Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates

Gochujang, fiery seasonings: K-sauces go viral among adventurous foreign palates

Once an afterthought in the global food trade, South Korea’s signature spices and sauces, ranging from fiery gochujang to fermented doenjang, ...

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang’s Q1 revenue up; quarterly dip signals rising competition

Coupang Inc., South Korea’s largest e-commerce platform, extended its year-on-year sales growth with an 11.1% increase to post $7.9 billion in...

Samsung unveils upgraded AI-powered OLED TVs

Samsung unveils upgraded AI-powered OLED TVs

Samsung Electronics Co. on Monday showcased its new lineup of organic light-emitting diode (OLED) TVs with advanced artificial intelligence features...

South Korea’s forex reserves dip to nearly 5-year low in February

South Korea’s forex reserves dip to nearly 5-year low in February

South Korea’s foreign exchange reserves diminished to the lowest level in nearly five years last month, largely due to the expanded forex swap...

S.Korea’s factory output dips in January; Retail sales, investment slow

S.Korea’s factory output dips in January; Retail sales, investment slow

South Korea’s factory production decreased in the first month of this year due to a manufacturing slowdown, while private consumption and busi...

S.Korea’s default risk dips below pre-martial law levels

S.Korea’s default risk dips below pre-martial law levels

South Korea’s financial market has stabilized with a sharp fall in the country’s default risk and some recovery of its currency value ag...

Corstone, Q Capital in talks with foreign investors to sell K-chicken chain

Corstone, Q Capital in talks with foreign investors to sell K-chicken chain

Seoul-based private equity firms Corstone Asia and Q Capital Partners are in talks with foreign investors to sell a South Korean fried chicken chain...

S.Korean retail investors rush to buy Indian stocks on dips

S.Korean retail investors rush to buy Indian stocks on dips

South Korea's mom-and-pop investors have upped their stake in Indian stocks, hoping that Donald Trump's return to the White House will boost the Sou...

TheBorn Korea eyes M&As, overseas expansion after $73.7 million IPO

TheBorn Korea eyes M&As, overseas expansion after $73.7 million IPO

TheBorn Korea Inc., a leading South Korean food and beverage group operated by TV celebrity and chef Paik Jong-won, is looking to acquire soy sauce ...

Hyundai Motor logs highest-ever Q3 revenue; margin drops

Hyundai Motor logs highest-ever Q3 revenue; margin drops

Hyundai Motor Co. on Thursday reported its worst quarterly profit margin for this year, despite delivering its highest-ever revenue for a third quar...

S.Korea’s inflation dips below 2% for 1st time in 42 months

S.Korea’s inflation dips below 2% for 1st time in 42 months

South Korea’s headline inflation slowed below 2% for the first time in three and a half years in September on lower international oil prices, ...

Acquisition loan rates dip to pre-pandemic levels in S.Korea

Acquisition loan rates dip to pre-pandemic levels in S.Korea

Interest rates on acquisition financing in South Korea are set to stabilize at the 5% level, rates last seen before COVID-19 swept the world, height...

Korea’s retail investors buy stocks on dips in turmoil

Korea’s retail investors buy stocks on dips in turmoil

South Korea’s individual investors took the recent turmoil in stock markets as an opportunity to buy shares at home and abroad on dips, bettin...

Kia posts highest-ever profit margin, double Tesla's

Kia posts highest-ever profit margin, double Tesla's

Kia Corp., South Korea’s No. 2 carmaker, on Friday posted its highest-ever operating profit margin of 13.2% in the second quarter, more than d...

CJ CheilJedang opens Bibigo store on Amazon Germany

CJ CheilJedang opens Bibigo store on Amazon Germany

South Korea's CJ CheilJedang Corp. announced on Tuesday that it launched the Korean food (K-food) brand Bibigo's store on Amazon Germany, the larges...

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai, Kia US car sales dip in April; EVs outperform

Hyundai Motor Co. and Kia Corp., under Hyundai Motor Group, suffered a drop in US car sales last month for a second month in a row, while rising sal...

Korea’s headline inflation dips below 3% in April but erratic

Korea’s headline inflation dips below 3% in April but erratic

South Korea’s headline inflation dipped below 3% for the first time in three months last month but uncertainty lingers from still-high agricul...

CJ CheilJedang overseas food sales surpasses domestic market

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...

Scrap steel price poised to rebound on lower inventories

Scrap steel price poised to rebound on lower inventories

Scrap steel prices in South Korea are poised to bounce back after hitting an annual low in the last month of 2023 amid declining scrap metal invento...

Daesang launches K-style chicken dipping sauces

Daesang launches K-style chicken dipping sauces

South Korea’s Daesang Corp. announced on Tuesday that its global food brand O’food launched two new chicken dipping sauces Swicy (sweet ...

Korea exports snap year-long slide as chips regain momentum

Korea exports snap year-long slide as chips regain momentum

South Korean exports rose in October for the first time in 13 months as semiconductors, the country’s top export item, are on course to regain...

Gluten-free Korean snack, pea soy sauce lure European gourmets

Gluten-free Korean snack, pea soy sauce lure European gourmets

COLOGNE, Germany – The traditional Korean snack yakgwa and a soy-like sauce made with peas were named innovative foods of the year at the worl...

BOK head says Korea inflation to dip below mid-2% in H2 2024

BOK head says Korea inflation to dip below mid-2% in H2 2024

South Korea’s central bank chief expected consumer inflation to fall below the mid-2% level in the second half of 2024, adding to predictions ...

Korea inflation at 21-month low; BOK may end rate hikes

Korea inflation at 21-month low; BOK may end rate hikes

South Korea’s headline inflation dropped for a fifth straight month to a 21-month low, adding to expectations that the central bank might not ...

S.Korea's BSI dips below 100 for 15th consecutive month

S.Korea's BSI dips below 100 for 15th consecutive month

The economic outlook of South Korean manufacturing and non-manufacturing sectors is negative for June, the 15th consecutive month of such pessimis...

Samyang Foods aims to grow Buldak sauce into $75 mn brand

Samyang Foods aims to grow Buldak sauce into $75 mn brand

South Korea's Samyang Foods Co. announced on Monday that it will strengthen its sauce business centered around its popular Buldak (hot chicken flavo...

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

K-chicken chain Kyochon signs MOU with Taiwanese food conglomerate

Kyochon F&B, the company operating Kyochon Chicken, said on Friday that it has signed a memorandum of understanding for a master franchise agree...

Korea exports dip for 2nd month, growth slows to 1-year low

Korea exports dip for 2nd month, growth slows to 1-year low

South Korea’s exports reported a decline for a second straight month in November on sluggish semiconductor sales, darkening the outlook for As...

Korea's stock deposits dip to lowest point since July 2020

Korea's stock deposits dip to lowest point since July 2020

Monthly average deposits for stock investment in South Korea are poised to drop below 50 trillion won ($35.1 billion) for the first time since July ...

Ukraine woes, global tightening knock down Asian stocks

Ukraine woes, global tightening knock down Asian stocks

Asian stock markets lost ground on Monday with South Korea’s main shares down to their lowest level in more than two weeks as rising tensions ...

Kakao Pay backs out of acquisition deal for SSG Pay, Smile Pay Hanwha in talks to buy five-star hotel Paraspara Seoul Kia's Lego-like PV5 with 16 variants to hit market in July Stray Kids make K-pop history with landmark stadium show in Germany S.Korea’s most prominent business leader returns with all charges cleared