Business & Politics
Business & Politics
Biden exempts graphite from EV mineral sourcing rule in win for Korea
May 05, 2024 (Gmt+09:00)
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Business & Politics
Japan’s request for Naver to shed Line control ‘unprecedented': CEO
TOKYO – South Korea’s tech giant Naver Corp. said on Friday that Japan’s administrative guidance for Naver to sell down its control...
May 03, 2024 (Gmt+09:00)
2 Min read -
Business & Politics
Older Voters Are Taking Over in the World’s Wealthy Democracies
SEOUL—On the surface, South Korea’s legislative election this week looks much like past votes. Candidates are holding rallies and parties...
Apr 15, 2024 (Gmt+09:00)
6 Min read -
Business & Politics
Dubai Chamber of Commerce to open Seoul office
The Dubai Chamber of Commerce in the United Arab Emirates (UAE) will open an office in Seoul, South Korea by May this year, according to industry sou...
Mar 19, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
China exodus to elevate Korea to Asia hub: AmCham chief
South Korea has outstripped Hong Kong and Shanghai as a preferred Asia-Pacific headquarters destination for global companies, trailing only Singapore...
Mar 19, 2024 (Gmt+09:00)
3 Min read -
Business & Politics
Trump confidant Arkansas Gov. Sanders in Seoul for trade talks
Sarah Elizabeth Huckabee Sanders, Arkansas governor and long-time confidant of former US President Donald Trump, has shown firm support for her forme...
Mar 11, 2024 (Gmt+09:00)
2 Min read -
Business & Politics
South Korea establishes diplomatic ties with Cuba
South Korea has established diplomatic relations with Cuba, a close ally of North Korea, Seoul said on Wednesday. Cuba had long been the only country...
Feb 15, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
Govenment calls end to Korean financial group heads' long-serving posts
South Korean financial group chiefs will no longer enjoy automatic term extensions as the government is stepping up pressure on the groups to improve...
Jan 29, 2024 (Gmt+09:00)
3 Min read -
Business & Politics
Korean mining company to file around $747 mn claim against Panama
A state-run company in South Korea is set to seek an investor-state dispute settlement (ISDS) worth around 1 trillion won ($747.1 million) against th...
Jan 25, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
Former Hyundai Mobis CEO embarks on ISO president term
In a significant achievement for South Korea, Cho Sung-hwan, an advisor to Hyundai Mobis, has been elected as the first Korean president of the Inter...
Jan 15, 2024 (Gmt+09:00)
1 Min read -
Business & Politics
South Korea Boosts Security for Politicians as New Threats of Violence Emerge
SEOUL—South Korea beefed up security for prominent political figures as new threats of violence materialized against top officials, including t...
Jan 05, 2024 (Gmt+09:00)
2 Min read -
Business & Politics
South Korea set to abolish financial investment gains tax: Yoon
South Korea plans to abolish capital gains taxes on financial investments to revitalize the lackluster domestic financial market and help individual ...
Jan 02, 2024 (Gmt+09:00)
3 Min read -
Business & Politics
South Korea eyes new Arab boom via free trade deal with GCC nations
South Korea has struck a free trade agreement with the Gulf Cooperation Council (GCC), a group of six Arab nations, paving the way for Seoul to stren...
Dec 28, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
SK’s Chey proposes South Korea-Japan economic bloc akin to EU
WASHINGTON, D.C. – South Korea and its closest neighbor Japan need to form an economic coalition, similar to the European Union (EU), to meet t...
Dec 06, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
Korea, Chile launch 8th round of FTA upgrade negotiations
The eighth round of negotiations for modernizing the Korea-Chile Free Trade Agreement (FTA) will take place in Seoul from November 29 to December 1. ...
Nov 29, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korean gov't to support export of postnatal care centers
The South Korean government will support the overseas expansion of domestic postnatal care centers. South Korea's Ministry of Economy and Finance an...
Nov 27, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to pour $26 bn in UK’s renewables, infrastructure
South Korea’s sovereign wealth fund, banks and other private sector companies plan to pour £21 billion ($26.3 billion) in renewables, inf...
Nov 23, 2023 (Gmt+09:00)
2 Min read -
Business & Politics
BP, Corio to invest $1.1 billion in S. Korea as Seoul-London ties deepen
LONDON – British offshore wind power developer Corio Generation and energy giant BP Plc have agreed to invest a combined 1.5 trillion won ($1.1...
Nov 23, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
S.Korea-UK upgrade bilateral ties, sign deals on nuclear plants, chips
LONDON – South Korea and the UK have agreed to upgrade their bilateral relationship and closely cooperate in the defense, security and business...
Nov 22, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
Korea Inc.’s dividend repatriation soars on new tax breaks
Major companies in South Korea, such as affiliates of Samsung, LG and Hyundai Motor Group, are bringing larger amounts of capital back back home from...
Nov 19, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Kolon set to host Aramco Team Series golf event in Korea
South Korea’s Kolon Group said on Thursday it has signed a non-binding agreement with Golf Saudi, a unit of Saudi Golf Federation, to jointly h...
Nov 02, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to add India, Lithuania to list of nations eligible for E-9 visa
South Korea plans to allow non-professional workers from India and Lithuania to apply for the E-9 visa as the country struggles with a shrinking work...
Oct 31, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Russia Pushes Security Talks With North Korea, China
SEOUL—Russia said it supports holding regular security talks with North Korea and China to address the threat posed by the U.S. on the Korean P...
Oct 26, 2023 (Gmt+09:00)
4 Min read -
Business & Politics
South Korea attracts more African countries to food project
South Korea is increasing the number of African countries participating in its official development assistance (ODA) project to alleviate the chronic...
Oct 20, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Samsung, SK granted indefinite US waiver on chip gear supplies to China
Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, have been granted an indefinite waiver on semiconductor e...
Oct 10, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Lotte's chemical units look for talent from US universities
Lotte Group's two chemical units in South Korea searched for talent in US universities.Lotte Chemical Corp. and Lotte Fine Chemical Co. organized a ...
Sep 27, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
S.Korea to expand quota of foreign skilled workers to 35,000
The South Korean Ministry of Justice announced on Monday that it will expand the quota of foreign skilled workers from the current 2,000 to 35,000.Ev...
Sep 25, 2023 (Gmt+09:00)
1 Min read -
Business & Politics
Hyundai eyes Saudi EV plant as Korea bets on Middle East boom
Hyundai Motor Co. is set to build an electric vehicle assembly plant in Saudi Arabia as South Korean companies are increasingly tapping growth opport...
Sep 18, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
S.Korea to extend $6 bn in financing for African projects
BUSAN – South Korea will offer $6 billion in cheap loans and funds to domestic companies between 2024 and 2025 to finance their construction an...
Sep 13, 2023 (Gmt+09:00)
3 Min read -
Business & Politics
Hyundai promotes Busan’s bid for 2030 World Expo in India with IONIQ 5
Hyundai Motor Co. supported Busan’s bid to host the 2030 World Expo with IONIQ 5 covered with graffiti reading “Busan is Ready” in ...
Sep 11, 2023 (Gmt+09:00)
1 Min read
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