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U.S. EV subsidy rule delay may buy time for Korean carmakers

Battery component rules for U.S. electric vehicle subsidies have been delayed, meaning that more Korean vehicles could qualify. The rules will be issued in March. Battery...

Trade Minister heads to the U.S. to lobby for IRA changes

Korean Trade Minister Ahn Duk-geun will visit the United States for talks on the Inflation Reduction Act (IRA), which limits subsidies to electric vehicles...

Biden to visit SK siltron plant in Bay City, Michigan

U.S. President Joe Biden is scheduled to visit an SK siltron plant in Michigan. The president will deliver a speech at the production site in...

China has obligation, interest in preventing North Korean nuclear test

China has an obligation as well as an interest in preventing a potential nuclear test by North Korea, a state department spokesperson said Wednesday,...

Yoon announces summit with Biden, Kishida in Cambodia

President Yoon Suk-yeol said Thursday he will hold a trilateral summit with U.S. President Joe Biden and Japanese Prime Minister Fumio Kishida in Cambodia...

Won renews 13-year low against the dollar on Friday

The won renewed a 13-year low against the dollar on Friday, punching through the 1,320-won mark.   It reached as low as 1,326.10 won, down more...

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