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Korean tech stocks hit 52-week lows after U.S. big tech shares dive

Korean tech stocks hit new 52-week lows following sharp falls of U.S. tech shares overnight. Samsung Electronics traded at 51,800 won ($36) at 9:55 a.m., a...
KOREA

PCR tests no longer required after arrival to Korea starting Saturday

    The PCR tests mandatory upon arrival in Korea are no longer required for travelers into the country starting this Saturday, the country’s health authorities...
BUSINESS

Global streaming wars put Korean competitors in a tough spot

Disney+ holds a media day ahead of its introduction to Korea in October 2021. Global streaming services are slashing their subscription fees...
KOREA

U.S. is well aware of Korea’s concerns about IRA, says Harris

Korean President Yoon Suk-yeol, right, and U.S. Vice President Kamala Harris shake hands before talks at the Yongsan presidential office in central Seoul...
KOREA

Korea wants 12 percent global EV market share by 2030

Minister of Trade, Industry and Energy Lee Chang-yang during a meeting with the Korean automotive industry on Wednesday Korea's global EV market...
BUSINESS

Time to play hardball with U.S. on chips and cars, Yang says

Korea failed to negotiate effectively with the United States on chips and cars, and the country's diplomats and legislators are to blame, one lawmaker...
KOREA

Pyongyang fires two missiles as joint drills take place

North Korea fired two short-range missiles into the East Sea Wednesday evening. North Korea fired two short-range missiles into the East Sea...
KOREA

Leaders of Korea, U.S. reaffirm commitment to resolve EV tax credit issue: ambassador

Ambassador Cho Tae-yong during an interview at the Korean embassy in Washington D.C. on September 15. Korean President Yoon Suk-yeol and U.S....
KOREA

First joint Korea-U.S. naval exercise in five years begins

Onlookers in Busan take photographs of the aircraft carrier USS Ronald Reagan as it departs for joint exercises with the South Korean Navy...
BUSINESS

[NEWS ANALYSIS] Korean solar focuses on U.S. market as it feels heat at home

Solar panels installed in Sinan County, South Jeolla Solar energy companies will likely enjoy significant tax benefits and increased demand for solar...
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