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Tag: South Korea

Posted on March 16, 2023

A sharp turnaround for South Korea’s housing market

After a surge in house prices in recent years, South Korea’s housing market is now slowing rapidly, amidst the recent introduction of stricter lending criteria and interest rate hikes. House prices …

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Posted on March 16, 2023

North Korea launches ICBM ahead of South Korea-Japan summit

North Korea fired a suspected intercontinental ballistic missile (ICBM) into the sea between the Korean peninsula and Japan on Thursday, hours before South Korea’s president was due to fly to Tokyo …
Posted on March 16, 2023

Firms Have Role in Healing Japan-South Korea Ties, US Ambassador Emanuel Says

Business groups have a part to play in firming up a deal meant to end a historical dispute between South Korea and Japan, US Ambassador to Japan Rahm Emanuel said in an interview.Most Read from …
Posted on March 16, 2023

Samsung to spend $228 billion on the world’s largest chip facility as part of South Korea tech plan

Samsung Electronics said Wednesday it plans to invest 300 trillion Korean won ($228 billion) in a new semiconductor complex in South Korea.
Posted on March 16, 2023

South Korea’s trade minister says Japan agreed to lift export control on South Korea, which agreed to drop WTO complaint

Get ready for your week with the week’s top business stories from San Diego and California, in your inbox Monday mornings.
Posted on March 16, 2023

Japan and S.Korea business lobbies launch ‘future-oriented’ foundations

TOKYO, March 16 (Reuters) – Japan’s business lobby Keidanren said on Thursday it and its South Korean counterpart, the Federation of Korean Industries, agreed to launch foundations, respectively, …
Posted on March 16, 2023

South Korea Considers Requiring Banks to Hold More Capital as a Buffer

(Bloomberg) — South Korea is mulling whether to require banks to hold more capital, as officials seek safeguard the financial system in the face an increase in interest rates and delinquencies. Most …
Posted on March 16, 2023

South Korea’s Yoon seeks friend in Tokyo hours after North Korea missile launch

Yoon Suk Yeol arrives in Tokyo on Thursday on the first visit to Japan by a South Korean president in 12 years, seeking a closer relationship amid a perceived increase in regional threats from North Korea and China.
Posted on March 16, 2023

UAE to invest $30 billion in South Korea over the next few years

South Korean FDI in the UAE totalled $2.2 billion up until the beginning of 2021, reflecting a 73 per cent growth compared to the beginning of 2013. These investments are mostly concentrated in …
Posted on March 16, 2023

UAE to invest $30 billion in South Korea over the next few years

South Korean FDI in the UAE totalled $2.2 billion up until the beginning of 2021, reflecting a 73 per cent growth compared to the beginning of 2013. These investments are mostly concentrated in …

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