South Korea

[SEOUL] Four US companies have committed a combined US$2 billion of investment in South Korea across semiconductors, advanced materials and energy, Seoul’s Industry Ministry said on Friday (Sep 4).

The government has earmarked US$1.9 billion for a special semiconductor budget

[SEOUL] A South Korean court on Monday (Aug 31) sentenced Han Hak Ja, the widow and successor of the Unification Church’s founder, to two years in prison, after convicting her of making illegal political donations and bribing a former first lady.

Demand for exports was the strongest recorded since November 2020

By alienating Seoul while courting Pyongyang, he risks dismantling vital US-Asian strategic alliances

By 2030, the company expects Indiana to become a key high-bandwidth memory production base in the US

This comes after US President Donald Trump’s scaled back a major joint exercise with South Korea

The central bank last raised rates at consecutive meetings in early 2023

Seoul is also willing to make a ‘practical contribution’ towards restoring free navigation via Hormuz