Recent actions by the Japanese government and chief executives of LY Corp. and SoftBank Corp. are raising eyebrows, leading many to question whether Japan is truly a market economy.As the government gets involved in demanding South Korea’s Naver Corp. reduce its capital con

South Korean steel giant POSCO Holdings Inc. and banking conglomerate Shinhan Financial Group have invested a combined US$20 million in Australian green hydrogen technology startup Hysata.Shinhan Securities Co. said on Friday the two Korean companies participated in Hysata’

South Korea’s soju and bibimbap are respectively the most popular liquor and food among foreigners, according to the government-backed Korean Food Promotion Institute’s survey released on Friday.   In a survey conducted last year for 9,000 people in overseas

CJ Olive Young Corp., South Korea’s largest beauty store chain, will set up a subsidiary in Japan in the first half of this year to expedite its foray into the neighboring country.Japan is its strategically important overseas market alongside the US. It will supply its private brand products to local distributors in Japan, the company said on Thursday.It has not yet decided whether to open its directly-managed offline store in the country.T