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Korean Cosmetics Makers Target Latin America as Western Competition Heats Up

Korean Cosmetics Makers Target Latin America as Western Competition Heats Up

(Photo=Pixabay) Korean cosmetics companies are targeting Latin America as their next growth market, moving into a region where American and European beauty brands have less dominance than in other parts of the world. Exports from South Korea to Latin America reached $70 million last year, up from $15 million in 2020, according to the Korea International Trade Association, an industry

Nov 24 2025
09:00 AM PST
South Korean Rapper Launches Craft Beer Through Convenience Store Chain

South Korean Rapper Launches Craft Beer Through Convenience Store Chain

(Photo=GS Retail) G-Dragon, a South Korean rapper and fashion designer, will release a craft beer through GS25, a convenience store chain in South Korea, next month. GS25 announced the December 11 launch of Daisy Ale, developed with G-Dragon's fashion brand Peaceminusone and Hitachino Nest, a Japanese craft brewery. The beer takes its name and theme from the daisy flower, which

Nov 24 2025
08:00 AM PST
Polestar Begins EV Production in South Korea to Target U.S. Market, Eyes Global Expansion

Polestar Begins EV Production in South Korea to Target U.S. Market, Eyes Global Expansion

(Photo=Plestar) Polestar, the Swedish electric vehicle brand backed by Volvo and China’s Geely, has begun manufacturing its Polestar 4 model in Busan, South Korea, for export to the United States — a strategic shift aimed at avoiding U.S. tariffs on Chinese-made EVs and reinforcing its global supply chain. CEO Michael Lohscheller, speaking to Korean media in Seoul, called the Busan

Nov 23 2025
10:00 AM PST
South Korea’s Producer Prices Rise for Second Straight Month on Semiconductor Demand

South Korea’s Producer Prices Rise for Second Straight Month on Semiconductor Demand

Photo=Motionelements South Korea’s producer prices rose for the second consecutive month in October, driven largely by strong global demand for memory chips, according to data released Thursday by the Bank of Korea. The Producer Price Index (PPI) increased 0.2% month over month to 120.82 (2020=100), following a 0.4% rise in September. Prices of agricultural and fisheries products fell 4.2% from

Nov 23 2025
10:00 AM PST
Naver Founder Lee Hae-jin Discusses Stablecoins, Data Centers in Saudi Arabia

Naver Founder Lee Hae-jin Discusses Stablecoins, Data Centers in Saudi Arabia

Photo=Saudi Press Agency Naver founder and Global Investment Officer Lee Hae-jin met with senior Saudi officials this week to explore cooperation in digital finance and advanced technology, including potential joint projects involving stablecoins and data-center development. According to Naver and Saudi state news agency SPA, Lee visited Riyadh on Nov. 18 (local time) to attend Cityscape Global 2025, one of

Nov 22 2025
11:00 AM PST