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Wednesday, September 17, 2025

BUSINESS

Rush in sugar stock prices with consumers sweet on tanghulu craze

The craze in Korea for tanghulu, a sugar-encrusted dessert that originated from China, and soaring global sugar prices, are triggering a surge in the stock...

Crab-crazy Korea to solve Italy’s crustacean invasion

Korea, the biggest crab-loving nation in the world, is looking to import blue crabs from Italy, where the crustaceans are proving a headache. The blue...

Vietnam, Indonesia emerge as key target markets for Lotte

HANOI — Lotte Chairman Shin Dong-bin cited Vietnam and Indonesia as key target markets for the Korean retail conglomerate during the grand opening ceremony...

Korean Air donates $25 million to Science Center, building ‘Korean Air Aviation Gallery’

  Korean Air is set to have a dedicated aviation gallery in a new air and space museum in Los Angeles. On September 20, Korean Air...

Korean consumers upset over Apple’s iPhone 15 pricing

Apple's decision to uphold the price range for its newest iPhone 15 series versus the 14 series was welcomed by consumers in most countries....

BTS members promise to ‘stay together in 2025 and beyond’

All seven members of boy band BTS will renew their exclusive contracts with their agency BigHit Music, a music label run by HYBE, promising...

U.S. guardrails on China imminent, Korean chipmakers on high alert

U.S. Commerce Secretary Gina Raimondo said Tuesday the final version of the so-called guardrails that limit production expansion in China will be ready within...

Korean government boosts budget for Ukrainian reconstruction

The Korean government will increase the budget for Ukrainian reconstruction support in the upcoming year, along with a boost to the overall Official Development...

Yen pals

Korea’s tax revenue to fall short by $44.5 billion, Finance Ministry says

Korea will collect 59.1 trillion won ($44.5 billion) less in tax this year than initially estimated due to dwindling corporate profits and the downturn...