Keywords: Korea
Central banks across the globe have lifted their inflation outlooks less than a month after U.S. and Israeli forces struck Iran on February 28. The conflict's economic fallout spreads as energy prices soar and supply chains disrupt. Governments activate emergency measures to counter the crisis [reuters.com]. France's......
US and Israeli military strikes on Iran since February 28 have thrown Asia's $19 billion used car export industry into disarray. Ships avoid the Middle East, stranding cargoes at sea and overwhelming ports from Sri Lanka to China. Dealers feel the impact acutely. Umar Ali Hyder Ali runs Yokohama-based......
South Korea is stepping up its efforts to strengthen national defense by investing in next-generation aircraft technologies, President Lee Jae Myung announced during a ceremony marking a milestone in the country’s aviation industry. The initiative includes the development of key components such......
South Korea has announced the appointment of renowned economist Shin Hyun-Song as the next governor of its central bank, a move aimed at strengthening the country’s economic resilience amid rising debt and global uncertainty. Shin, currently a senior figure at the Bank for International Settlements,......
AMD has named Samsung Electronics as its primary supplier of next generation HBM4 memory for its upcoming AI accelerators, deepening ties as competition intensifies in high performance semiconductor infrastructure. Chief executive Lisa Su traveled to South Korea for the first time since taking the role......
North Korea held parliamentary elections on Sunday to select delegates for its Supreme People's Assembly (SPA), the legislature responsible for approving state policy and appointing top government officials, according to state media reports. The Korean Central News Agency reported that nearly 99.99%......
Asian stock markets fell sharply on Wednesday as escalating tensions involving the United States, Israel and Iran rattled investor confidence and pushed oil prices higher across global markets. South Korea’s Kospi index plunged as much as 10 percent, triggering circuit breakers that temporarily......
North Korean leader Kim Jong Un has reportedly presented newly developed sniper rifles as ceremonial gifts to senior party and military officials, according to state-run media. The rifles, created by the country’s Academy of Defence Science, were described by Kim as “remarkable weapons”......
South Korea and the United States are set to carry out their annual spring joint military exercise next month, reinforcing allied defense readiness and advancing preparations for the transfer of wartime operational control to Seoul. The 11-day drill, known as Freedom Shield, is scheduled to take place......
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