South Korea will import 100 million eggs in August and September to help stabilize high prices amid a pick-up in consumer inflation.
The country imported 70 million eggs in June and brought in 144 million eggs between January and May to ease the bird-flu triggered supply shortage.
The price surge of eggs is continuing even as the country has not reported cases of bird flu since April.
Finance Minister Hong Nam-ki said the South Korean government will mobilize all policy means to boost the supply of agricultural products ahead of the Chuseok fall harvest holiday in September.


Australia Targets Meta, Google, and TikTok With New News Payment Tax Proposal
BOJ Rate Decision in Focus as Yen, Inflation, and Nikkei Hang in Balance
Brazil Pension Fund Crackdown After Banco Master Collapse Raises Investment Concerns
China’s Ultra-Cheap EV Boom: Why Electric Cars Cost Far Less Than in the U.S.
Trump Urges Iran to Call for Talks as War Stalemate Disrupts Oil Markets
Asian Stock Markets Rally as Japan and South Korea Hit Record Highs Amid Oil Price Concerns
Ukraine Faces Pressure to Introduce VAT on Low-Value Imports to Secure IMF Funding
Wall Street Futures Rise as Trump Discusses Iran’s Hormuz Strait Proposal and Tech Earnings Loom
Nomura Shares Drop After Profit Miss Despite Strong Revenue Growth
Advantest Stock Falls on Weak Outlook Despite Strong AI-Driven Results
DeepSeek V4 Launch Signals China’s Growing AI Independence with Huawei Chips
Global PCB Prices Surge Amid Middle East Conflict and Supply Chain Disruptions
U.S. Consumer Sentiment Hits Record Low as Iran Conflict Fuels Inflation Concerns
Toyota Global Vehicle Sales Decline in March Amid RAV4 Transition and Middle East Slowdown
Asian Stocks Mixed as BOJ Holds Rates, Oil Prices and Fed Outlook Weigh on Markets
Chip Stocks Rally on AI Optimism as Oil Price Surge Adds Market Tension 



