China's Ningde Amperex Technology Co., Ltd. (CATL), the world's largest battery corporation, established its Korean subsidiary in January this year. CATL, a leader in the battery market for electric vehicles as well as energy storage systems (ESS), seems to be targeting the Korean market. According ...
With South Korea and the United States set to begin mutual tariff negotiations next week in the United States, the Alaska liquefied natural gas (LNG) project is expected to be a key agenda item. The Korea Gas Corporation and Alaska Gasline Development Corporation (AGDC) held their first video confer...
On Dec. 23, 2023, South Korea became a 'super-aged society.' The proportion of the population aged 65 and over (10,244,550) among South Korean residents surpassed 20%. The United Nations (UN) classifies a society as aged when the population aged 65 and over accounts for more than 7% of the total, an...
On March 2, local time, U.S. President Donald Trump confirmed a mutual tariff plan for imposing a basic tariff of 10% on all imports into the country and additional tariffs on over 60 countries designated as "worst countries." The Wall Street Journal (WSJ) reported this on the 3rd. WSJ, citing sourc...
On the 3rd, Kim Hong-kyun, first vice minister of the Ministry of Foreign Affairs, rebutted the opposition's claims that the daughter of Prosecutor General Shin Woo-jeong received unfair employment, stating during an emergency inquiry at the National Assembly, "There was no situation where any speci...
The Donald Trump administration in the United States has imposed tariffs targeting certain countries, including China, Canada, Mexico, and the European Union (EU), and has also imposed reciprocal tariffs, provoking retaliatory measures from countries affected by the tariffs aimed at hundreds of U.S....
On Feb. 2 (local time), U.S. President Donald Trump announced a reciprocal tariff plan that imposes a 10% basic tariff on all imported goods and country-specific tariffs with additional duties on about 60 countries designated as 'worst countries' in the Rose Garden of the White House. The chart that...
U.S. President Donald Trump will deliver a speech on April 2 at 4 p.m. (5 a.m. on April 3, Korea Standard Time) in the Rose Garden of the White House at an event themed "making America wealthier." This means Trump will directly announce reciprocal tariffs and implement them immediately. As a result,...
The Donald Trump administration is expected to impose a 25% tariff on imported vehicles starting at midnight on May 3, local time, as U.S. consumers rushed to purchase cars before the tariff is enacted, leading to double-digit growth in sales for automakers such as General Motors and Hyundai in the ...
Germany, the United Kingdom, Denmark, Finland, and Portugal have issued 'travel warnings' for their citizens regarding the United States. This measure comes in response to the detention of their citizens in the U.S. due to President Donald Trump's border policy enforcement. As a result of this inten...
