(Photo=Pixabay) South Korea’s era of ultra-low interest rates is reverberating through its housing market, as mortgage costs climb toward 7% and borrowers who entered during the boom years face a sharp increase in repayment burdens. For much of the past decade, cheap credit fueled a surge in home buying, particularly in major cities where property prices rose steadily. Many households

Hyundai’s Jang Jae-hoon Deepens Hydrogen Push in China With Guangzhou Partnership Hyundai Motor Group is accelerating its hydrogen strategy in China, with Vice Chairman Jang Jae-hoon spearheading a partnership with Guangzhou aimed at building a broader ecosystem beyond vehicles. Jang, who oversees the group’s hydrogen business, met with Guangzhou Mayor Sun Zhiyang to discuss cooperation on sustainable hydrogen models, aligning

Photo=Motionelements South Korea raised its government-imposed caps on wholesale fuel prices, underscoring mounting pressure on energy costs even as authorities try to shield consumers. The Ministry of Trade, Industry and Energy set a second round of maximum wholesale prices, effective at 12:00 a.m. for two weeks, at $5.53 per gallon for gasoline, $5.50 per gallon for diesel used in vehicles

(Photo=NITORI) Japanese home-furnishing retailers are stepping up their push into South Korea, betting that the country’s rapidly growing number of single-person households is reshaping demand for furniture and home goods. The shift reflects a broader demographic trend. Single-person households now account for a significant and rising share of South Korea’s population, particularly in urban centers such as Seoul, where smaller

Photo=Motionelements South Korea raised its government-imposed caps on wholesale fuel prices, underscoring mounting pressure on energy costs even as authorities try to shield consumers. The Ministry of Trade, Industry and Energy set a second round of maximum wholesale prices, effective at 12:00 a.m. for two weeks, at $5.53 per gallon for gasoline, $5.50 per gallon for diesel used in vehicles