Category: Korea
Sanctions relief unlikely without show of ‘good faith’ by N. Korea: US lawmaker
The United States will unlikely ease or remove its sanctions on North Korea unless Pyongyang first makes a move to show its good faith, a US lawmaker said Wednesday. Rep. [...] » More
Carmakers to recall over 470,000 vehicles over defects
Mercedes-Benz Korea, Hyundai Motor, Kia, Honda Korea, Ford Sales and Service Korea, Audi Volkswagen Korea, Nissan Korea, Volvo Cars Korea, and BMW Korea will recall 478,371 [...] » More
New virus cases still rising 1 day before mass vaccine rollout
South Korea’s daily new coronavirus cases fell slightly below 400 on Thursday, a day ahead of the country’s first rollout of COVID-19 vaccines, as sporadic [...] » More
S. Korean top nuke envoy holds virtual talks on N. Korea with senior US diplomat
South Korea’s top nuclear envoy held video talks with a senior US diplomat Thursday about North Korea’s denuclearisation and related issues, the foreign ministry [...] » More
Netflix to spend $500 million in Korea this year to develop new content
Netflix said Thursday that it will spend $500 million this year on films and series produced in South Korea to broaden its growing slate of content from the country. Korean [...] » More
[Herald Interview] NYSE hopes to see more Korean firms listing in US
E-commerce giant Coupang’s application this month to list on the New York Stock Exchange has given hope to Korean firms dreaming of listing on the “big [...] » More
‘Market picks SK Group as top ESG player here’
As the ESG business management trend continues to gain traction in South Korea, environmental factors have outweighed social and governance values in importance, the [...] » More
[News Focus] COVID-19 causes historic gap in online sales by product type
The novel coronavirus was found to have brought a seriously widening disparity in the online sales performances of local retailers by product segment and business type. South [...] » More
Top general: US missile defense is aimed at N Korea, not China, Russia, Iran
The United States must be prepared to shoot down North Korean missiles because “there is a chance they would actually fire [one] at us,” a top military officer [...] » More
Korea maintains 3pct growth outlook
South Korea’s central bank on Thursday decided to maintain its previous 3 percent growth outlook for the nation’s gross domestic product this year, with its chief [...] » More
[Exclusive] Korean investors’ $16.8b coal exposure highlights call for climate action
Forty South Korean investors were found to have invested a total of $16.8 billion in securities issued by thermal coal-related companies worldwide as of January, data [...] » More
Doctor-government conflict continues as vaccinations begin
Doctors appear to be losing ground in their conflict with the government after facing negative public sentiment toward their call for collective action. The Korean Medical [...] » More
Korea’s fertility rate falls to lowest in the world
South Korea’s fertility rate fell to the lowest in the world last year, data showed on Wednesday (February 24), as uncertainty over the coronavirus discouraged couples [...] » More
N Korea exploited Korean POWs ‘for decades’: report
North Korea used South Korean prisoners of war and their descendants through several generations as slave labour in a vast network of coal mines, a rights group said [...] » More
Korean battery marker’s premium strategy faces challenge
South Korean battery giants’ strategy for the electric vehicle market has been to go for premium, high-performance batteries, but the recent strides of Chinese makers [...] » More
