The South Korean government’s strengthened loan regulations to curb the rapid rise in real estate prices led to a reduction in the growth of household loans during the third quarter (July–September).
North Korea says U.S.-South Korea deal to set off ‘nuclear domino’ effect
SEOUL–North Korea on Tuesday said South Korea’s plan to build nuclear-powered submarines with U.S. approval would trigger a “nuclear domino” effect.
South Korea pledges to phase out coal plants
SEOUL: South Korea pledged on Monday (Nov 17) to phase out coal power plants that lack emission-reducing measures, an ambitious step for a country that generates a third of its electricity from the fossil fuel.
North Korea says US-South Korea fact sheet shows confrontational stance
SEOUL— North Korea said on Tuesday (Nov 18) the joint fact sheet that the United States and South Korea announced last week cements the two countries’ confrontational stance against North Korea, and North Korea will take countermeasures,
Samsung and other South Korean firms pledge larger domestic investments after US tariff deal
SK Group, another semiconductor powerhouse, and shipbuilders Hanwha Ocean and HD Hyundai also announced plans to increase their domestic investments. Both are central to South Korean commitments to …
Samsung and other South Korean firms pledge larger domestic investments after US tariff deal
SK Group, another semiconductor powerhouse, and shipbuilders Hanwha Ocean and HD Hyundai also announced plans to increase their domestic investments. Both are central to South Korean commitments to …
Samsung and Hyundai announce domestic investments in AI just as South Korea finalizes tariff deal with the US
Samsung and Hyundai have announced around $400 billion in domestic investments in AI just as South Korea finalized its tariff deal with the US.
South Korea offers talks with North to prevent accidental armed clash at border
South Korea has proposed talks with North Korea to clarify the rivals’ border line. South Korea says that North Korean soldiers’ repeated border intrusions have raised worries about an armed clash.
DCI secures $212m for Seoul data center build-out in South Korea
A fully-owned portfolio company of Brookfield, DCI was founded in 2015 and acquired by Brookfield in 2019. It now has more than ten data center sites with 130MW of IT capacity in development across …
Samsung, other South Korean companies pledge billions in domestic investments after U.S. tariff deal
Samsung Electronics and other major South Korean companies on Sunday announced fresh domestic investment plans at a meeting with President Lee Jae Myung, who hopes the moves will counter concerns that …