Won dips below 1,370 level per dollar for 1st time in over 13 years
SEOUL-- The South Korean currency on Monday slid below the 1,370 won level against the U.S. dollar for the first time in more than 13 years amid prospects that the…
September 5, 2022
Nearly 77 percent of experts consider Korea’s semiconductor industry under crisis: poll
SEOUL-- Seven out of 10 experts in South Korea consider the local chipmaking industry to be in a crisis due to multiple external risks, a survey showed Monday.According to a…
Trade chief to visit U.S. for talks on EV tax credit
SEOUL-- South Korea's Trade Minister Ahn Duk-geun will depart for the United States on Monday for talks on the U.S. Inflation Reduction Act (IRA) that excludes electric vehicles assembled outside…
Chengdu’s COVID-19 lockdown extends, as buildings shake from Sichuan earthquake
Some 90 percent of cities now have some form of COVID-19 restrictions in place, as the authorities battle to contain ongoing outbreaks of the Omicron variant of the coronavirus under…
PM Han meets visiting Laotian deputy prime minister
SEOUL--- South Korean Prime Minister Han Duck-soo met Laotian Deputy Prime Minister Saleumxay Kommasith in Seoul on Monday to discuss bilateral relations and future cooperation, Han's office said.Han voiced hope…
Seoul stocks down for 3rd day amid recession woes; Korean won at over 13-year low
SEOUL-- Seoul stocks ended lower for a third consecutive session Monday on concerns over the Fed's aggressive rate hikes and a global economic recession. The Korean won tumbled to an…