"Korean cosmetics are rapidly growing in the Middle East. As the war subsides, K-beauty will be bolstered, so there's no ...

With the Middle East war between Israel and Iran in the final stages, some point out that domestic oil refineries and ...

The crisis in the Middle East has also put Korean industries on high alert. Given Korea's heavy reliance on Middle Eastern oil, a rise in oil prices could have serious negative impacts. 71.5% of the c ...

(Seoul=Yonhap Infomax) Si Yoon Yoon – Bank of America Corp. (BofA) CEO Brian Moynihan expressed optimism over recent signs of ...

(New York=Yonhap Infomax) Jin Woo Choi – US Energy Secretary Chris Light said on the 23rd (local time), "I do not expect oil ...

The South Korean government has decided to closely monitor as well as respond to energy prices and supply conditions as ...

The automotive parts industry is facing a series of setbacks in exports, from U.S. tariffs to the Middle East conflict. Companies that were looking to Europe o ...

As the conflict between Israel and Iran seems to be on hold for now, calls to quickly establish supply chain diversification ...

The Korean government has activated a joint emergency response team comprising relevant agencies to address the surge in international oil prices and escalatin ...

This photo, provided by South Korea's trade ministry on June 22, 2025, shows Second Vice Industry Minister Choi Nam-ho (C, ...

[Alpha Biz= Paul Lee] On June 24 (local time), U.S. stocks rallied as tensions in the Middle East eased following a ceasefire between Israel and Iran.

The recent U.S. attack on Iran has thrown cold water on Korea’s efforts to shift economic momentum. Rising international oil prices are fueling inflationary pressures at home while raising ...