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Luxury brands are increasingly extending automotive engineering and design into performance apparel as sportswear companies seek higher-margin opportunities
South Korean beauty brands are increasingly adapting products to local consumer preferences as competition intensifies in Japan’s cosmetics
The global video game industry is increasingly rewarding publishers that can sustain blockbuster franchises while controlling development costs,
South Korea’s rapid cash outflows after payday highlight the financial pressures facing younger consumers in a country where
Photo=Motionelements A prolonged surge in oil prices could weaken South Korea’s economy, fuel inflation and erode its trade surplus, adding to risks for U.S. investors and multinational companies exposed to Asian manufacturing and consumer demand. In a downside scenario released October 22, South Korea’s National Assembly Budget Office warned that an extended disruption to Middle Eastern oil supplies could undermine
(Photo=Hivemediacorp) A week after President Richard Nixon announced his resignation over the Watergate scandal in August 1974, gunfire erupted at a national ceremony in South Korea, killing the country's first lady. While the United States was confronting presidential misconduct, South Korea was under an authoritarian government that restricted political dissent and press freedom. More than 50 years later, that shooting
(Photo=Hyundai Motor) China’s electric vehicle market is becoming a difficult test for global automakers, even those willing to adopt Chinese technology and compete on price. Hyundai Motor, South Korea’s largest automaker, has embraced both strategies in its latest attempt to revive sales in China, but its new Ioniq V electric sedan recorded just 28 sales in September. The challenge extends
(Photo=Samsung) An American audio brand with 80 years of history is becoming a showcase for Samsung Electronics’ ambitions in premium sound. JBL, founded in the United States in 1946, is celebrating its anniversary with a speaker limited to just 800 pairs worldwide and an exhibition of historic audio equipment, including a stereo system reportedly once installed in the White House.
Photo=Motionelements South Korea is planning to overhaul its national health insurance collection system, a move that could generate an estimated $1.1 billion in additional net revenue by requiring millions of households to pay premiums based on verified income. The reform highlights a broader challenge for health-care systems worldwide, including those monitored by U.S. insurers and investors: how to align contributions
