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Chipmakers keep watchful eye on Ukraine crisis’s impact on supply chain South Korea’s semiconductor companies are on edge over the increasingly serious situation in Ukraine, where Russian President Vladimir Putin has decided to deploy troops.Their concerns stem from the f Wed, 23 Feb 2022 17:19:54 GMT
Housing prices have skyrocketed globally – what happens next? The S&amp;P CoreLogic Case-Shiller Home Price Index is considered one of the most representative indicators of trends in the prices of residential real estate in the US.On the last Tuesday of every mo Mon, 21 Feb 2022 17:43:19 GMT
Samsung tops global TV market for 16th straight year Samsung Electronics has retained the No. 1 spot in the global television market for the 16th year in a row, thanks to its premium QLED televisions.According to figures published Sunday by market resea Mon, 21 Feb 2022 17:29:57 GMT
FKI advocates for won’s inclusion in IMF special drawing rights reserve basket The Special Drawing Rights (SDR) of the International Monetary Fund consists of a basket of five currencies: the US dollar, the euro, the Japanese yen, the British pound sterling, and the Chinese renm Mon, 14 Feb 2022 17:05:39 GMT
Kia tops January car sales in UK, overtaking Audi, Volkswagen Kia ranked first in monthly sales in the UK for the first time in the 31 years since it entered the British market.The Society of Motor Manufacturers and Traders reported Wednesday that Kia had sold 1 Thu, 10 Feb 2022 17:22:56 GMT
S. Korea prevails in WTO dispute over US tariffs on washing machines The World Trade Organization (WTO) ruled in favor of South Korea regarding its dispute over tariffs the US placed on imports of large household washing machines made in Korea. The WTO circulated a pan Wed, 09 Feb 2022 17:24:11 GMT
Hyundai Motor dips toe back into Japanese market after 12 years Hyundai Motor is returning to the Japanese market after a 12-year absence.The automaker originally entered the market in 2001, only to eventually pull out in late 2009 after dismal sales. Now it has s Wed, 09 Feb 2022 17:19:22 GMT
Why Samsung and LG aren’t jumping into the electric vehicle market, for now After Japanese electronics company Sony announced last month that it was making the leap into the electric vehicle market, many people in Korea started to wonder: why don’t Samsung or LG make EVs? It’ Fri, 04 Feb 2022 16:46:39 GMT
Fewer loans, more savings: S. Korea’s aggressive investment climate shows signs of subsiding “It’s really dicey. Everyone’s been keeping their eyes peeled for signs.”This is how Jeong Sang-jin, director of the Gangnam Star PB team for KB Kookmin Bank’s Star advisory group, described the recen Fri, 04 Feb 2022 16:43:46 GMT
[News analysis] S. Korea reports 2 straight months of trade deficit; a first in 14 years After moving into the red for the first time in 20 months last December, South Korea’s trade balance reached a record deficit of US$4.89 billion during the first month of 2022.It’s the first time in t Thu, 03 Feb 2022 16:33:41 GMT
LG Electronics edges out Whirlpool for top household appliance-maker title LG Electronics recorded an all-time high of 74 trillion won in sales last year, surpassing US electronics giant Whirlpool to become the world’s top producer of home appliances. LG Electronics announce Fri, 28 Jan 2022 17:26:10 GMT
RCEP to go into force for S. Korea on Feb. 1; effectively first FTA with Japan Known as the Regional Comprehensive Economic Partnership, or RCEP, the world’s largest free trade pact will come into effect for Korea on Tuesday. This comes 60 days after the government deposited its Fri, 28 Jan 2022 17:18:21 GMT
Samsung Electronics beats out Intel to become top chip seller in 2021 Samsung Electronics overtook Intel to reclaim the No. 1 spot in global chip sales last year, with over 94 trillion won in sales in its semiconductor division.Samsung Electronics released consolidated Fri, 28 Jan 2022 17:04:27 GMT
First phase of digital currency test concluded successfully, Bank of Korea says The Bank of Korea has completed the first phase of a mock test of a central bank digital currency, or CBDC. For the test, the BOK is only converting physical currency to an electronic form while maint Tue, 25 Jan 2022 17:55:44 GMT
China’s “common prosperity” not enough to remedy inequality, Korea’s central bank finds Though the Chinese government began a push for “common prosperity” to remedy worsening economic inequality within its borders, closing the gap between the wealthy and the poor will not be easy, the Ba Mon, 24 Jan 2022 17:31:15 GMT

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