Business & Economy
South Korea’s opposition triumphs in general elections, dealing blow to Yoon
Democratic Party and allies set to challenge President Yoon Suk-yeol’s agenda, but fall short of veto-proof majority
April 11, 2024
Yoon’s chip cluster plan raises feasibility concerns, overlooks challenges
President Yoon Suk-yeol’s ambitious plan lacks funding details as rivals aggressively subsidize chip production
April 10, 2024
Sanctions strain South Korea-Russia ties as Seoul weighs military aid to Ukraine
ROK faces mounting pressure realize ‘global pivotal state’ ambitions, but helping Kyiv could come at great cost
April 8, 2024
US-China trade war pushes South Korean companies to invest in Africa
Inconsistent policies and lack of infrastructure pose hurdles for firms seeking to diversify supply chains in Africa
April 8, 2024
South Korea-Japan-China summit faces uphill battle amid regional tensions
The three East Asian nations may aim to boost cooperation, but deep-rooted mistrust will likely hinder progress
April 5, 2024
South Korea’s tech ambitions at risk from government’s R&D budget whiplash
Inconsistent policies, poor communication erode trust and threaten Korea’s position in global chip market
April 4, 2024
US reportedly presses South Korea to tighten chip export controls on China
From waivers to pressure, Washington’s stance change complicates South Korea’s geopolitical stance
April 4, 2024
Trump’s 2024 bid could reshape global defense industry, impact South Korea
South Korean defense firms could benefit from increased allied spending, but face competition and U.S. market risks
April 3, 2024
South Korea’s investment hub dreams face domestic regulatory hurdles
AMCHAM meeting with finance minister underscores challenges in creating welcoming environment for foreign investors
April 3, 2024
South Korean firms face challenges as global disclosure rules tighten
Stricter disclosure requirements in the EU and US force South Korean firms to adapt quickly or risk losing ground
April 1, 2024
