The South Korean government is likely to slightly lower its 2023 growth outlook from the current 1.6 percent, the finance minister said Thursday, amid weak exports and a slower economic recovery. Finance Minister Choo Kyung-ho said the government plans to come up with a revised growth
U.S., South Korea seek to deepen ties as alliance marks 70 years
As the United States and South Korea celebrate their alliance’s 70th anniversary this year, they approach a pivotal juncture in their relationship.
Finance minister predicts trade surplus in Q4 on chip rebound, China reopening
Finance Minister Choo Kyung-ho on Thursday predicted South Korea’s trade balance is highly likely to turn surplus as early as in the fourth quarter, citing a rebound in chip prices and China’s …
Finance minister predicts trade surplus in Q4 on chip rebound, China reopening
Finance Minister Choo Kyung-ho on Thursday predicted South Korea’s trade balance is highly likely to turn surplus as early as in the fourth quarter, citing a rebound in chip prices and China’s …
U.S.-China chip war could hurt South Korea’s tech giants — but not for long, Fitch says
South Korea’s memory chip makers Samsung Electronics and SK hynix face risks from U.S.-China tensions but the impact is likely to be small, says Fitch Ratings.
South Korean firm to launch $18M electric vehicle heater plant in Georgia
Woory Industrial Co., a South Korean company based in Yongin, has announced plans to open an $18 million manufacturing plant in Dublin, Georgia, in November.
South Korean Company to Invest $18 Million in Georgia Plant to Make Heaters for Electric Vehicles
DUBLIN, Ga. (AP) — A South Korean company will open an $18 million plant in Georgia to build heaters for electric vehicles. Woory Industrial Co., based in Yongin, South Korea, said Wednesday that it …
Photos show US Air Force’s epic ‘Mammoth Walk’ with F-16 fighters, A-10 attack planes and U-2 spy planes in South Korea
Osan and Kunsan air bases joined forces for the airpower display, lining up F-16s, A-10s, U-2s and C-12s belonging to squadrons in South Korea.
Vietnam cautious over trade deficit rise with South Korea
A rise in South Korean investment into Vietnam resulting in an expansion in imports from the former is creating a trade deficit for the latter.
‘The Little Mermaid’ tanks in China and South Korea amid racist backlash from some viewers
The Little Mermaid” has bombed with moviegoers in China and South Korea amid racist critiques in some quarters over the casting of Black actress Halle Bailey as main character Ariel.