South Korea

THINKING ALOUD

The ‘Squid Game economics’ of being a fan

As bots and greed hijack the ticket trade, the law is intervening where the free market has failed

A JMEV electric vehicle assembly line in China's Jiangxi province. No countries are named as targets of IAA, but its rules are designed to address concerns about China's powerful position in clean-tech supply chains.

Asia anguishes over proposed EU Industrial Accelerator Act

As the EU signals a trade policy pivot, countries like China and Japan mull its effect on competition and business

South Korean Industry Minister Kim Jung-kwan said that the US' probe into the country's excess industrial capacity was within its expectations.

South Korean parliament approves US$350 billion US investment Bill

Primary investment sectors include shipbuilding, semiconductors, pharmaceuticals and critical minerals

Top South Korean officials have said the US-South Korea trade deal remains valid despite a US Supreme Court decision in February.

South Korea parliament committee backs bill to enable US$350 billion US investment

The bill is expected to be put to a full National Assembly vote on Mar 12

The building blocks of the technology industry are deeply dependent on petroleum flowing through the Strait of Hormuz.

Hormuz is the hidden risk to the AI economy

The current geopolitical emergency shows that chip-producing South Korea and Taiwan need to increase the use of renewables

Consumer prices in South Korea rose 2 per cent in February from a year earlier, matching January’s pace, according to official statistics.

South Korea’s inflation holds steady at BOK target before Iran impact

SOUTH Korea’s headline inflation held steady at the central bank’s target level, suggesting overall price pressures remained contained before the Iran conflict triggered a wave of global energy volati...

South Korean President Lee Jae-myung instructed officials at a Cabinet meeting to manage the market-stabilisation programme “appropriately and swiftly”.

Korea’s Lee touts 100 trillion won emergency fund after volatility

He says the fund is to ensure the avoidance of ‘temporary abnormalities, but not force price adjustments’

Prices in the city firmed 0.09 per cent in the week ended Mar 2, slower than the previous week’s 0.11 per cent increase.

Home prices in Seoul’s posh districts fall after year-long rally

The pullback may offer some relief to policymakers

The two leaders agreed to expand cooperation in new areas of growth, such as shipbuilding, nuclear power, supply chain and artificial intelligence.

South Korea, Philippines to deepen ties in defence, shipbuilding

HD Hyundai Heavy Industries started shipbuilding operations in the Philippines’ Subic Bay last year

South Korea's output grew at the strongest pace since August 2024, while new orders rose for a third straight month.

South Korea factory activity expands for third month on output jump: PMI

Its exports extended their growth streak to a ninth month in February