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Korean mochi brand or new Tokyo Banana product?
Tokyo Berry is facing criticism over packaging and marketing that consumers say closely resemble Japan’s iconic Tokyo Banana brand.
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Hanwha Ocean signs 7.8 trillion won contract to build Korea's next-generation destroyer
The deal comes after a month of negotiations with the Defense Acquisition Program Administration to design and build the first homegrown Aegis-class warships, with the lead ship of the program scheduled to enter service in 2032.
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Industrial output posts sharpest growth in six years in June on cars, chips
Industrial production rose 2.3 percent in June, with retail sales and facility investment also posting gains as autos and semiconductors led the recovery.
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Korea to launch $14 billion sovereign wealth fund
The government plans to start a new sovereign wealth fund next year to make long-term investments in strategic and cutting-edge industries.