Economics

Though hesitant to officially join the U.S. Indo-Pacific Strategy, South Korea is seeking to promote many of the same values through the Moon administration’s “New Southern Policy.” Central to this…

This month, the world was reminded once again that the relationship between the Republic of Korea and Japan is deeply fractious. Japan has imposed restrictions on the export of chemical…

The North Korean economy is changing – we know this because of widely reported growth of private markets since the famine of 1990s. But black markets and illicit activities are…

Recently released data from the Department of Commerce confirmed that the United States achieved record-level export of services to South Korea in 2018 – $24.5 billion. Combined with the trade…

By Matthew Tranquada On Monday morning, in a federal courtroom in San Jose, lawyers for Samsung and Apple met to pick a panel of 10 jurors to decide a case worth $2.5 billion in damages for patent infringement. At the heart of the case is Apple’s contention that Samsung’s designs of its Galaxy series of…

By Chad O'Carroll After last week’s news that Apple had successfully won an injunction to block the sale of Samsung’s Galaxy Tab computers in the United States comes another major legal development also in Apple’s favor.  As of close of business on Tuesday, Galaxy case judge Judy Koh effectively banned sales of the Samsung Galaxy…

By Chad O'Carroll The seemingly perpetual legal fracas between Apple and Samsung took a turn yesterday when U.S. District Judge Lucy Koh of California entered an injunction to block the sale of Samsung’s Galaxy Tab 10.1 computers in the United States.  The block of sales of the newest Galaxy tablet, touted by many industry experts…

By Troy Stangarone With sanctions by the United States and the European Union continuing to tighten on Iran, Korea has announced that it will halt imports of Iranian oil as of July 1. Korea’s decision makes it the first of Iran’s major export markets, and a key Asian consumer of Iranian oil, to fully cut…

As disruptions in supply chains continue, what practical steps can the U.S. and Korea take to strengthen supply chains against future crises?