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Inflation makes basic food items unaffordable for many

Inflation, which has persisted for months, has started to impact the country's typically most affordable food items.

Seoul , Soult-ukpyolsi , South-korea , Kyochon , Cholla-namdo , Korea , Lotte-wellfood , Korea-consumer-agency , Mcdonald , Big-mac , Mcspicy-shanghai , Statistics-korea

Finance Minister Choi Sang-mok says Korean gov't to review raising annual growth target on strong Q1 data

Finance Minister Choi Sang-mok has said the government is considering raising this year's economic growth target from the current 2.2 percent following stronger-than-expected performances in the first quarter.

South-korea , Georgia , Tbilisi , Georgia-general- , Organization-for-economic-cooperation , Central-bank-governor-meeting , Ministry-of-economy , Finance-minister-choi-sang-mok , Minister-choi-sang-mok , Economic-cooperation , Central-bank-governor

Gold rises on Fed rate cut hopes, Middle East tensions

Gold prices ticked higher on Monday, as expectations that the Federal Reserve will start cutting interest rates later in the year and tensions in the Middle East lifted bullion's appeal.

New-york , United-states , Perth , Western-australia , Australia , Israel , Gaza , Israel-general- , Chicago , Illinois , Israeli , John-williams

Chinese spending on consumer goods jumps under trade-in program; policy to open up huge market worth trillions of yuan

The National Development and Reform Commission (NDRC), China’s top economic planner, held a symposium in recent days with representatives of private companies on trade-ins of large-scale equipment and consumer products, according to a post seen on Monday on the NDRC's WeChat account.

Shanghai , China , Jinhua , Zhejiang , Xizi , Shaanxi , Shandong , Jiangsu , Suning , Hebei , Henan , Chinese

Chinese shares stage strong comeback on robust economic data

Chinese stocks staged a strong comeback on Monday after the May Day holidays, with major indices posting significant gains in response to robust economic indicators and booming consumption, signaling vibrant market dynamics.

Shanghai , China , Donghai , Guangdong , Shenzhen , Wang-yu , Shaanxi , Chinese , Wuliangye-yibin , Guizhou-moutai , Yang-delong , First-seafront-fund

GT Voice: Probe of China's shipyards sign of American peers' bleak future

The Biden administration seems to see cracking down on the Chinese shipbuilding industry as a panacea for struggling US shipyards. However, isn’t the idea of forcing China to take the medicine for what ails the US further evidence of the bleak future of the American shipbuilding sector?

South-korea , United-states , China , Japan , Washington , Chinese , America , American , Vcgthe-biden , Us-naval-institute , Information-technology , Ministry-of-industry

May Day holidays see surge in tourism to lesser-known counties

The five-day May Day holidays, which concluded on Sunday, witnessed a bustling tourism market with a surge in visitor numbers at many tourist attractions nationwide, with a trend showing that many tourists explored smaller cities and towns alongside traditional popular tourism destinations.

Shanghai , China , Beijing , Lishui , Zhejiang , Nanjing , Jiangsu , Yiwu , Hangzhou , Fujian , Xiapu , Chengdu

Robberies surge 17.5% in Baltimore, with juvenile robberies increasing by 187.5%

According to data released by Baltimore Police at last month's Public Safety Hearing at City Hall, robberies are up 17.5

Baltimore-police , Public-safety-hearing , City-hall , Baltimore-city , Central-district , Baltimore , Robberies , Juveniles , Increase , Police , Data

Ginseng ad with Korean singer Lim Young-woong hits 10. mil views in 10 days

Korea Ginseng Corp. (KGC) said Sunday that its commercial videos featuring trot singer Lim Young-woong promoting red ginseng brand Jung Kwan Jang have gained a combined 10 million views within 10 days of its release.

South-korea , Korea , Jung-kwang-jang , Kim-soo-hyun , Jung-kwan-jang , Baek-byung-yeul , Korea-ginseng-corp , Youtube , Singer-lim-yong-woong , Korea-ginseng , Jung-kwang , Lim-young-woong

Sales of eco-friendly cars top 100,000 in Q1 in South Korea

Sales of eco-friendly cars surpassed 100,000 units in the first quarter in Korea on booming demand for hybrid vehicles, industry data showed Sunday.

Seoul , Soult-ukpyolsi , South-korea , Hyundai-motor , Sorento-hybrid , Santa-fe-hybrid , Carnival-hybrid , Cars , Vehicles , Hybrid , Period