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South Korean “Spicy Ramen Queen” Sees Fortune Soar to $354 Million Amid Global K-Food Craze

South Korean “Spicy Ramen Queen” Sees Fortune Soar to $354 Million Amid Global K-Food Craze

Kim Jung-soo, vice chair of South Korea’s Samyang Roundsquare and the force behind the wildly popular Buldak Bokkeummyeon (Hot Chicken Flavor Ramen), has become the wealthiest female shareholder in the Korean food industry — with her stock portfolio now valued at approximately $354 million. According to industry data released on July 13, Kim’s shares in Samyang Foods surged from around

Jul 15 2025
11:00 AM PDT
LS Electric CEO Visits Vietnam to Boost Smart Grid and AI Push

LS Electric CEO Visits Vietnam to Boost Smart Grid and AI Push

(Photo=EVN) LS Electric, a South Korean manufacturer of power and automation systems, is looking to expand its presence in Vietnam’s energy sector. Its chairman and CEO, Koo Ja-kyun, visited Hanoi on July 14 to meet with Vietnam Electricity (EVN) and discuss opportunities in smart grids, HVDC, and battery storage. opportunities in smart grid, high-voltage direct current (HVDC), and battery energy

Jul 15 2025
10:00 AM PDT
Ripple Surges Nearly 50% in a Month, Driven by Korean Exchanges

Ripple Surges Nearly 50% in a Month, Driven by Korean Exchanges

(Photo=Pixabay) Ripple’s XRP token has soared nearly 50% over the past month, fueled by surging trading volumes on South Korea’s largest crypto exchanges, Upbit and Bithumb. Analysts say the rally underscores the growing influence of Korean investors in the altcoin market. Several media outlets reported, XRP trading on July 12 alone reached a combined $645 million on Upbit and Bithumb.

Jul 15 2025
09:00 AM PDT
South Korean Tax Authorities Intensify Crackdown on Influencer Tax Evasion

South Korean Tax Authorities Intensify Crackdown on Influencer Tax Evasion

Photo=National Tax Service of Korea South Korea's tax authorities are intensifying their efforts against digital content creators suspected of tax evasion, with recent data revealing the collection of millions in back taxes from prominent online personalities. According to figures obtained from the National Assembly, tax offices have investigated 67 influential YouTubers and live streamers since 2019, successfully recovering approximately USD

Jul 14 2025
11:00 AM PDT
KT&G Launches ESSE in Germany, Accelerates Entry into European Tobacco Market

KT&G Launches ESSE in Germany, Accelerates Entry into European Tobacco Market

Photo=KT&G South Korean tobacco manufacturer KT&G has officially launched its global superslim cigarette brand, ESSE, in Germany, signaling a full-scale entry into the European tobacco market. Starting with Germany—considered one of the most competitive battlegrounds for global brands—KT&G plans to expand ESSE’s brand recognition and market share across the continent. According to KT&G on July 14, ESSE Blue and ESSE Red have been available

Jul 14 2025
10:00 AM PDT