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South Korea Cracks Down on Ticket Scalping, Citing Cultural Industry ‘Chronic Illness’

South Korea Cracks Down on Ticket Scalping, Citing Cultural Industry ‘Chronic Illness’

Photo=mcst South Korea is intensifying its fight against ticket scalping, with the government framing the crackdown as a necessary intervention to protect the cultural sector from what officials describe as a decades-long “chronic disease.” Choi Hwi-young, Minister of Culture, Sports and Tourism, said at a Feb. 12 press briefing in Seoul that his office moved quickly after taking office in

Feb 24 2026
11:00 AM PST
South Korea’s Aekyung Industry Tests U.S. Body-Care Market With Walmart Rollout

South Korea’s Aekyung Industry Tests U.S. Body-Care Market With Walmart Rollout

(Photo=Aekyung) Aekyung Industry, a South Korean consumer-products manufacturer known at home for cosmetics and daily household brands, is expanding its U.S. footprint by entering the country’s mass-market body-care aisle through Walmart. The company has secured placement for its LUVSCENT and SHOWER MATE lines in roughly 600 Walmart stores across 48 states, along with distribution on the retailer’s e-commerce platform. The

Feb 23 2026
11:33 PM PST
Korean Bakery Chain Paris Baguette Targets Canada as Next North American Growth Engine

Korean Bakery Chain Paris Baguette Targets Canada as Next North American Growth Engine

(Photo=Paris Baguette) Competition in North America’s bakery-café sector is drawing in more overseas brands, as consumers continue to spend on fresh breads, specialty drinks and premium desserts despite broader pressures on discretionary dining. Among the companies accelerating its push is South Korea’s SPC Group, which is expanding its Paris Baguette chain across Canada with an eye toward building a 100-store

Feb 23 2026
11:31 PM PST
Latecomer Biotechs Refuse to Yield in High-Stakes Obesity-Drug Race

Latecomer Biotechs Refuse to Yield in High-Stakes Obesity-Drug Race

(Photo=Dong-A ST) The global race to develop next-generation obesity treatments is increasingly defined by scale, speed and capital. Large pharmaceutical companies have surged ahead with blockbuster GLP-1 therapies and are now advancing multi-mechanism drugs designed to extend efficacy beyond weight loss. Yet even as the field grows more crowded and expensive, a cohort of smaller biotech firms is signaling it

Feb 22 2026
10:45 PM PST
Korean Bakery Chain Tous les Jours Rides K-Food Wave With U.S. Expansion Push

Korean Bakery Chain Tous les Jours Rides K-Food Wave With U.S. Expansion Push

(Photo=Tous les Jours) Growth in the U.S. bakery and café market is increasingly being shaped by a broader surge in global food trends, with Korean brands emerging as some of the most visible beneficiaries. What was once a niche ethnic category is now moving into the mainstream, supported by rising consumer familiarity with Korean flavors and products. Against that backdrop,

Feb 22 2026
10:45 PM PST