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What consequences will joining Biden’s IPEF have for S. Korea? Leading up to the South Korea-US summit, Seoul has announced that it will join the Indo-Pacific Economic Framework (IPEF), becoming one of the founding members of this new US-led cooperative body. Alo Thu, 19 May 2022 16:33:33 GMT
S. Korean business world worries about what to gift Biden during summit The South Korean business world is feeling increasingly concerned ahead of a South Korea-US summit scheduled for this weekend. With major corporations having already announced plans for large-scale in Tue, 17 May 2022 17:30:51 GMT
What can S. Korean authorities do about the Luna crash? Shockingly little The so-called Luna crash is claiming more and more victims as the South Korean cryptocurrencies Luna and TerraUSD have plunged by over 99% in value.While major South Korean cryptocurrency exchanges ha Mon, 16 May 2022 17:29:19 GMT
Won continues to weaken against dollar, breaking 1,280 exchange rate Financial markets have been hit hard by the announcement of the US consumer price index (CPI). The won-dollar exchange rate broke the 1,280 range for the first time in over two years while the local s Fri, 13 May 2022 17:07:05 GMT
Is it time to reevaluate the stable standard of S. Korean won? Some experts say yes The South Korean won finished trading at 1,265.1 to the US dollar on the Seoul foreign exchange market Monday, a rise of 9.20 from the closing price on the previous trading day.With the exchange rate Tue, 03 May 2022 17:45:27 GMT
S. Korea faces heightened risk of stagflation in late 2022, report warns The South Korean economy faces an increased risk of stagflation during the second half of the year as it faces simultaneous rises in prices, interest rates, and the exchange rate, analysts are predict Mon, 02 May 2022 17:19:27 GMT
Global semiconductor supply chain to see major reshuffle around 2025, S. Korean report suggests The global semiconductor supply chain will undergo reshuffling and see intensifying market competition around 2025, according to an analysis based on the investment plans of major semiconductor compan Mon, 02 May 2022 17:10:41 GMT
S. Korea’s terms of trade hit worst point in nearly a decade Despite strong exports, South Korea’s imports have increased significantly due to a surge in energy prices, making the terms of trade the worst in more than nine years. With the won depreciating signi Fri, 29 Apr 2022 17:29:13 GMT
“Concerns are overblown”: Samsung Electronics refutes fears surrounding foundry business “We think the recent market concerns are overblown.”Samsung Electronics is actively refuting rumors suggesting the company is running into trouble when it comes to production yields in its foundry div Fri, 29 Apr 2022 17:16:35 GMT
Recession fears bring Korean won to weakest point in 2 years South Korea’s financial market faltered yet again amid resurgent concerns of an economic recession. With the US poised to implement intensive austerity measures and the negative effects of the war in Thu, 28 Apr 2022 17:43:30 GMT
SK outperforms Hyundai Motor to become S. Korea’s 2nd-largest conglomerate SK Group has replaced Hyundai Motor Group as the second-largest business conglomerate in South Korea. SK affiliates grew at a remarkable pace last year while growth for Hyundai Motor Group stalled, le Thu, 28 Apr 2022 17:30:39 GMT
Hyundai’s Ioniq 5 and Kia’s EV6 outdo Tesla, Ford models in German design test The Hyundai Motor Group announced in a press release Sunday that Hyundai Motor’s Ioniq 5 and Kia Motor’s EV6 had ranked first and second respectively in a comparative test by a German automotive magaz Mon, 25 Apr 2022 17:15:45 GMT
Russian customs authority fines Korean Air 120B won Korean Air has been fined a penalty of over 100 billion won by Russia’s customs authority. The airline announced that it will be filing an administrative litigation challenging the fine.According to w Fri, 22 Apr 2022 18:13:30 GMT
S. Korea poised to post negative trade balance in April amid fears of protracted deficit Soaring oil prices have put a damper on South Korea’s trade balance.According to Korea Customs Service figures shared on Thursday, the balance of trade — the value of exports minus the value of import Fri, 22 Apr 2022 17:58:45 GMT
Why Samsung Electronics’ share prices are performing weakly despite a decent Q1 Worries have been growing among Samsung Electronics’ 5.6 million shareholders (as of late 2021) as the company’s stock prices continue to perform weakly despite better-than-expected figures for the fi Tue, 19 Apr 2022 17:50:52 GMT

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