President Lee Jae-myung (center) speaks before meeting with business leaders on June 13, 2025 South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for fairness and discipline in the market.Hosting his fir
President Lee Jae-myung (second from right) presides over his first cabinet meeting on June 5, 2025 South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month high as post-election optimism over the Lee Jae-my
CU at Incheon International Airport “If you’re going to San Francisco, be sure to wear some flowers in your hair,” as Scott McKenzie sang in the late 1960s and 70s.If and when foreign tourists come to South Korea, it’s almost a ritual for them to stop by convenience stor
A Louis Vuitton outlet in Seoul South Korea’s luxury goods market is becoming increasingly polarized, with ultra-high-end brands such as Hermès, Louis Vuitton and Chanel reporting record-breaking sales, while mid-range labels struggle amid a broader consumer pullback.Despite an ove
President Yoon Suk Yeol is removed from office on April 4, 2025 (Courtesy of Yonhap) South Korea’s Constitutional Court permanently removed President Yoon Suk Yeol from office on Friday, making him the country’s second president in Korean history to leave office through impeac
A CU convenience store in Seoul Using multiple measures, CU and GS25 both claim they are the No. 1 player in South Korea’s convenience store (CV) market.CU, operated by BGF Retail Co., says it is the top Korean convenience store chain in terms of store count and profitability. Meanw
Jeju Island (Getty Images) Following the pandemic, hotels and casinos are enjoying a renewed tourist boom with Chinese tourists returning to South Korea, particularly its top resort island of Jeju. Meanwhile, luxury boutiques at duty-free shops are being sidelined with falling sales.According t