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East Asian Rivals Revisit FTA Amidst Tariff Fears

East Asian Rivals Revisit FTA Amidst Tariff Fears

by Teuvo Tuomi | Apr 15, 2025 | Asia, China, Economy, Japan, Korea, Trade

Just days before Donald Trump’s self-proclaimed “reciprocal” tariffs on most countries, South Korea, Japan, and China held their first economic talks in six years. The top trade officials of Seoul, Tokyo and Beijing all agreed to bolster cooperation in economy...
Korean Beauty Products Gain Popularity

Korean Beauty Products Gain Popularity

by Teuvo Tuomi | Jan 12, 2025 | Korea, Exports, Lifestyle, News

Korean beauty product exports have surpassed the $10 billion mark for the first time last year. According to the Ministry of Food and Drug Safety on Monday, Korean cosmetics exports reached $10.2 billion last year, a 20.6% increase on-year from $8.46 billion in 2023....
Warmer Weather Threatens Korean Kimchi

Warmer Weather Threatens Korean Kimchi

by Teuvo Tuomi | Sep 3, 2024 | Korea, Food & Drinks, Lifestyle, Research

South Korea’s famous kimchi is in danger, with scientists, farmers and manufacturers saying the quality and quantity of the napa cabbage is suffering due to rising temperatures. Napa cabbage thrives in cool climates, and is usually planted in mountainous regions...
K-Pop Stocks Plummet Amid Scandals

K-Pop Stocks Plummet Amid Scandals

by Teuvo Tuomi | Aug 17, 2024 | Entertainment, Economy, Korea, News

K-pop is struggling with a loss of growth, with Hybe taking the hardest hit. Hybe, home to K-pop superstars BTS, saw its shares plunge 4.56% last Wednesday, closing at 120 USD, the lowest since December 2022. This marked the fourth consecutive day of declines, with...
EU’s Decarbonization Efforts Draw Interest in Korea

EU’s Decarbonization Efforts Draw Interest in Korea

by Teuvo Tuomi | Jul 5, 2024 | Korea, Energy, Environment, EU, Infrastructure, Innovation, News

During the first half of 2024, the EU Climate Dialogues (EUCDs) project organized a set of three dialogue sessions in Seoul, South Korea. The sessions gained solid interest from policy representatives of both Korea and the EU, as well as the corporate side. The three...
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