Business : News : Hankyoreh

Korea mulls joining CPTPP as Trump’s tariffs take their tollSouth Korea said it will reconsider joining the Comprehensive and Progressive Agreement for Trans-Pacific Partnership (CPTPP), which had previously be...
Korean chipmakers seek exit strategy from China as Trump tightens export controlsThe Trump administration has pushed ahead with strengthened export controls targeting Korean semiconductor factories in China, despite repeated appeal...
Korean firms invest $150 billion in US ‘manufacturing renaissance’South Korean companies announced plans for large-scale direct investment in the US totaling US$150 billion, in a move that coincided with a bilateral ...
Korea to curb speculation in Seoul metro area by requiring foreigners to live in purchased propertyForeigners in South Korea will now require prior government approval to purchase property in the greater Seoul area. When buying property, they will h...
Trump could demand a massive stake in Samsung Electronics for chip grantsThe administration of US President Donald Trump has made it an official policy to demand equity in exchange for grants to semiconductor companies buil...
4 scenarios for shipbuilding cooperation that US could propose at summit with KoreaAmid speculation about concrete measures for cooperation on shipbuilding being discussed during the US-South Korea summit scheduled to be held in Wash...
Korea stays afloat amid sinking global shipbuilding ordersWhile ship orders are declining worldwide, South Korea has seen its share of orders slightly increase. All eyes are focused on whether the “Make Ameri...
Samsung eyes comeback with deals to supply chips to Tesla, Apple in USSamsung Electronics will soon be producing next-generation chips for Apple at its US plant. The deal comes on the heels of a contract Samsung secured ...
Tariff deal could further boost Korean sales of US autosIndustry figures show that American automakers are selling more vehicles in Korea, and that American-made vehicles account for a larger share of impor...
Trump’s 100% chip tariff could be detrimental to Korean exportsUS President Donald Trump’s announcement that he will impose a 100% tariff on all imported semiconductors has sent jitters through the South Korean go...
Korea’s “big three” shipbuilders join task force to help “make American shipbuilding great again”Players in the Korean shipbuilding industry are brainstorming about setting up US$150 billion in funds and investments for the “Make American Shipbuil...
Stocks beat out real estate for Koreans’ most-preferred investment optionAs of July of this year, the top choice for Koreans looking to invest was stocks. Since Gallup Korea first started asking Koreans their favored form o...
Korea’s efforts for 11th-hour tariff deal with US run agroundThe “2+2” trade talks that the Lee Jae-myung administration had been planning to conduct with the US in Washington, DC, were abruptly canceled by the ...
Tokyo’s concessions to Trump send Korea’s trade negotiators scramblingThe South Korean government finds itself in a pinch during its last-minute negotiations with the US after US President Donald Trump announced a trade ...
South Korea pressed to reach tariff deal as Trump lauds ‘massive’ deal with JapanTokyo and Washington have agreed to lower the US’ reciprocal tariffs on Japan from 25% to 15% on the condition that Japan makes large-scale investment...

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