🇰🇷 South Korea · Consumer, Energy
34 storiesSouth Korea says 157 ticket scalpers arrested under stricter anti-scalping law
Culture Minister Choi Hwi-young told a cabinet meeting that 157 ticket scalpers had been arrested since revised anti-scalping laws took effect on Aug. 28, Yonhap and Asia Economy reported. He said the public had filed 68,158 reports and tha…
Oil falls as Middle East crude exports recover and G7 releases reserves
Brent crude for December delivery fell 1.89% to $100.32 a barrel and US West Texas Intermediate for November fell 1.84% to $89.43 on October 5, Yonhap reported, as Middle East crude exports increased and G7 countries moved to release emerge…
Aramco CEO says oil system strained, inventory rebuild may take up to two years
Aramco chief executive Amin Nasser said the world oil supply system is already under pressure and that rebuilding depleted inventories could take up to two years, speaking in London on October 5. Nasser estimated that about 3 billion barrel…
President Lee Calls Farmland Solar an Opportunity, Urges Permit Support
President Lee Jae-myung told a cabinet meeting on Oct 6 that South Korea must move toward an “electricity state” with renewable energy, and solar in particular, at its core, and said converting farmland for solar projects could earn several…
Minister: Honam chip complex's 6.3GW power, 650,000t water can be supplied locally
Climate, Energy and Environment Minister Kim Sung-hwan told a National Assembly audit that the Honam semiconductor industrial complex's expected 6.3GW of electricity and 650,000 tonnes of water a day can be supplied from within the region. …
Korea Western Power starts AI system to manage coal imports and inventory
Korea Western Power said it has begun operating an AI-based integrated control system covering bituminous coal vessel transport, offshore waiting, unloading and coal-yard inventory. Maeil Business reported the system went into full operatio…
Baskin Robbins to raise prices of 46 products by average 5.9% from Oct. 12
Baskin Robbins said on Oct. 6 it will raise prices of 46 products — 16 ice creams and 30 beverages and others — by an average 5.9% starting Oct. 12. A “Single Regular” ice cream goes from 3,900 to 4,300 won and a “Quart” from 18,500 to 19,9…
Single Seoul apartment unit draws 68,663 applicants on near-1-billion-won gap
One 84㎡ unit at the 강변역 센트럴 아이파크 complex in Guui-dong, Gwangjin-gu, Seoul drew 68,663 applications when it was offered on Oct 6, Newsis and Seoul Economic Daily reported, both citing the Korea Real Estate Board's Cheongyak Home portal. The …
Korea Consumer Agency finds carbon running shoes differ by model in tests
South Korea's Korea Consumer Agency published test results on October 6 for carbon running shoes from seven brands, finding differences in shock absorption, knee fatigue and durability. Nike and Puma models rated relatively well on shock ab…
Gulf producers keep Hormuz ‘shuttle’ crude exports; volumes said to top pre-war levels
Gulf oil producers including Saudi Arabia are still exporting crude through the Strait of Hormuz via high-risk “shuttle” runs, loading very large crude carriers inside the strait and transferring the oil to ships waiting outside, according …
GS샵 and Lotte Home Shopping launch major autumn discount events
GS샵 said it will hold its largest second-half shopping event, 판타지에스, from October 11 to 25, with 7% off all products, a promotional video featuring comedian Park Myung-soo and a 30-brand lineup on its TV channel. Rival Lotte Home Shopping w…
Lotte Mart sells seven underwear items at uniform prices of 3,000 and 5,000 won
Lotte Mart said it is selling seven underwear items at uniform prices, with women's seamless bras at 5,000 won and men's drawrs at 3,000 won. The retailer said the prices have applied at all stores since Oct. 1, pitched at shoppers seeking …
Minister, opposition clash at audit over 12th power plan committee list
At a National Assembly audit of the Ministry of Climate, Energy and Environment on Oct 6, People Power Party lawmakers demanded the names of the committee drafting the 12th Electricity Supply and Demand Basic Plan, and Minister Kim Sung-hwa…
Naver consumer dispute damage remedy rate at 83.6%, committee says
Naver's Users Protection and Self-Regulation Committee said 83.6% of consumer disputes filed with Naver last year received damage relief, based on an analysis of all dispute data that researchers cross-checked with external consumer counsel…
Bucheon offers half-price admission at six attractions to local university students
Bucheon, in Gyeonggi Province, began offering a 50% discount on admission to six city attractions on Oct 6 for students at four local universities. Students must show a student ID or enrollment certificate; the night attraction Bucheon Lumi…
Trump blames Ukraine war and Democrats for US gasoline prices
US President Donald Trump said in a Truth Social post on October 5 that rising gasoline prices are no longer a Strait of Hormuz problem, because record volumes of crude are flowing through the strait almost daily, and that the issue is now …
Seocheon market offers up to 20,000 won back to ecology institute visitors
Seocheon County's Sustainable Local Foundation said a refund event will run on October 9–10 at the temporary special market, linked to visits to the National Institute of Ecology. Shoppers who visited the institute this month and spend at l…
Jeju launches task force to tackle offshore wind permitting and grid issues
Jeju Province has launched an offshore wind promotion support task force and held its first meeting on Oct 6, Yonhap reported, to coordinate responses to permitting, grid connection, maritime boundary and resident acceptance issues. The tas…
Pohang to build sewage sludge energy facility by 2029, city says
Pohang city in North Gyeongsang Province has selected an HL Ecotech consortium to build a facility that turns sewage sludge into energy, at the public sewage treatment plant in Sangdo-dong, Nam-gu. The city says the 53.1 billion won project…
Gmarket opens ‘끝장세일’ sale through Oct 12 with digital and appliance discounts
Gmarket is holding its recurring ‘끝장세일’ sale from October 6 to 12, concentrating discounts on digital and appliance products, with food and daily necessities also included. Yonhap reported a 5% coupon worth up to 400,000 won for digital and…