Category: Korea
Samsung sees pandemic-led appliances boom extending run to rest of year
A pandemic-driven boom in home appliance sales will last longer than previously anticipated and extend into the second half of the year, Samsung Electronics Co Ltd’s [...] » More
Seoul stocks open lower, tracking Wall Street decline
South Korean stocks opened lower Wednesday, tracking overnight losses on Wall Street as concerns of inflation weighed down on investor sentiment. The benchmark Korea [...] » More
Samsung’s presence in DRAM market slightly down in Q1: report
Samsung Electronics Co.’s share in the global DRAM market declined slightly in the first quarter of the year, a report showed Wednesday, though it maintained the [...] » More
US willing to share COVID vaccine with N. Korea if requested: report
The United States may consider sharing COVID-19 vaccines with North Korea if requested by the impoverished nation, if the vaccines will reach the intended beneficiaries, a US [...] » More
Head of US think tank CFR receives S. Korean state medal
Richard Haass, head of a US think tank, was awarded a South Korean medal Tuesday for his contributions to the strengthening of the US-South Korea alliance. The chief of the [...] » More
Banks’ household loan growth quickens in April
South Korean banks’ household loans grew at a faster clip in April, as money chased after initial public offerings, central bank data showed Wednesday. The value of [...] » More
S. Korea reports largest job growth in almost 7 years in April
South Korea reported the largest job growth in almost seven years in April in the latest sign that the job market is recovering from a yearlong slump caused by the pandemic, [...] » More
Biden must tell Kim: Begin denuclearisation, end dehumanisation of N Koreans
The Biden administration has completed its comprehensive review of North Korea policy and also has settled on the core principles of its China policy (though the Defense [...] » More
PC shipments in S. Korea soar to 10-year high in Q1: report
South Korea’s personal computer (PC) market expanded to the largest in 10 years in the first quarter of 2021, industry data showed Wednesday, due to robust demand for [...] » More
US understands S. Korea’s difficulty with vaccine shortage: Hwang
White House policy coordinator for Indo-Pacific Kurt Campbell has said the United States understands the problem South Korea faces due to its vaccine shortage and is doing [...] » More
S. Korea, US to hold regular defense talks on N. Korea, OPCON transfer
South Korea and the United States were to hold biannual defense talks in Washington on Wednesday to discuss regional security situations and major bilateral issues, such as [...] » More
Moody’s keeps ‘Aa2′ rating on S. Korea with stable outlook
Global credit appraiser Moody’s Investors Service said Wednesday it has maintained its credit rating on South Korea at “Aa2,” with a stable outlook. [...] » More
Samsung will attend Barcelona’s World Mobile Congress remotely
South Korean mobile handset manufacturer Samsung Electronics (005930.KS)said on Tuesday it will not be present at the World Mobile Congress in Barcelona next month, becoming [...] » More
S. Korean seeks revival of talks for North, US
South Korea’s leader said Monday that he’ll use his upcoming summit with President Joe Biden to push to restart diplomacy with North Korea, saying that the US has [...] » More
US understands S. Korea’s difficulty with vaccine shortage: Hwang
White House policy coordinator for Indo-Pacific Kurt Campbell has said the United States understands the problem South Korea faces due to its vaccine shortage and is doing [...] » More
