President Lee Jae Myung issued a warning to some businesses in Busan that have sharply raised their prices ahead of BTS's concerts there, insisting that using such a shortsighted practice may tarnish the image and eventually the economy of the city.

BTS members have publicly criticized alleged price gouging by Busan accommodations, issuing a direct warning to business owners who are hiking room...

President Lee Jae Myung on Wednesday warned against some businesses in Busan that have sharply raised their prices ahead of upcoming concerts there...