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Japan says it’s not pressuring Naver to sell Line, but Korean insiders say otherwise
In response to a data leak that exposed Japanese users of the messenger app Line, the Japanese government has been effectively pressuring Korea’s Nave...
OECD upgrades Korea’s growth forecast from 2.2% to 2.6%
The Organisation for Economic Cooperation and Development (OECD) has revised its forecast for South Korea’s economic growth in 2024 to 2.6%, an increa...
Korean firms cut costs, work overtime amid global economic uncertainties
An increasing number of Korean companies have been taking proactive measures to increase working hours, cut costs and restructure. There’s a growing s...
Two factors that’ll decide if Korea’s economy keeps on its upward trend
The announcement that South Korea’s GDP grew by 1.3% in the first quarter has sparked debate concerning whether this expectation-exceeding trend towar...
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...
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[Column] Life on our Trisolaris
[Editorial] Penalties for airing allegations against Korea’s first lady endanger free press
[Editorial] Yoon must halt procurement of SM-3 interceptor missiles
[Guest essay] Maybe Korea’s rapid population decline is an opportunity, not a crisis
[Column] Can Yoon steer diplomacy with Russia, China back on track?
[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?
Most viewed articles
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New sex-ed guidelines forbid teaching about homosexuality
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60% of young Koreans see no need to have kids after marriage
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OECD upgrades Korea’s growth forecast from 2.2% to 2.6%
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[Column] Life on our Trisolaris
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[Guest essay] Maybe Korea’s rapid population decline is an opportunity, not a crisis
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Presidential office warns of veto in response to opposition passing special counsel probe act
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S. Korea discusses participation in defense development with AUKUS alliance
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Two lung cancer deaths at Samsung Electronics deemed occupational in nature
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Trump asks why US would defend Korea, hints at hiking Seoul’s defense cost burden
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Inside the law for a special counsel probe over a Korean Marine’s death
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