BOK to Test CBDC 2021-05-31 The Bank of Korea will carry out a mock test on the feasibility of a central bank digital currency or CBDC. It does not mean any impending CBDC issuance, ... Listen
S. Korean Businesses’ Massive U.S. Investment Plans 2021-05-24 Four major South Korean business groups have announced their plans to invest 40 billion US dollars in the United States. Leaders of the companies ... Listen
“K-Semiconductor Belt Strategy” to establish the world’s largest supply network by 2030 2021-05-17 The global rivalry for dominance in the semiconductor industry has been intensifying, with major economies such as the U.S., Europe and China all ... Listen
Growing Concerns over Inflation 2021-05-10 Prices in Korea are increasingly under upward pressure. According to Statistics Korea, consumer prices in April rose 2.3 percent year-on-year, ... Listen
S. Korean Economy Grows 1.6% in Q1 2021-05-03 The Korean economy is pulling itself out of the mire of negative growth. The better-than-expected growth in the first quarter of this year shows ... Listen
Cryptocurrency Craze 2021-04-26 The cryptocurrency boom is sweeping South Korea. A number of people claim to have earned significant profits from their cryptocurrency investment. ... Listen
LG-SK Battery Settlement 2021-04-19 South Korean battery maker LG Energy Solution and its local rival SK Innovation have finally agreed to settle their battery dispute. The two companies ... Listen
LG’s Exit from Mobile Phone Business 2021-04-12 LG Electronics has decided to shut down its smartphone business, 26 years after the company started producing mobile phones with the “Hwatong” ... Listen
Rising U.S. Bond Yields 2021-04-05 U.S. government bond yields have been in the economic news a lot lately. Bond yields in the U.S. have risen sharply, compared to six months ago. Such ... Listen
Korea Seeking to Catch up in Global Space Race 2021-03-29 South Korea’s next-generation, mid-sized satellite was successfully launched and made its first contact with a base station on March 22. ... Listen