Business & Economy
North Korean troops in Russia bring new economic risks for South Korea
With North Korea backing Russia in Ukraine, Seoul faces sanctions pressure, energy challenges and financial uncertainty
October 21, 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’s electric bus market sees Chinese brands dominate sales
South Korea boosts hydrogen bus production and adjusts subsidy regulations to compete with cheaper Chinese models
October 18, 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
Trump’s potential return risks South Korea’s national security and economy
A second Trump presidency would leave Seoul facing defense and trade uncertainty and challenge Yoon’s alliance strategy
October 16, 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
Loopholes help South Korean firms continue exports to Russia despite sanctions
Sending goods via Chinese subsidiaries risks straining ties with US and NATO and exposes companies to investigation
October 14, 2024
South Korea’s cosmetics exports hit $7.4 billion but lag behind French giants
Despite growth in the U.S. and Japan, South Korea’s beauty industry faces stiff competition from global leaders
October 14, 2024
