South Korea

Lawmaker says industry ministry has picked Texas gas power plant as first potential project

Allies will be scrutinising any trade announcements from the summit for their impact on competitiveness relative to China, say analysts

They are at odds over the capital city’s housing crisis; apartment prices have climbed for a record 86 weeks straight

Local media says firms concerned about committing such large sums upfront given uncertainty

Whether it can draw sufficient volume remains a key question

SK Telecom, KT and Kakao must make domestic use of the tech mainstream before foreign models cement their lead

This comes after the Asian country faced US pressure over its lack of support for the Iran war

[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