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Tuesday, May 13, 2025

KOREA

Samsung Electronics develops toilet tech for developing countries

The Bill & Melinda Gates Foundation and Samsung Electronics have worked on a challenge facing many underdeveloped countries but is relatively underpublicized: toilets.  After three...

LG Innotek in talks with Tesla to supply camera modules

LG Innotek is in talks with Tesla to supply the automaker with camera modules, according to the Korean electronics component maker on Thursday.  The deal...

[ANALYSIS] Hyundai Motor faces conundrum after failing to make U.S. subsidy

Hyundai Motor has found itself on the edge of a precipice as none of its eco-friendly vehicles were placed on Joe Biden’s “Made-in-America” electric...

Leaders mark 30th anniversary of Korea-China ties despite challenges

The leaders of South Korea and China exchanged congratulatory letters on the 30th anniversary of the establishment of diplomatic relations Wednesday, both sides calling...

Stocks fall over 1 percent Tuesday as investors shun risky assets

Stocks fell more than 1 percent Tuesday as investors shunned risky assets amid concerns over further aggressive rate hikes by the U.S. Federal Reserve....

Koreans still view Chinese as economic partners

Nearly 44 percent of respondents believe economic cooperation is the best direction for Korea-China relations, according to a JoongAng Ilbo survey released Tuesday ahead...

Korea may take U.S. to WTO over EV subsidies

The Korean government may file a complaint against the United States with the World Trade Organization (WTO).It says that the Inflation Reduction Act, which...

Kim Yo-jong calls Yoon’s ‘audacious initiative’ repulsive

The sister of the North Korea leader lambasted the so-called “audacious initiative” of the Yoon Suk-yeol government, stressing that the regime will not give...

Won, dollar exchange rate falls to lowest point this year

The Korean won fell 0.61 percent against the dollar on Friday to its lowest point this year.The won reached 1,328.80 won per dollar Friday,...

Facebook users decline as younger generation chooses newer platforms

Facebook's user exodus continues as the younger generation moves away from the world's largest social media to newer alternatives.  The number of Korean monthly active...