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Korean exporters may find new chances in US-China trade war
Korea’s manufacturing exporters need to set their sights on new business opportunities that would stem from an escalating trade war between the US and China, experts here say. Protracted trade friction between the world’s two biggest economies might also give ... Read More
130 Anggota Delegasi Bisnis Dampingi Presiden Moon ke Singapura
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Seoul gets ready for Washington’s hearing on auto tariffs
South Korea's trade ministry is working on finalizing the members of the delegation for Washington's public hearing on auto tariffs slated for later this month, industry sources said Sunday. The Ministry of Trade, Industry and Energy decided to send the ... Read More
Korea braces for impact from US-China trade war
South Korea is bracing for the impact of the opening blows in the United States’ trade war with China, while playing down the possibilities of immediate setbacks. Starting Friday at 1 p.m. Korean time, the US implemented 25 percent tariffs ... Read More
US import restrictions to dent S. Korean exports
US restrictions on imports of South Korean steel, washing machines and solar cells are expected to cost Asia's fourth-largest economy more than $2.4 billion in lost exports over the coming years, a parliamentary report said Thursday. The Donald Trump administration's ... Read More
S. Korea’s consumer prices up 1.5% in June
South Korea's consumer price growth continued to stay above 1 percent in June on a rise of agricultural goods and the service sector, government data showed Tuesday. The country's consumer price index climbed 1.5 percent last month from a year ... Read More
Weakening won poses new risks to Korean economy
The weakening of the won in recent weeks carries both benefits and risks for the Korean economy that is being held back by a simultaneous downturn in investment, consumption and exports. Policymakers therefore face a thorny task to take proper ... Read More