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Korean Ice Cream Brands Push Into China as Global Sales Soar

Korean Ice Cream Brands Push Into China as Global Sales Soar

(Photo=Gemini Generated) South Korea’s ice cream makers are having a breakout year, and now they’re setting their sights on China’s $2.5 billion frozen dessert market. Exports of Korean ice cream surged 23% in the first half of 2025 to $65.5 million, the first time shipments topped $60 million in a six-month period, according to Korea Customs Service data. At this

Sep 1 2025
11:00 AM PDT
South Korea Hits AliExpress With $1.5 Million Fine Over Fake Discounts

South Korea Hits AliExpress With $1.5 Million Fine Over Fake Discounts

(Photo=AliExpress) South Korea has slapped AliExpress, Alibaba’s global shopping platform, with a $1.51 million fine after regulators uncovered a widespread scheme of fake discounts that misled thousands of Korean shoppers. According to the Korea Fair Trade Commission (KFTC), AliExpress subsidiaries OceanSky and MICTW manipulated prices on nearly 7,500 products between May 2023 and October 2024. The playbook was simple: invent

Sep 1 2025
09:00 AM PDT
Hanwha Expands U.S.-Korea Shipbuilding Alliance With New Geoje Office

Hanwha Expands U.S.-Korea Shipbuilding Alliance With New Geoje Office

Photo=Hanwha Ocean South Korea’s Hanwha Group has opened a new on-site office at Hanwha Ocean’s Geoje shipyard, strengthening cooperation on LNG carrier construction with its U.S. operations as Washington pushes to revive domestic shipbuilding. The new office, established by Hanwha Shipping, the group’s U.S.-based maritime subsidiary, will directly support LNG carrier projects being built at Philly Shipyard, which Hanwha acquired

Aug 30 2025
11:00 AM PDT
Nongshim Bets on K-Pop and Netflix With Limited Shin Ramyun Collaboration

Nongshim Bets on K-Pop and Netflix With Limited Shin Ramyun Collaboration

(Photo=Nongshim) South Korea’s biggest noodle maker is betting on the global appeal of K-pop—and Netflix. Nongshim, the company behind the iconic Shin Ramyun, has announced a limited-edition ramen set tied to K-Pop Demon Hunters, an upcoming Netflix animated film that blends the idol industry with supernatural action. The set, which goes on pre-order August 29, will be available exclusively in

Aug 30 2025
10:00 AM PDT
Trump Turns a Pen Into a Market Rally After U.S.–South Korea Summit

Trump Turns a Pen Into a Market Rally After U.S.–South Korea Summit

(Photo=Office of the President of the Republic of Korea) What started as routine diplomacy at the U.S.–South Korea summit on August 25 turned into a viral spectacle — and even moved the stock market — thanks to Donald Trump’s spontaneous praise for a pen. During the White House meeting, South Korean President Lee Jae-myung used a handcrafted pen from Jennaile,

Aug 29 2025
09:00 AM PDT