Given the high cost of electric vehicles, government subsidies and incentives are a major factor that can alleviate the financial burden on manufacturers and prospective customers. What Happened: …
Plug Power shares soar after blockbuster deal with South Korean firm
Shares of Plug Power soared on the news, rising more than 30 percent to more than $45 per share in Nasdaq trading. SK Group will take a $1.5 billion stake in Plug Power, which has already gotten …
Foreign investment banks raise 2021 growth outlook for S.Korea
Top foreign investment banks, including Goldman Sachs, JP Morgan and HSBC, have upgraded South Korea’s growth outlook for this year by 0.1 percentage point on average from their previous estimate, a …
Foreign investment banks raise 2021 growth outlook for S.Korea
Top foreign investment banks, including Goldman Sachs, JP Morgan and HSBC, have upgraded South Korea’s growth outlook for this year by 0.1 percentage point on average from their previous estimate, a …
South Korea: Owners sue government for shutting down their small businesses
A group of small business owners in South Korea recently filed a case against the government for their financial losses. They have become more determined to sue as the social distancing measures in …
South Korea: Owners sue government for shutting down their small businesses
A group of small business owners in South Korea recently filed a case against the government for their financial losses. They have become more determined to sue as the social distancing measures in …
South Korea presses Iran over seized oil tanker as Gulf tensions rise
Iran’s seizure of a South Korean-flagged oil tanker comes after Tehran had urged Seoul to release billions of dollars of Iranian assets frozen in South Korea under US sanctions.
Govt. to enter new accord with S. Korea to obtain US $ 500mn in development financing
Prime Minister Mahinda Rajapaksa tabled the proposal in his capacity as the Finance Minister, on Monday … Recently, Prime Minister Rajapaksa extended an invitation to South Korea’s Prime Minister …
South Korea to inject US$81 million won to develop homegrown weapons parts in 2021
to boost the regional economy and create new jobs through the localization business,” agency chief Kang Eun-ho said. Defense Minister Suh Wook earlier said over 80 percent of South Korea’s 100 …
South Korea Shares Likely To See More Profit Taking On Thursday
The South Korea stock market on Wednesday halted the seven-day winning streak in which it had surged more than 250 points or 9 …