The 17-year trend of Japan’s persistent negative interest rates has come to an end, yet the market’s response remains tepid. This is attributed to assessments indicating difficulty in perceiving a full-fledged tightening. However, there are prospects suggesting that the yen may strengthen from the s
Taiwan’s stock market has reached an all-time high, propelled by the surge in Taiwanese technology stocks, including TSMC, amid the global semiconductor boom. The narrowing gap in market capitalization with the domestic stock market has narrowed to approximately US$4 billion.According to the Taiwan
On March 15, Chong Kun Dang announced that as part of the Harvard Business School's 'Korea Trek 2024' program, 55 students visited its headquarters on March 13th.The Harvard Business School Korea Trek is a training program that introduces students to Korean culture, society, industry, and history. I
Samyang ROUNDSQUARE announced on March 20 that its Spicy Buldak Ramen was featured as a leading example of K-Ramen on the British micro-documentary channel Great Big Story.Launched in 2015, Great Big Story is a channel that produces micro-documentaries on a variety of fields including food, hobbies,
The possibility of exporting South Korea’s indigenous helicopter, Surion, to Iraq is increasing. Following visits by high-ranking Iraqi military officials, the Iraqi Defense Minister’s visit to South Korea has heightened discussions about the introduction of the Surion. The potential first export of
Investment in 12-inch (300 mm) fab (semiconductor production plant) equipment is expected to surpass US$100 billion by 2025 and reach US$137 billion by 2027.The International Semiconductor Equipment and Materials Association (SEMI) reported on March 20 in its “300 mm Fab Outlook” that investment in
Samsung Electronics, which lost its lead to SK hynix in the high bandwidth memory (HBM) market, which is becoming known as the AI semiconductor market, has drawn its sword for a counterattack.The company plans to shake up the AI semiconductor market by launching a new concept of "AI accelerator" (a
Samsung Display and LG Display, the two major Korean display makers, have begun the second round of their battle in the display market. Unlike LG Display, which makes large-sized panels, Samsung Display makes smash hits focused on small and medium-sized panels. LG Display is trying to reverse its fo
Hanwha Aerospace is working with the Korea Aerospace Research Institute to develop a next-generation launch vehicle (KSLV-III) that significantly improves on the performance of the Nuri (KSLV-II). Based on a public-private partnership, the company looks to strengthen its launch vehicle technology an
SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, announced today that the company has shipped approximately 440,000 doses of SKYCellflu to Biogenetech in Thailand from its vaccine manufacturing facility ‘L HOUSE’ in Andong, S
FILA Holdings reaffirmed its commitment to responsible management and shareholder returns by publicly disclosing on March 20 that it will retire its existing treasury stocks and buy back up to 50 billion won worth of shares this year.The treasury stock retirement and share buyback plan aligns with t
Thanks to the booming export of Hallyu content such as dramas, movies, and webtoons, South Korea’s trade balance in intellectual property rights achieved its largest annual surplus in history last year.According to statistics released by the Bank of Korea (BOK) on March 20, the provisional trade bal
With the news of the development of lithium metal battery electrolyte technology in collaboration with domestic researchers, Samhwa Paint Industrial Co. has seen a rapid increase in its stock price for the second consecutive trading day.According to the Korea Exchange on March 20, Samhwa Paint is tr
Bereum, a pioneering force in postbiotic, has recently inked a strategic collaboration with Hyundai Corporation Group to venture into the North American market. The contract, valued at $10 million, marks a significant milestone in the company's journey, positioning it as the sole domestic competitor
A high-power (120kV, 60kW) electron-beam welding system has been developed for the first time in the country, paving the way to the domestic production of a local vacuum high-power electron-beam welding system, the key equipment for the welding of small modular reactors (SMRs).For the first time in
While domestic demand including consumption continues to remain weak, exports, which have been driving up Korea’s economic recovery, are also facing a threat on the account of a slump in exports to China. Exports to China grew by more than 16 percent in January this year, snapping a 19-month streak
In February, automobile exports, production, and domestic sales declined from the same month of 2023 and the previous month of January.The descent was attributable to a slowdown in the growth of electric vehicle sales in both the Korean and overseas markets, as well as a drop in production and shipp
While major countries such as the United States, Japan, and the European Union (EU) are rushing to provide subsidies for semiconductors, there are growing voices that Korea will lose the global semiconductor war if it does not subsidize Korean companies such as Samsung Electronics and SK hynix, citi
POSCO Group, which is about to see the inauguration of its new chairman, has been accused of nominating inappropriate outside directors to its holding company, POSCO Holdings, and its affiliates.“After reviewing the agendas for the shareholders’ meetings of POSCO affiliates, many of the candidates f
The trade conflict between the U.S. and China has spilled over into the shipbuilding industry and Korean shipbuilders that compete with China for the No. 1 spot in the global shipbuilding market are expected to benefit from this situation.According to industry sources, the U.S. Trade Representative