 PM PDT
Stablecoin Volume in South Korea Tops $41.3 Billion in First Quarter

Stablecoin Volume in South Korea Tops $41.3 Billion in First Quarter

(Photo=Pixabay) Stablecoin transactions in South Korea reached $41.3 billion in the first quarter of 2025, driven largely by Tether (USDT), according to new data from the Bank of Korea (BOK). The data, submitted by the Bank of Korea to Cha Kyu-geun, a member of the National Assembly’s Strategy and Finance Committee, covers activity at the country’s five major cryptocurrency exchanges—Upbit,

Jun 2 2025
09:00 AM PDT
Koreans Spending Less Than 10 Years Ago… Decline in Consumption Relative to Income Across All Age Groups

Koreans Spending Less Than 10 Years Ago… Decline in Consumption Relative to Income Across All Age Groups

(Photo=Motionelements) The proportion of consumption expenditure relative to income, known as the average propensity to consume, has declined across all age groups in South Korea compared to a decade ago. The Korea Chamber of Commerce and Industry (KCCI) published a report titled 'Changes in Consumption Propensity by Generation and Implications' on the 1st, analyzing income, spending, and consumption trends by

Jun 2 2025
07:00 AM PDT
BLACKPINK’s Jennie Sparks Surge in Nongshim Snack Exports: Banana Kick Sales Jump 69%

BLACKPINK’s Jennie Sparks Surge in Nongshim Snack Exports: Banana Kick Sales Jump 69%

(Photo=Nongshim) Nongshim, South Korea’s leading instant noodle maker, is expanding its export focus to include snacks following a surprising spike in sales of its popular Banana Kick snack. According to the food industry on June 1, Banana Kick exports to the U.S. surged by 69% in April compared to the previous month. The increase came shortly after BLACKPINK’s Jennie introduced

Jun 1 2025
10:44 PM PDT
Paris Baguette Tightens Focus on North American Expansion with CDO Appointment

Paris Baguette Tightens Focus on North American Expansion with CDO Appointment

South Korean bakery chain Paris Baguette is accelerating its expansion in North America by appointing a new Chief Development Officer (CDO). The personnel change is seen as a strategic move to realize the company’s vision of opening 1,000 stores in North America by 2030. On May 28 (local time), Paris Baguette's U.S. subsidiary announced the promotion of Nick Scaccio, former

Jun 1 2025
11:00 AM PDT