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BUSINESS

BUSINESS

Korea’s population set to plummet back to 1970s levels

In 50 years, Korea's population will likely shrink from the current 52 million to 36 million, a level last seen during the impoverished 70s,...
BUSINESS

Korea’s arms deal with Poland hanging by a thread

Korean companies' multibillion dollar arms deals with Poland are hanging by a thread as the new Polish administration calls for a review of contracts...
BUSINESS

Travel agencies are seeing a jump in demand for holiday travel to Europe

  Holiday travelers are flocking to Europe for an exotic holiday season. Demand for travel to Europe has surged since early this year, spurred by the...
BUSINESS

ASML, Samsung invest $762 million in chip research center

ASML and Samsung Electronics will jointly invest one trillion won ($762 million) in setting up a research center in Korea dedicated to ultrafine semiconductor...
BUSINESS

YouTube Premium prices to jump at least 43 percent in Korea

YouTube raised the prices of its Premium subscription service by nearly 43 percent — and up to 71.5 percent for some — in Korea,...
BUSINESS

Korea logs sixth month of surplus, largest in two years

Korea logged a current account surplus for the sixth consecutive month in October on a trade surplus that was helped by a jump in...
BUSINESS

Foreigners become net buyers of Korean stocks in November, end 3-month selling streak

Foreign investors of Korean stocks were net buyers last month after three months of being net sellers, having purchased a net 3.3 trillion won...
BUSINESS

Twitch exits Korea, leaving opening for Naver

Twitch, a San Francisco-based streaming service owned by Amazon, is pulling out of Korea due to expensive networking fees. While local users and streamers mourn...
BUSINESS

WKBC Organizing Committee disbands, expressing gratitudes to community

  The Organizing Committee of the 21st World Korean Business Convention (WKBC) held a closing ceremony to express its gratitude to the Korean American community...
BUSINESS

Korean battery makers grow fearful as U.S. overhauls IRA subsidy program

A red alert has gone off for Korean battery makers as the United States released specific requirements on its Inflation Reduction Act (IRA) subsidy...
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