South Korea beauty industry surpasses $10 billion milestone riding the Hallyu wave South Korea's cosmetic exports topped $10 billion in 2024, driven by the global popularity of K-beauty. China, the US, and Japan were the top importers. Additionally, bio-health exports surged, with pharmaceuticals leading the growth. The government aims to boost further expansion through international cooperation. |
Global food prices fall as sugar costs drop, FAO reports For 2024 as a whole, the index recorded 122.0 points, 2.1% lower than the average value in 2023, offsetting significant decreases in quotations for cereals and sugar with smaller but insignificant increases in prices for vegetable oils, dairy, and meats |