Briefings
South Korea’s energy security at risk as Israel-Iran conflict raises oil risks
Inflation control and rate cuts under strain as South Korea prepares for volatility in energy and financial markets
October 28, 2024
IMF maintains Korea’s 2024 growth at 2.5%, cuts 2025 forecast to 2.2%
Per capita GDP expected to reach $36,132 this year, surpassing Asian competitors amid fiscal concerns
October 25, 2024
South Korea hikes electricity price for industrial giants amid financial crisis
Large firms face 10.2% rate increase while residential and commercial rates remain frozen
October 24, 2024
South Korea announces potential weapons provision for Ukraine
The move comes after ROK confirmed North Korea has deployed troops to aid Russia’s war in Ukraine
October 23, 2024
South Korea-Russia tensions escalate, but lethal weapons provision still unclear
Seoul lawmakers show rare bipartisan unity in condemning Russia, but diverge on follow-up measures
October 22, 2024
South Korea prepares for major capital inflows with global bond index entry
With FTSE WGBI entry set for 2025, finance minister’s overseas trip focuses on ensuring smooth investment influx
October 21, 2024
South Korea introduces tougher penalties to combat high-tech sector leaks
New initiative aims to prevent leaks, but past failures raise doubts about the effectiveness of tougher penalties
October 18, 2024
Hyundai Mobis expands EV manufacturing in Slovakia with $257 million investment
New facility aims to boost production of Power Electric systems as European automakers face shifting market conditions
October 17, 2024
South Korean trade sees volume growth despite export and import price declines
Lower prices fuel trade in the short term, but external risks, including China and oil prices, could reverse gains
October 16, 2024
Yoon Suk-yeol taps former chief of staff as ambassador to China
Kim Dae-ki faces economic challenges and balancing South Korea’s relations with China and the US
October 15, 2024
