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Business
Hyundai’s fully electric Ioniq 5 wins big at World Car Awards
Hyundai Motor’s fully electric Ioniq 5 took home the title of World Car of the Year at the 2022 World Car Awards on Wednesday. The Hyundai Motor Group said the Ioniq 5 had been named World Car of the
Fri, 15 Apr 2022 17:15:31 GMT
Exchange, interest rates soar in S. Korea amid US consumer price fears
Exchange rates and interest rates are soaring once again amid fears over prices.On the Seoul foreign exchange market, the won-to-US dollar exchange rate jumped by 8 won Tuesday to finish the day at 1,
Tue, 12 Apr 2022 17:24:57 GMT
Shadow banking in S. Korean real estate market poses risk amid tightening purse strings
Analysts say that the scale of the domestic real estate market’s “shadow banking” activities has soared nearly 90 percent in three years to exceed 200 trillion won. As tightening the purse strings has
Tue, 12 Apr 2022 17:11:27 GMT
Samsung Electronics sees record Q1 operating profits amid larger uncertainties
Samsung Electronics announced Thursday that it recorded 77 trillion won in sales and 14.1 trillion won in operating profit in the first quarter of this year in the company’s earnings guidance.Despite
Fri, 08 Apr 2022 16:31:48 GMT
Does Ukraine war mark shift from globalization to regional economic blocs? One expert says yes
“There are two wars going on simultaneously. This is an inflection point, where the political and economic situation in the global village is shifting.”In a videoconference seminar Tuesday, the Korea
Wed, 23 Mar 2022 16:40:16 GMT
LG Display reclaims largest share of global TV display market
LG Display reclaimed the largest share of the global TV display market thanks to a boost in sales of its OLED panels.According to figures shared Monday by the market research firm Omdia, LG Display re
Tue, 22 Mar 2022 17:49:36 GMT
Chinese smartphone sales double in Russia amid global tech boycotts
Sales of Chinese smartphones have doubled in Russia following the country’s invasion of Ukraine.According to the Russian newspaper Kommersant on Sunday, the sales of Chinese smartphones from companies
Mon, 21 Mar 2022 16:41:29 GMT
Why Elon Musk won’t be challenging Xi Jinping to a duel anytime soon
Tesla co-founder Elon Musk challenged Vladimir Putin to “single combat,” stirring another controversy with his typical inflammatory remarks and goading the latter for initiating the war in Ukraine — t
Fri, 18 Mar 2022 17:03:46 GMT
S. Korea drops to No. 2 spot in Chinese import market due to Taiwanese semiconductors
According to recently published statistics, South Korea’s share in China’s import market was 8.0% as of 2021, ranking second only after Taiwan (9.4%). Korea ranked first in market share from 2013 to 2
Wed, 16 Mar 2022 16:25:00 GMT
S. Korean economy grew 4% in 2021, per capita GNI reached US$35,168
The South Korean economy grew by an annual rate of 4% last year, with a per capita gross national income (GNI) of US$35,168.On Thursday, the Bank of Korea published provisional figures on national inc
Thu, 03 Mar 2022 16:59:59 GMT
Kia EV6 wins European Car of the Year, a first for a Korean brand
Kia's EV6 was selected as the first Korean car brand to be named European Car of the Year.Kia announced Tuesday that its fully electric EV6 sedan had been named the 2022 European Car of the Year in an
Wed, 02 Mar 2022 17:28:39 GMT
Record exports in February put S. Korean trade balance back into the black
After dipping into the red for two straight months in December and January, South Korea’s trade balance returned to a surplus in February.This was thanks to record-high exports that came despite the c
Wed, 02 Mar 2022 17:16:12 GMT
S. Korean chipmakers, automakers brace for effects of protracted crisis in Ukraine
South Korean exporters are on edge as the US moves to impose export restrictions on Russia following its invasion of Ukraine. Because Russia doesn’t account for a large share of Korea’s exports, these
Tue, 01 Mar 2022 09:59:56 GMT
Geopolitical instability feeds S. Korea’s growing arms industry, leaving bitter taste for some
Hanwha Defense announced on Wednesday that it had confirmed the site in Australia where it will build a large plant capable of manufacturing self-propelled howitzers and armored vehicles. The announce
Mon, 28 Feb 2022 17:28:43 GMT
Stock markets plunge and oil prices soar on Russia’s invasion of Ukraine
Stock markets around the world have been taking a big hit after Russia began its assault on Ukraine. For the first time in eight years, oil prices rose above US$100 per barrel. Concerns are mounting t
Fri, 25 Feb 2022 17:24:04 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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Korea’s top constitutional expert predicts Yoon will be dismissed from office
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[Column] Giving Yoon the benefit of the doubt
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Korea’s steel industry could buckle under Trump’s tariff war
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Human rights watchdog draws criticism for recommending guarantees for Yoon’s right to defense
5
‘Deeply mortified’: Moon apologizes to Koreans for enabling Yoon’s rise
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[Editorial] Choi’s ulterior motives for Seoul police chief appointment
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[Interview] South Korea’s Moon Jae-in has his regrets
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[Column] Trump may have won, but Yoon will lose
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[Editorial] Yoon’s prison politicking sounds a lot like a call to defy court
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How China used Korean pop culture for ‘cultural security,’ both before and after banning it