HMM may look to buy back Hyundai LNG Shipping
HMM, Korea's largest container shipper, is considering acquiring Hyundai LNG Shipping in a move that could help prevent the largest domestic liquefied natural gas (LNG) shipping company from falling into the hands of a foreign entity.
Coin-conscious consumers in Korea buy clothes by the kilogram
As inflation and rising interest rates continue to put pressure on people's wallets, young cost-conscious shoppers are seeking a way to get their hands on clothes by the gram, just like meat and produce.
Foreign tourists take a photo in front of the Welcome Center for the Korea Grand Sale 2023 in Seoul's downtown shopping mecca Myeongdong on Thursday.
A grand reveal
Minister of Culture, Sports and Tourism Park Bo-gyoon, third from right, unveils the new Myeongdong Welcome Center on Thursday, just in time for the 2023 Korea Grand Sale that runs from Jan. 12 to Feb. 28. Myeongdong ...
CJ CheilJedang products on sale amid dispute with Coupang
E-commerce companies are using a dispute between Coupang and CJ CheilJedang as a marketing opportunity.
Lotte Outlet to host special sale from Oct. 28 to Nov. 6
Lotte Outlet will host a special sale event from Oct. 28 to Nov. 6 in time for the winter season, with a total of 430 brands participating, the company announced Thursday.
Largest-ever Korea Sale Festa to kick off next week amid high inflation
The largest-ever annual shopping event in Korea will take place next week amid the government's effort to curb high prices and boost private spending, the Industry Ministry said Wednesday.
Short selling under fire again as stocks remain volatile
Short selling is under fire once again in Korea after dramatic falls in stock prices, and the financial regulators are taking aim.
Supermarket chains use discounts to fight inflation fears
Cheap chicken and pizza have been so popular that large supermarket chains are introducing discounted tangsuyuk, or sweet and sour pork, as they experiment with dramatic price reductions in an inflationary age. Lotte Mart announced Wednesday...
Advertising banners promote the Korea Grand Sale summer special event, which runs from Wednesday to Aug. 31 in collaboration with Seoul Festa 2022, in Myeong-dong, central Seoul, Wednesday.