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Korea’s 1.3% growth in Q1 signals ‘textbook’ return to growth, says government
Preliminary data released by the Bank of Korea on Thursday indicates that the country’s real economic growth in the first quarter was 1.3%, which was ...
New AI-based translation tools make their way into everyday life in Korea
Lotte Department Store and Lotte World, common attractions for foreign tourists visiting Korea, have begun implementing AI interpretation services.On ...
Value of Korean won down 7.3% in 2024, a steeper plunge than during 2008 crisis
The exchange rate between the Korean won and the US dollar has risen 7.3% this year alone, exceeding the rate of increase seen during the 2007-2008 fi...
All eyes on Xiaomi after it pulls off EV that Apple couldn’t
Xiaomi revealed its first electric car, the SU7, on March 28. At the car’s launch ceremony, Xiaomi CEO Lei Jun boasted that the vehicle’s performance ...
US overtakes China as Korea’s top export market, prompting trade sanction jitters
The US has surpassed China as South Korea’s largest export market. Amid this shift, some have speculated that South Korea will someday become a target...
Korea, Japan jointly vow response to FX volatility as currencies tumble
The finance ministers of Korea and Japan said the two countries may take appropriate action to respond to intense volatility in the forex market.Korea...
Samsung may have won billions in US chip subsidies, but the real challenge lies ahead
Markets are responding tepidly to Samsung Electronics’ success in nabbing subsidies worth US$6.4 billion from the US.Some are voicing worries over whe...
Strong dollar isn’t all that’s pushing won exchange rate into to 1,400 range
South Korea’s financial market is roiling from the effects of the crisis in the Middle East and the strong US dollar.With the won-to-dollar exchange r...
How Samsung’s promises of cutting-edge tech won US semiconductor grants on par with TSMC
A veritable gift basket offered by Samsung Electronics to the US is seen as one of the factors behind the company’s ability to score large-scale subsi...
US grants Samsung up to $6.4B in subsidies for its chip investments there
Samsung Electronics was confirmed to be eligible for a maximum of US$6.4 billion in semiconductor subsidies from the US government on Monday.The scale...
Exchange rate, oil prices, inflation: Can Korea overcome an economic triple whammy?
The price of Dubai crude oil is set to top US$100 per barrel, while Korea’s exchange rate is closing in on 1,400 won to the US dollar.The situation is...
Korea’s Naver teams up with Intel to challenge Nvidia’s AI monopoly
Now that Intel and Naver have made their collaboration on artificial intelligence official, all eyes are on whether their alliance will prove fruitful...
Why Korea is wary of celebrating its record trade surplus with the US
Despite growing to its highest point in history, South Korea’s trade surplus with the US has proven to be somewhat of a headache for Seoul. Concerns a...
Quake in Taiwan could shake up world’s semiconductor supply chains
As attention focuses on the potential impact of a recent 7.2-magnitude earthquake on Taiwan’s semiconductor industry, market research organizations an...
Is a 1,300-plus won-to-dollar exchange rate Korea’s new normal?
The won-dollar exchange rate has just hit another yearly high. Needless to say, the depreciation of the won is no cause for celebration.The unexpected...
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Editorial・opinion
[Column] Season 2 of special prosecutor probe may be coming to Korea soon
[Column] Park Geun-hye déjà vu in Yoon Suk-yeol
[Editorial] New weight of N. Korea’s nuclear threats makes dialogue all the more urgent
[Guest essay] The real reason Korea’s new right wants to dub Rhee a founding father
[Column] ‘Choson’: Is it time we start referring to N. Korea in its own terms?
[Editorial] Japan’s rewriting of history with Korea has gone too far
[Column] The president’s questionable capacity for dialogue
[Column] Are chaebol firms just pizza pies for families to divvy up as they please?
[Column] Has Korea, too, crossed the Rubicon on China?
[Correspondent’s column] In Japan’s alliance with US, echoes of its past alliances with UK
Most viewed articles
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‘We must say no’: Seoul defense chief on Korean, USFK involvement in hypothetical Taiwan crisis
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Is Japan about to snatch control of Line messenger from Korea’s Naver?
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[Editorial] Korea’s surprise Q1 growth requires objective assessment, not blind fanfare
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Division commander ordered troops to enter raging flood waters before Marine died, survivor says
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[Reportage] On US campuses, student risk arrest as they call for divestment from Israel
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Korea’s 1.3% growth in Q1 signals ‘textbook’ return to growth, says government
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No good, very bad game for Korea puts it out of Olympics for first time since 1988
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Flying “new right” flag, Korea’s Yoon Suk-yeol charges toward ideological rule
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N. Korean delegation’s trip to Iran shows how Pyongyang is leveraging ties with Moscow
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[Special report- Part III] Curses, verbal abuse, and impossible quotas
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