South Korea's KOSPI stock index broke the historic 7,000-point barrier for the first time, fueled by a semiconductor and AI-driven rally — but experts warn the country's over-reliance on chips makes the milestone fragile without investment in next-generation industries.
Busan has linked 71 global mobile payment platforms from 21 countries to its local Zero Pay merchant network, aiming to make it easier for foreign tourists to spend money in the city's neighborhoods, traditional markets, and small businesses.
South Korea's KOSPI stock index broke the historic 7,000-point barrier for the first time, fueled by a semiconductor and AI-driven rally — but experts warn the country's over-reliance on chips makes the milestone fragile without investment in next-generation industries.
As K-Food exports surpass $13 billion and Korean temple cuisine earns Michelin recognition worldwide, experts are asking whether the world's appetite for hansik is a genuine cultural shift — or just the latest foodie trend consuming something it doesn't fully understand.
From Emart's first-ever Tesla accessories partnership to Lotte's budget sake push and a flurry of stock market moves driven by AI and robotics, here is everything happening in Korean retail and business this week.
From the mineral sunscreen ingredients powering a global clean beauty shift to CJ Olive Young's first US store in Pasadena and Cosmax's European manufacturing push, Korea's beauty industry is building serious global infrastructure — not just viral moments.
A Korean luxury hotel CEO is asking whether Hallyu is simply being consumed or genuinely revered — and his answer points to a bold path forward for Korean culture on the world stage.
