Korea recorded $55.4 billion in monthly exports in July, the highest ever thanks to economies worldwide recovering from the Covid-19 pandemic, the Ministry of Trade, Industry and Energy said Sunday. According to the ministry, exports last month ...
With new infections spreading to other regions, all non-capital areas will ban gatherings of more than four people from Monday.
It seemed that talks between North Korea and the US would soon begin in the Biden Administration, but it has been stalled for more than five months. There were expectations that there would be movements once the North Korea Policy Review was...
“It was a very good deal but a lot of time has passed,” he said. “The economy has shifted and the focus has shifted. Digitization and green deal, for example, were not so much discussed at the time, but are very important today.
Korea’s dependence on key materials, parts and equipment from Japan has declined significantly in the last two years, especially when it comes to materials essential to the manufacturing of semiconductors and display panels.
Exports broke $300 billion for the first time ever in a January-to-June period as global demand rebounded, with an annual record very possible given the trend and the outlook in foreign markets.
Sales of Korean firms' Chinese units have tumbled nearly 28 percent over the past four years due to a bilateral row over the deployment of an advanced U.S. missile defense system here and other reasons, a corporate tracker said Wednesday.
The European Union is seeking to extend its safeguard measures against Korean steel products for another three-year period, industry sources said Wednesday.
Biopharmaceutical and appliance exports are expected to decline in the second half, according to a survey of brokerage firms by the Federation of Korean Industries (FKI).
Global commerce targets and rules have changed over the years. The General Agreement on Tariffs and Trade (GATT) that took effect in 1948 was mostly based on the international trade of industrial products. The Uruguay Round...