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
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
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
It has been reported that a Korean strategic investor (SI) is considering acquiring Callaway, one of the world’s top three golf brands.According to investment banking (IB) industry sources on March 19, major shareholders such as BlackRock Advisors LLC have selected a sales manager and are pushing fo
The online stock trading platform Webull, which is gaining popularity among global individual investors based on its commission-free policy, is entering the domestic securities market in Korea. Consequently, there are concerns that individual investors who currently invest in the U.S. stock market t
As the Bank of Japan (BOJ) has embarked on its first interest rate hike in 17 years, it is anticipated that the strengthening of the yen due to the lifting of Japan’s negative interest rates could have a positive impact on domestic exports such as semiconductors, automobiles, and shipbuilding. Howev
The Korea National Railway announced that it has successfully hosted the “Korea-Vietnam High-speed Railway Technology Exchange” on March 19, with the visit of the Vietnam Ministry of Transport Technical Survey Team to its Daejeon headquarters.The Korea-Vietnam High-Speed Railway Technology Exchange
Patent applications originating from the Republic of Korea at the European Patent Office (EPO) grew by 21% last year, according to the EPO’s Patent Index 2023 published today. This was the highest growth rate among the 20 leading innovating countries, and more than five times the average growth at t
The relationship between South Korea and Russia is reaching a desperate situation while the two countries celebrate the 34th anniversary of diplomatic relations this year.Earlier this year, an unusual incident occurred when a South Korean missionary, who was engaged in aid and missionary activities
India, the world’s third-largest automobile market, is expected to emerge as an electric vehicle battleground after the United States and Europe. This is because the Indian government, which has been sticking to high tariff barriers, has launched a drastic tariff reduction policy to attract global e
Samsung Electronics has failed to resolve wage negotiations again this year, signaling another round of union risks.The Nationwide Samsung Electronics Workers’ Union, the largest union at Samsung Electronics, announced on March 18 that it formed a labor dispute committee and will start a labor strug
With the unprecedented boom in the U.S. stock market since the beginning of this year, domestic individual investors have poured 4 trillion won (US$3 billion) into direct stock investments abroad, surpassing four times the amount invested during the same period last year. Securities firms are also r
A huge wave that began with Chinese e-commerce platform AliExpress is now on the horizon, making it to more difficult to predict the future of the Korean e-commerce market.While Korean e-commerce players are competing fiercely for survival, the United States, China, and other Asian countries have jo
The National Pension Service (NPS) has come out against the reappointment of Cho Won-tae, president and chairman of Korean Air, as an inside director, sparking interest in the reasons behind the move.According to the aviation industry on March 17, the NPS’s Fund Management Committee is expected to v
Attacks on Samsung Electronics by patent trolls are becoming increasingly cunning. These entities are focusing on purchasing patents with broad scopes that can be applied to various products and then targeting companies that release related products. Among global information technology (IT) companie
The police have launched a forced investigation into Korea Aerospace Industries (KAI) following the detection of an attempt by Indonesian employees dispatched to KAI to leak documents related to the Korean fighter jet KF-21.This action comes 24 days after a government joint investigation team, consi
Korea’s duty exemption threshold for cross-border shopping is set at US$150 per day. This limit is now on the table. It is blamed on the fact that Chinese e-commerce companies such as AliExpress, Temu, and Shein selling ultra-low-priced goods can quickly expand their presences in the Korean market t
The U.S. Congress began to keep Hyundai and Kia in check as the two Korean automakers continue to enjoy the growth of their electric vehicle sales in the U.S. market. The U.S. Congress made a thing of their business strategy of discounting subsidized electric vehicles through a lease car exception u