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Business
How Samsung Electronics’ value slipped below that of Apple
Share prices for Samsung Electronics, the bellwether of the South Korean stock market, passed the 90,000-won mark back on Jan. 11, 2021.This was a leap of 53% from the 59,500-won closing price recorde
Tue, 07 Dec 2021 17:37:18 GMT
Omicron fears plunge KOSPI to lowest point in 2021
The benchmark Korea Composite Stock Price Index (KOSPI) fell to its lowest level of the year on Tuesday due to concerns over the new COVID-19 variant, Omicron.KOSPI plunged 2.42% (70.31 points) on Tue
Wed, 01 Dec 2021 17:31:06 GMT
BOK raises interest rate back to 1%, ending 20 months of near-zero rates
The era of near-zero percent interest rates, which were adopted in Korea in response to the COVID-19 pandemic, has come to an end after 20 months.The decision by the Bank of Korea (BOK) to raise the b
Fri, 26 Nov 2021 17:03:14 GMT
Hot on TSMC’s heels, Samsung Electronics picks Taylor, Texas, for new foundry location
Samsung Electronics has selected Taylor, Texas, as the site of its new semiconductor fabrication plant. Samsung will be pouring US$17 billion into the factory to help strengthen its foundry division,
Thu, 25 Nov 2021 17:22:02 GMT
US posts information submitted by SK Hynix on semiconductor supply chain
The US Commerce Department posted semiconductor supply chain figures provided by SK Hynix to a US federal government website on Monday.A look at the US federal government’s opinion solicitation site R
Thu, 11 Nov 2021 17:31:36 GMT
Hyundai Motor whistleblower awarded US$24 million by US road safety agency
A former employee of Hyundai Motor Company who reported defects in Hyundai and Kia vehicles has received an award of US$24 million from the US federal agency in charge of road safety.“NHTSA will give
Thu, 11 Nov 2021 17:19:51 GMT
S. Korean government secures enough urea for 3 months, averting crisis for now
China is permitting exports to proceed for 18,700 tons of urea headed to South Korean companies. Some of the industrial urea that had been tied up in China is already en route from the port of Qingdao
Thu, 11 Nov 2021 17:11:46 GMT
S. Korea in active talks with China to alleviate urea crisis
The South Korean government is pushing China to quickly approve exports of 18,000 tons of urea tied up by Beijing’s tightened customs controls. But the Korean government has yet to establish how much
Wed, 10 Nov 2021 16:13:58 GMT
“Trying to work miracles”: S. Korea scours the globe for enough urea to last until new year
The South Korean government is belatedly scrambling to find alternative supplies of urea water solution in a full-scale response to the substance’s current scarcity.Seoul has been making gradual progr
Tue, 09 Nov 2021 17:22:39 GMT
Chipmakers' partial compliance with US' data demands leaves possibility of follow-up requests
On the eve of the Nov. 8 deadline for providing the US Commerce Department with information it had requested about semiconductor supply chains, Taiwan Semiconductor Manufacturing Co. Ltd. (TSMC) and o
Tue, 09 Nov 2021 17:12:41 GMT
World’s largest free trade pact to come into force on New Year’s Day
The Regional Comprehensive Economic Partnership (RCEP) is set to officially go into effect on Jan. 1 as the world’s largest free trade agreement, with its 15 members including South Korea, China, Japa
Fri, 05 Nov 2021 16:59:53 GMT
S. Korea to start exporting domestically made light combat aircraft to Europe
Korea Aerospace Industries (KAI) will begin exporting the domestically produced FA-50 light combat aircraft to Europe.During a South Korea-Visegrad Group business forum in Budapest on Wednesday, KAI s
Thu, 04 Nov 2021 17:45:08 GMT
With deadline looming, S. Korean chipmakers will partially comply with US’ data demand
The deadline for submitting major internal data on semiconductor supply chains requested by the US government in September is now just four days away. Domestic chipmakers, which have voiced dismay ove
Thu, 04 Nov 2021 17:18:42 GMT
Short-term impact of China’s economic slowdown on S. Korean exports to be minimal
The short-term impact of the recent slowdown in China’s economic growth on South Korean exports will not be large, a Bank of Korea (BOK) analysis predicted.South Korea’s reliance on China as an export
Thu, 04 Nov 2021 17:15:50 GMT
S. Korea records US$55.55B in exports for October in 12th straight month of growth
South Korea’s export boom continued in October, with exports up 24.0% from the same month last year. This is the 12th consecutive month of increases in exports.The Korean Ministry of Trade, Industry a
Tue, 02 Nov 2021 17:03:25 GMT
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Editorial・opinion
[Column] A year and a half of Yoon’s foreign, security policies has added to Korea risk
[Column] Korea’s diaspora discrimination
[Column] Climate hypocrisy by rich nations
[Editorial] Korea’s Supreme Court once again rules Japanese firms must directly compensate forced labor victims
[Editorial] With right-hand man as interim PPP leader, Yoon to solidify grip on party
[Editorial] Pope’s OK’ing of blessings for same-sex couples should be wake-up call for Korea
[Column] China’s insistence on “bright prospects” is stifling its economy
[Column] Chun Doo-hwan and Roh Tae-woo, Yoon Suk-yeol and Han Dong-hoon
[Column] Yoon’s oblivious diplomacy ended in expo rout – will it also fail to respond to N. Korea’s nukes?
[Column] Yoon’s war on Korea’s free press earns him headlines in global news outlets
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