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Japanese home-furnishing retailers are stepping up their push into South Korea, betting that the country’s rapidly growing number
South Korea raised its government-imposed caps on wholesale fuel prices, underscoring mounting pressure on energy costs even as
South Korea’s senior public officials are rushing to sell off multiple homes as the government tightens rules designed
Lee Jae-yong, executive chairman of Samsung Electronics, has moved to bolster morale among employees stationed in the Middle
(Photo=Home) A planned sale of Homeplus Express is emerging as more than a routine retail transaction, reflecting how financial pressure on a leveraged supermarket operator is intersecting with a broader shift in how food companies approach distribution. Homeplus, South Korea’s second-largest hypermarket chain, has been under strain for years following its acquisition by private equity firm MBK Partners, with debt
(Photo=MotionElements) Iran’s move to block the Strait of Hormuz amid escalating military tensions is beginning to disrupt global oil flows, with early signs of strain emerging in South Korea, one of the world’s most import-dependent energy consumers. Roughly a fifth of global oil supply typically passes through the narrow waterway, making it a critical chokepoint for energy markets. With shipments
(Photo=HYBE) Netflix agreed to finance a comeback concert by BTS, but walked away with distribution rights only—an outcome that underscores a shifting balance of power in the global content industry. Under the deal, HYBE retained full ownership of the group’s music and performance intellectual property, even as Netflix covered production costs estimated at about $6 million. The structure marks a
Photo=Lisa Su X Advanced Micro Devices CEO Lisa Su held a series of high-level meetings on March 19 local time, deepening ties with major South Korean technology firms and government officials as part of a broader push to expand the company’s role in the global artificial intelligence ecosystem. The visit included engagements with Samsung Electronics, AI startup Upstage, and senior
Photo=Motionelements A recent pullback in gold prices is rattling retail investors in South Korea, as shifting expectations for U.S. monetary policy reduce the appeal of the traditional safe-haven asset. Volatility in the domestic gold market has increased in recent sessions, with trading volumes swinging sharply as individual investors react to declining prices. Market participants say sentiment has weakened quickly following
