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Business & Economy

South Korea set to lose big if US and Iran can’t agree on new nuclear deal
Analysis

South Korea set to lose big if US and Iran can’t agree on new nuclear deal

Seoul agreed to expand economic relations with Tehran but was thwarted by Trump’s withdrawal from previous agreement

South Korea set to lose big if US and Iran can’t agree on new nuclear deal
James FretwellJames Fretwell September 8, 2022
Seoul mayor’s redevelopment plans risk gutting the city’s cultural heritage
Analysis

Seoul mayor’s redevelopment plans risk gutting the city’s cultural heritage

Oh Se-hoon seeks to reign in housing prices and foster business growth but faces local opposition to renovation efforts

Seoul mayor’s redevelopment plans risk gutting the city’s cultural heritage
Jack GreenbergJack Greenberg September 7, 2022
How the war in Ukraine complicates South Korea’s nuclear export plans
Analysis

How the war in Ukraine complicates South Korea’s nuclear export plans

Seoul scored major victory with successful bid to build Egyptian nuclear plant but now must work with Russian firm

How the war in Ukraine complicates South Korea’s nuclear export plans
John LeeJohn Lee September 6, 2022
South Korea’s defense industry looks to Europe with major Polish arms deal
Analysis

South Korea’s defense industry looks to Europe with major Polish arms deal

Defense ties in region will require greater ROK interest in security situation and decisive approach to Russia

South Korea’s defense industry looks to Europe with major Polish arms deal
Oskar PietrewiczOskar Pietrewicz September 1, 2022
Friends without benefits: How a new US law penalizes South Korean carmakers
Analysis

Friends without benefits: How a new US law penalizes South Korean carmakers

Inflation Reduction Act casts doubt over Washington’s commitment to multilateralism and economic security of its allies

Friends without benefits: How a new US law penalizes South Korean carmakers
Sooyoung OhSooyoung Oh August 30, 2022
What a Trump comeback would mean for South Korea’s reset with the US
Analysis

What a Trump comeback would mean for South Korea’s reset with the US

Reelection of former president hostile toward Seoul could throw allies’ ties into chaos, experts say

What a Trump comeback would mean for South Korea’s reset with the US
Chad O'CarrollChad O'Carroll August 29, 2022
Shared worldviews drive growing defense ties between South Korea and Australia
Analysis

Shared worldviews drive growing defense ties between South Korea and Australia

Weapons deals support ROK’s domestic R&D and boost supply chain resiliency with democratic partner in region

Shared worldviews drive growing defense ties between South Korea and Australia
John LeeJohn Lee August 25, 2022
Seoul avoids diplomatic disaster in forced labor dispute with Japan — for now
Analysis

Seoul avoids diplomatic disaster in forced labor dispute with Japan — for now

Supreme Court could still order Japanese firm to pay reparations, a move that would incite cycle of mutual retaliation

Seoul avoids diplomatic disaster in forced labor dispute with Japan — for now
Justin YeoJustin Yeo August 23, 2022
Why South Korea’s powerful economy is still considered a developing market
Analysis

Why South Korea’s powerful economy is still considered a developing market

Status contributes to undervalued stocks, but Seoul has shown little interest in required reforms

Why South Korea’s powerful economy is still considered a developing market
Peter WardPeter Ward August 22, 2022
Seoul wants to ban subterranean housing, but residents have few other options
Analysis

Seoul wants to ban subterranean housing, but residents have few other options

Prohibiting semi-basement ‘banjiha’ apartments without offering affordable alternatives hurts city’s most vulnerable

Seoul wants to ban subterranean housing, but residents have few other options
Jack GreenbergJack Greenberg August 19, 2022