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Reporter : Kim Yoo-chul
Sun, December 3, 2023 | 10:53
[INTERVIEW] 'Beijing can't retaliate against Seoul for Chip 4'
Just a few days before the preliminary meeting of a U.S.-led group of major semiconductor manufacturers that includes Taiwan, South Korea and Japan, the chairwoman of a special parliamentary committee on semiconductors said China cannot retaliate against South Korea for joining the group, widely known as the Chip 4. Despite China's repeated complaints and expressions of dissa...
[INTERVIEW] Korea to tighten monetary policy further: Fitch
Consumer inflation in South Korea continues to rise at a rapid pace, raising the odds that the country's central bank - the Bank of Korea (BOK) - will deliver another 50-basis-point rate hike at its August policy meeting. The top-tier global credit rating agency, Fitch, is ready to revise higher its rate forecast for the BOK. The country's consumer inflation soared to the hig...
[ANALYSIS] Why Beijing won't retaliate against Seoul for 'Chip 4'
The South Korean government has begun engaging in active diplomacy to allay Beijing's concerns by defining the “Chip 4” alliance as nothing more than a partnership for supply chain resilience as Seoul confirmed its plan to attend a preliminary meeting of the consultative body sometime early September this year. “The foreign ministry confirmed the country's plan to attend a pr...
[INTERVIEW] KT seeks to change from dull telecom firm into fun platform
Old-fashioned business models and aversion to risks have left Korean telecom companies lagging behind rivals in a cutthroat competition to innovate.
[ANALYSIS] Kim Jong-un wants to follow in Pakistan's nuke footsteps: ex-aides
North Korean leader Kim Jong-un officially warned that his regime is prepared to use nuclear weapons in a possible military confrontation with the United States and South Korea, while observers expect Pyongyang to delay its seventh nuclear test until after the Chinese Communist Party completes its convention in the fall.
[INTERVIEW] Geopolitical risk burdens S. Korea's credit profile: Moody's
As Washington and Seoul are preparing for expanded summertime joint military drills, Pyongyang is ratcheting up tensions by claiming that the two allies could face “undesirable consequences” if they don't stop their “military confrontation.”In a recent media briefing, White House National Security Council (NSC) spokesperson John Kirby told reporters that Washington has been v...
[INTERVIEW] Korea unlikely to suffer drastic capital outflow: S&P
A faster-than-expected U.S. monetary tightening has heightened jitters across global financial markets, while market observers here are paying keen attention to whether such volatility will lead to a sudden capital outflow from Korea. Capital outflows happen when various types of assets and real money move to another country attracted by favorable investment returns, such as ...
[ANALYSIS] Seoul expected to join Washington-led 'Chip 4' alliance
Modern history tells us that economics and politics are inseparable, yet over the last few decades, the world has witnessed something of a sideshow in terms of the two. Such political shortsightedness leads to weakened economies, with the brewing U.S.-China tech cold war being a vivid example of this.
[INTERVIEW] 'NK's nuclear tests to inspire unity among West'
A key question on the minds of political analysts following Russia's invasion of Ukraine is how North Korea views the incursion.
[ANALYSIS] Why 3-nanometer chip tech matters most for Samsung
Since the launch of its New Management Initiative in 1993, Korea's top exporter Samsung has been improving its R&D significantly while retaining its core competencies in manufacturing, factory operations as well as other steady advances.
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