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The Generational Divide in Australia and South Korea's Housing Markets

The Generational Divide in Australia and South Korea's Housing Markets

Owning a home has long symbolized stability, security, and success in societies across the world. Yet, for millions today, this dream has grown increasingly elusive. In Australia and South Korea, two nations separated by oceans but connected by the shared ideal of homeownership, the housing crisis has reached critical levels.

Busan's Landmark Tower to Transform North Port into a Global Hub

Busan's Landmark Tower to Transform North Port into a Global Hub

Busan, South Korea - Busan is set to redefine its skyline and urban identity with the announcement of a groundbreaking development project. The city revealed plans for the "Busan Landmark Tower," a towering mixed-use complex in the North Port redevelopment area, a move that positions the city as

From Clothing to Transport: Where Koreans Cut Back Most

From Clothing to Transport: Where Koreans Cut Back Most

South Korea's economy is sending troubling signals as middle-aged households, a vital backbone of the nation's economic activity, face unprecedented financial strain. The third quarter of 2024 saw a historic decline in business income for households led by those in their 40s, a demographic traditionally considered

Busan Strengthens Economic Strategies Ahead of Trump’s Second Term

Busan Strengthens Economic Strategies Ahead of Trump’s Second Term

Busan, South Korea - With Donald Trump set to return to the White House for a second term, the global economic landscape faces renewed uncertainty. In response, Busan, South Korea’s second-largest city and a vital hub of trade and industry, is taking proactive measures to shield its economy from

Chips, Challenges, and Choices: South Korea’s Fight for Semiconductor Dominance

Chips, Challenges, and Choices: South Korea’s Fight for Semiconductor Dominance

South Korea’s semiconductor industry, once heralded as the crown jewel of its economy, now faces a crossroads. The chips that power everything from smartphones to advanced AI systems have become more than a symbol of technological prowess—they are now the frontline of a global geopolitical showdown. As countries

Air Busan’s Future in Question After Korean Air-Asiana Merger

Air Busan’s Future in Question After Korean Air-Asiana Merger

Busan, South Korea - The recent final approval of the Korean Air-Asiana Airlines merger by the European Commission (EC) marks a pivotal moment for the South Korean aviation industry. However, the merger has sparked significant regional concerns, particularly in Busan, where local stakeholders fear the potential loss of a regional

BTS's Jimin Donates ₩30 Million to Improve Elderly Housing in Busan

BTS's Jimin Donates ₩30 Million to Improve Elderly Housing in Busan

Busan, South Korea — Global superstar and BTS member Jimin has donated ₩30 million to support the "Busan Habitat Challenge," an initiative aimed at improving housing conditions for elderly residents in need. The donation ceremony was held on November 29 at Busan City Hall, with Jimin’s father attending