By Kyu-seok Shim SEOUL, Oct 7 (Reuters) – South Korea’s government on Wednesday unveiled a 1,000 trillion won ($747 billion) energy transition and decarbonisation strategy through 2035, aiming to …
AMRO raises South Korea’s growth forecast to 3.3%
The ASEAN+3 Macroeconomic Research Office (AMRO) raised its economic growth forecast for South Korea this year by 0.2 percentage points from its previous projection (July) to 3.3%.According to the …
South Korea blames North Korean mines for border blast injuries and demands apology
South Korea’s military says it has concluded North Korea planted mines that injured three South Korean soldiers at their heavily fortified border last month, urging the North to apologize and remove …
Japan remains 12th in global innovation ranking, trails South Korea, China
Japan remained in 12th place in an annual innovation report by the World Intellectual Property Organization this year, trailing Sout …
South Korea: Water to open 23 fast-charging sites with 400 kW chargers
Water, the EV charging brand of South Korean renewable energy company Brite Energy Partners, has announced plans to open 23 new fast-charging sites along …
Trump says US deal with South Korea has $8.4 billion for oil recovery
WASHINGTON, Oct 2 (Reuters) – President Donald Trump said on Friday that a US trade deal with South Korea includes $8.4 billion for a project to pump gases into an aging oilfield to push out remaining crude.
Follow U-T business reporter in S. Korea: A view into North Korea
Business reporter Phillip Molnar will be in South Korea for most of September through a fellowship with the East-West Center. The Honolulu-based organization selects six U.S. journalists and six South …
South Korea inflation eases to 2.9% in September
By IntelliNews – Seoul Bureau South Korea’s consumer prices rose 2.9% year on year in September, down from 3.1% in August, as cheaper farm produce partly offset high energy costs, Yonhap reported on …
Trump shrugs off South Korea’s uncertainty on $54B Alaska energy investment
President Trump brushed off questions Friday over whether he jumped the gun in announcing that South Korea would fund a natural gas pipeline in Alaska, which South Korean officials have said is still
North Korea rejects South’s accusation over DMZ mine blast, KCNA says
SEOUL, Oct 2 (Reuters) – North Korea on Friday rejected as “groundless” Seoul’s accusation that North Korean mines seriously wounded South Korean soldiers in the Demilitarised Zone and dismissed Seoul’s demand for an apology,