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Premium chocolate makers are increasingly looking beyond department stores to drive growth, betting that wider retail distribution can
Apple’s first foldable iPhone is testing consumers’ willingness to pay luxury-level prices for new smartphone designs, with the
North American automakers are raising the bar for suppliers as artificial intelligence, factory automation and early-stage engineering collaboration
A South Korean medical drama is approaching a 20% television rating despite criticism from doctors over its portrayal
Photo=Hanmi Pharmaceutical South Korea’s obesity-drug market is emerging as a new battleground for price competition, with implications for U.S. pharmaceutical companies and investors betting on the long-term growth of GLP-1 treatments. Hanmi Pharmaceutical is preparing to launch Efe, a domestically developed weight-loss drug whose estimated first-month supply cost of about $90 could undercut established rivals from Eli Lilly and Novo
(Photo=Hyundai Glovis) A shortage of ships capable of transporting automobiles is creating new opportunities in the global auto industry. Hyundai Glovis, a South Korean logistics company that handles vehicle shipments for Hyundai Motor and Kia, two major South Korean automakers selling cars and SUVs in the United States, is expanding its fleet with one of the world's largest car carriers.
(Photo=Pixabay) South Korea imposed sweeping restrictions on property purchases to curb speculation and make housing more affordable. A year later, the average apartment in Seoul costs $1.2 million, nearly $100,000 more than before the crackdown. Rents have also surged, leaving the government struggling to contain a housing market it sought to control. The stakes are particularly high in South Korea,
(Photo=MotionElements) Artificial intelligence is making it easier for hackers to search for weaknesses in financial networks. But a series of cyberattacks in South Korea has exposed a more fundamental problem. Many financial institutions are struggling to maintain basic security protections, leaving customer information vulnerable as cyber threats become more sophisticated. South Korea's Financial Services Commission, the country's financial regulator, said
Photo=LG Electronics The smart-home industry is entering a new phase of competition as technology companies move beyond standalone security cameras and connected appliances to build integrated systems that automate everyday household tasks. LG Electronics and Apple are joining forces on a new lineup of AI-powered devices, a move that could intensify pressure on Amazon’s Ring and Google’s Nest while opening
