Seoul to lift curbs on banks' investment in kimchi bonds
South Korea will lift restrictions on banks' purchase of domestically issued foreign currency bonds, dubbed “kimchi bonds," as part of policy ...
FOMO-driven gold rush lifts kimchi premium on gold to highest level
With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has ...
Daesang launches kimchi brand with three-Michelin-star chef
South Korean leading food maker Daesang Corp., the operator of kimchi brand Jongga, said on Thursday it launched San Ho Won with three-Michelin-star...
Korea Inc. rushes to booming local corporate bond market
South Korean companies are rushing to raise money in the local corporate bond market, which is unusually buoyant at year's end amid expectations of ...
Korean indie fashion brands spread wings to Japan, China
Matin Kim, a rising designer brand in South Korea, will open its first offline store in Japan in the first half of next year, joining other Korean i...
S.Korea's Daesang holds kimchi contest in US
South Korea's Daesang Corp. said on Monday it hosted the "Jongga Kimchi Blast" event in the US to promote kimchi and elevate Korean food culture.&...
S.Korea’s premium kimchi war escalated by luxury hotels
Kimchi, Koreans’ staple food throughout millennia, has become a new, lucrative revenue source for the country’s luxury hotel chain opera...
Half of EV imports in Korea run on Chinese batteries as EV fires rise
Of 58 electric vehicle models running on the streets of South Korea, 22 models are equipped with Chinese batteries, a survey showed on Friday.Accord...
South Korea enjoys record-high kimchi exports in first half
South Korea's kimchi exports surged to an all-time high for a six-month period in the first half of this year, according to data from the Korea Agro...
CJ CheilJedang to open Bibigo Market in Paris
South Korea's CJ CheilJedang Corp. announced on Monday that it will open Bibigo Market at the Korea House operated in Paris during the Olympics to p...
Bibigo opens store in Incheon Airport duty-free shops
CJ CheilJedang Corp.'s Korean food brand Bibigo announced on Tuesday that it recently opened its stores at Shinsegae Duty Free and Shilla Duty Free ...
Daesang to scale up meal kits, kimchi production in Vietnam
Daesang Corp., South Korea’s leading food maker, said on Monday its two Vietnamese operations have each completed their second plant in the co...
Korean kimchi makers spur production in US, Australia
South Korean top food makers such as CJ CheilJedang Corp. and Daesang Corp. are expanding their kimchi factories overseas to meet growing demand for...
2024 an intriguing year for Japan: Savills IM
The Japanese real estate market holds a prominent status in the global investment landscape, buoyed by robust fundamentals that have made it a sough...
CJ CheilJedang overseas food sales surpasses domestic market
South Korea's CJ CheilJedang Corp. announced on Tuesday that its overseas food sales surpassed the domestic market in the fourth quarter performan...
Daesang launches kimchi paste, spread for US, Europe
South Korea's Daesang Corp. announced on Wednesday that it has launched two new global products, "Do-it-yourself Kimchi Paste" and "Kimchi Spread."T...
Korean fried chicken: World's favorite K-food
In 2023, Korean-style fried chicken retained its crown as the most-loved Korean dish among global consumers, marking its fourth consecutive year a...
Korea’s troubled kimchi fridge maker Winia seeks new owner
Winia Co., South Korea’s troubled kimchi refrigerator manufacturer under court receivership, is looking for a new owner to save the company fr...
Lotte Hotels & Resorts ups ante in kimchi business
South Korea’s largest hotel group Lotte Hotels & Resorts is pinning high hopes on kimchi as a new revenue source amid intensifying competi...
Korea Post resumes kimchi delivery to US
South Korea's state-run postal service agency Korea Post announced on Monday it resumed Express Mail Service (EMS) for shipping kimchi all over the ...
BBQ's Chicken Camp gets popularity from foreign tourists
Foreign tourists looking for Chicken Camp, operated by BBQ, a South Korean fried chicken brand, have been increasing noticeably. Chicken Camp is a c...
Daesang holds kimchi pop-up event in Seoul
South Korean food company Daesang Corp. on Friday said it is holding through Oct. 15 the country’s first kimchi pop-up store “Kimchi Bla...
Instant noodles, rice, kimchi buoy Korean food exports
South Korea’s agricultural and food exports have turned upward this year, led by Koreans' everyday menu items such as rice, kimchi and instant...
LG Electronics boosts 'Life's Good' campaign in Tennessee
South Korea's electronics giant LG Electronics Inc. has commenced various community support initiatives in Tennessee, one of its key production hubs...
Daesang opens Jongga kimchi pop-up store in London
South Korean food maker Daesang Corp. has launched a pop-up store for its kimchi brand called Jongga in London, UK, the company announced on Wednesd...
Lotte Hotels & Resorts to launch premium kimchi product
Lotte Hotels & Resorts, a leading South Korean hospitality company, announced on Thursday its intention to penetrate the domestic kimchi market,...
Lotte Rental CEO becomes first owner of Kia EV9
The first owner of Kia Corp.'s EV9 large electric sports utility vehicle (SUV) is Mr. Choi Jin-hwan, President and CEO of Lotte Rental, South Korea'...
S.Korea's Daesang acquires US food company Lucky Foods
Daesang Corporation, a South Korean manufacturer of food and pharmaceutical ingredients, announced on Monday that it has acquired the US food compan...
Jin Air seeks to spread wings to Indonesia, Singapore
Jin Air Co., a low-cost carrier (LCC) under Korean Air Co., is seeking to expand its air routes to Indonesia and Singapore this year with the additi...
Specialty income by preferred securities, commercial MBS
With a hamstrung US Federal Reserve, the global outlook for 2023 is one of cautious optimism for fixed income. As the Fed is unable to readily rescu...
