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Electric vehiclesKorea may file complaint with WTO against US' Inflation Reduction Act
The South Korean government is considering filing a complaint with the World Trade Organization (WTO) over the US' new Inflati...
Aug 22, 2022 (Gmt+09:00)
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Private equityGrowing sense of déjà vu of 2008 global financial crisis
Private equity firms have snapped up South Korean assets over the past two years, driving their valuations near historic highs i...
Aug 22, 2022 (Gmt+09:00)
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Foreign exchangeKorea’s mounting trade deficit knocks won to 13-year low
South Korea’s won has hit the weakest level since the 2008-09 global financial crisis on a mounting trade deficit while gr...
Aug 22, 2022 (Gmt+09:00)
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EconomyKorean chip exports to China rise thirteenfold in 21 years
China was South Korea’s top semiconductor buyer, purchasing 39.7% of overall Korean chip exports in 2021. The percentage...
Aug 22, 2022 (Gmt+09:00)
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Aerospace & DefenseS.Korean LIG Nex1 to develop jammers against drones from the North
South Korea’s major defense maker LIG Nex1 Co. plans to develop drone jammers that can force small unmanned aerial vehicle...
Aug 22, 2022 (Gmt+09:00)
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EntertainmentChina's high entry barriers for Korean films, dramas
“Oh! My Gran” was the only South Korean movie to hit the big screen in China in the past year. It was also the first...
Aug 22, 2022 (Gmt+09:00)
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BatteriesHyundai Motor, LG Energy secure $710 mn for battery JV in Indonesia
South Korea’s Hyundai Motor Group and battery maker LG Energy Solution Ltd. have secured $710 million from financial insti...
Aug 22, 2022 (Gmt+09:00)
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Electric vehiclesTesla sweeps local EV subsidies as Korean firms at disadvantage in US
Tesla Inc. and other US electric vehicle makers are enjoying strong sales in South Korea thanks to government subsidies while th...
Aug 22, 2022 (Gmt+09:00)
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Electric vehiclesGM Korea’s outlook gloomy without EV production
General Motors Co. is unlikely to produce electric vehicles in South Korea as it aims to maximize the benefit of the US governme...
Aug 22, 2022 (Gmt+09:00)