The Biden administration will award $6.4 billion in grants to South Korea’s Samsung to expand chip production …
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South Korea
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FeatureIndustry & TradeInternational NewsNews
S. Korea’s manufacturing activity drops in March
by Nada Aliby Nada AliSouth Korea’s manufacturing activity weakened in March due to sluggish domestic demand despite strong overseas sales.
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Factory activity in many Asian economies weakened in March, with some exceptions in China and South Korea.
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FeatureIndustry & TradeInternational NewsNews
Hyundai Motor plans to invest $51b over 3 yrs
by Nada Aliby Nada AliHyundai Motor Group announced a $51 billion investment over three years to enhance its electric vehicle and …
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FeatureInternational NewsNewsTech newsTech/AI
LG Group considers 100t won investment in next 5 yrs
by Nada Aliby Nada AliLG Group, a South Korean conglomerate, plans to invest 100 trillion won ($74.42 billion) in the country …
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Featureforex newsInternational NewsNews
S. Korea’s CSI declines to 100.7 in March – survey
by Nada Aliby Nada AliSouth Korea’s consumer sentiment index (CSI) dropped sharply to 100.7 in March from 101.9 in February, due …
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BanksFeatureInternational NewsMoneyNews
Economic slowdown hits S. Korea’s card spending
by Aya El Sayedby Aya El SayedThe growth of spending via plastic cards has decelerated In South Korea, with the Bank of Korea …
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Asian bonds saw in February their largest monthly inflow in three months, driven by expectations of a …
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BanksFeatureInternational NewsMoneyNewsTech/AI
South Korea commits 420T won for green projects
by Aya El Sayedby Aya El SayedSouth Korea pledged a massive 420 trillion won ($313.4 billion) in policy loans aimed at funding initiatives …
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