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Tag: South Korea

Posted on April 3, 2023

South Korea Passes Its ‘Chips Act’ Amid US-China Friction

(Bloomberg) — South Korea’s parliament easily approved a bill Thursday to boost the country’s powerhouse semiconductor industry by giving firms tax breaks to spur investments. Most Read from …
Posted on April 3, 2023

South Korea March factory activity contracts at sharpest pace in six months

The S&P Global’s seasonally adjusted purchasing managers’ index (PMI) for South Korean manufacturers declined to 47.6 in March from 48.5 in February.
Posted on April 3, 2023

South Korea, US, Japan hold anti-submarine drills to counter North Korea threats

The navies of South Korea, the U.S. and Japan will hold two days of anti-submarine exercises starting Monday to better counter North Korea’s evolving nuclear and missile capabilities, South Korea’s …
Posted on April 3, 2023

Alchemy Pay Raises $10M at $400M to Push South Korean Expansion Plans

Alchemy Pay, a payments provider based in Singapore, has received $10 million in investment from market maker DWF Labs at a $400 million valuation as it eyes expanding its business in South Korea. The …
Posted on April 3, 2023

BIE inspection team meets S. Korean business leaders

Patrick Specht (R), head of the Bureau International des Expositions’ (BIE) administration and budget committee, poses for a photo with supporters of South Korea’s bid to host the 2030 World Expo in …
Posted on April 3, 2023

South Korea, US, Japan hold anti-North Korea submarine drill

The South Korean, U.S. and Japanese navies are conducting their first anti-submarine drills in six months to boost their coordination against increasing North Korean missile threats
Posted on April 2, 2023

North Korea threatens retaliation for US, South Korea military drills: not ‘empty talk’

North Korea has warned South Korea and the United States that is not making “empty talk” when it speaks of its nuclear capabilities to deter war.
Posted on April 2, 2023

Forest fires break out across South Korea

Forest fires broke out across South Korea Sunday due to dry and windy weather in spring, Yonhap news agency said, citing the Korea Forest Service (KFS). According to the KFS real-time forest fire …
Posted on March 31, 2023

Samsung considers chip packaging test line in Japan as it seeks deeper cooperation -sources

TOKYO/SEOUL, March 31 (Reuters) – South Korea’s Samsung Electronics Co Ltd (005930.KS) is considering setting up a chip packaging test line in Japan, five people said, to bolster its advanced …
Posted on March 31, 2023

S. Korea to sell 4 tln won in Treasury bills next month

SEOUL, March 31 (Yonhap) — South Korea plans to sell 4 trillion won (US$3.08 billion) worth of Treasury bills next month to fund fiscal spending, the finance ministry said Friday. The bills, which …

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