[Interview] Volatile climate puts global economy at risk, warns S&P economist
Abnormal climate patterns, such as El Nino, pose a risk to the global economy, potentially causing economic losses, inflation, and supply chain disruptions, warns an S&P economist.
Korea, Germany to open R&D center for industrial supply chains
Korea and Germany will set up a cooperation center for joint research and development (R&D) for industrial supply chains.
Samsung suspends review process for BOE's OLED panel: report
Samsung Electronics has suspended its internal review process to select China's BOE as the organic light-emitting diode (OLED) panel supplier for the electronics company’s flagship smartphones next year, according to a local media report Monday.
Korea reaches deal with 13 IPEF countries on supply chain resilience
Korea reached an agreement with 13 other countries in the U.S.-led Indo-Pacific Economic Framework (IPEF) for supply chain resilience in an effort to reduce economic dependence on China.
Fernandez to meet with Lee once again in Seoul
Jose W. Fernandez, U.S. under secretary of state for economic growth, energy, and the environment is in Seoul this week to meet with Lee Do-hoon, second vice foreign minister, to discuss energy, emerging technologies and supply chains...
Yoon, Steinmeier agree close cooperation in response to North nuclear threat
President Yoon Suk-yeol and German President Frank-Walter Steinmeier discussed North Korea's recent missile launches and agreed to cooperate closely in their response to the North's nuclear and missile threats on Friday.
Korean, Canadian leaders agree to strengthen cooperation to secure stable supply chain
Korean President Yoon Suk-yeol wrapped up a weeklong, three-country tour with a bilateral summit with Canadian Prime Minister Justin Trudeau on Friday, in which the two countries agreed to upgrade relations to a comprehensive strategic partnership.
[NAVIGATING CRISES] Supply-chain crisis forces a big business rethink
Korean companies are holding high-level meetings to address supply-chain issues as disruptions have held up production and led to cascading bottlenecks in the global economy, where shortages in one place daisy-chain to the other side of the world.
Korea, Chinese ministers confer on economic issues
Korea and China will boost cooperation on supply chains and carbon neutrality, the two countries’ finance ministers said in a meeting held virtually on Saturday. The Korea-China ministerial meeting was held for the first time in two years due to ...
Korea's spy chief makes unannounced trip to Washington
National Intelligence Service Director Kim Kyou-hyun made an unannounced visit to Washington on Tuesday to discuss a possible nuclear test by North Korea. He was spotted walking out of Washington's Dulles Airport Tuesday as aides tried to shield...