Economics

This article was published on The Korea Times on August 16, 2023. For much of the past year there has been a focus on how the CHIPS and Science Act…

This article was published in The Korea Times on June 14, 2023. The decision by the Cyberspace Administration of China to ban Micron Technology’s semiconductors in Chinese infrastructure has put…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here. What Happened South Korea’s 52-hour workweek system will be applied…

This briefing comes from Korea View, a weekly newsletter published by the Korea Economic Institute. Korea View aims to cover developments that reveal trends on the Korean Peninsula but receive little attention in the United States. If you would like to sign up, please find the online form here. What Happened Pointing to the fact that large foreign firms…

What Happened In the ongoing investigation into whether Samsung manipulated stock prices to facilitate a merger between two subsidiaries, Korean prosecutors faced scrutiny for ignoring independent recommendations against an indictment. Domestic pundits now add that continuing the investigation into Samsung may strengthen hedge fund Elliott Management’s legal case against the Korean government. This comes amid growing anxiety that legal probe into…

What Happened The Seoul government has decided to include foreigners in its disaster relief payout scheme linked to the COVID-19 outbreak. Under this program, the city will pay up to 500,000 won (USD 421) to households whose income is below the median income. In June, the National Human Rights Commission of Korea advised that Seoul not exclude foreign residents…