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Commodities

FOMO-driven gold rush lifts kimchi premium on gold to highest level

With South Korean retail investors joining the global gold rush in ‘fear of missing out’, or FOMO, the country’s gold price has shot up faster than the international price, widening its gap with the London gold price to its larges

Feb 14, 2025 (Gmt+09:00)

2 Min read

Commodities

Korea to punish copper scrap traders for illegal exports

BUSAN -- South Korea is set to punish copper scrap traders, mostly Chinese-operated, for illegal exports as nonferrous metal sector companies on the ...

Aug 20, 2024 (Gmt+09:00)

4 Min read

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Commodities

Korea struggles with surging copper scrap exports to China

South Korea’s nonferrous metal industry is scrambling for the procurement of copper scrap as China, the world’s top copper consumer, has ...

Mar 18, 2024 (Gmt+09:00)

5 Min read

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Commodities

Korean lab-grown diamond maker KDT to build plant in India

South Korea’s sole lab-grown diamond producer KDT Diamond Co. will build its first overseas production facility in India by early next year to ...

Sep 27, 2023 (Gmt+09:00)

2 Min read

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Commodities

POSCO, Bartlett to set up grain procurement joint venture

South Korea’s POSCO International Corp. plans to invest in Bartlett and Company’s soybean processing company within the year and set up a...

Sep 26, 2023 (Gmt+09:00)

2 Min read

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