South Korea's Pohang University of Science and Technology wants to become a "metaversity" with digital classrooms.
Education

Metaverse education blossoms in South Korea, Japan, Taiwan

Teaching taps VR even as emerging tech's mass adoption remains in doubt

8 May 2023
POSCO's Pohang factory: The steelmaker hopes to prove the commercial feasibility of hydrogen-based production and gradually replace its blast furnaces by 2049.
Opinion

POSCO needs to go green faster to keep up with global shifts

Government can help by expanding emissions trading and buying low-carbon steel

8 May 2023
South Korean President Yoon Suk Yeol shakes hands with Japanese Prime Minister Fumio Kishida during their meeting at the presidential office in Seoul on May 7. 
Japan-South Korea ties

Kishida and Yoon tout 'new departure' for South Korea-Japan ties

Japanese PM says his 'heart aches' over wartime labor issue

7 May 2023
Election posters on display in Bangkok ahead of polls on May 14, when more than 52m Thais will cast their votes to elect 400 constituent MPs and 100 party MPs to the lower house. (Photo by Ken Kobayashi)
Your Week in Asia

Australia budget, ASEAN summit, Thailand and Turkey elections

Your weekly lineup of Asia's biggest business and political events

7 May 2023
Shinhan Financial Group and KB Financial Group are seeking bigger presences in Japan. (Source photos by Hiromi Yamabata and Jun Tamaki)
Finance

Top South Korean banks KB and Shinhan build on Japan ties, chiefs say

Digital-savvy lenders began forging Japanese alliances even before diplomatic thaw

6 May 2023
Kim Jong Un, left, Yoon Suk Yeol and Joe Biden: Defense agreements are being reconsidered in the wake of Pyongyang testing an intercontinental Hwasong-18 ballistic missile. (Source photos by AP and KCNA via Kyodo)
Comment

Why nuclear arms debate in South Korea cannot be underestimated

U.S. allies must think outside the box to counter new threats from North Korea

5 May 2023
Asian Development Bank President Masatsugu Asakawa speaks on May 3 in Incheon, South Korea, at the bank's annual meeting.
Finance

Asian ministers warn on Western banking turmoil at ADB meeting

IMF Asia chief cites uncertainty over BOJ policy and risk of global spillovers

5 May 2023
South Korean Minister of Economy and Finance Choo Kyung-ho says U.S.-China tensions and North Korean aggression make close ties with Japan even more crucial.
Japan-South Korea ties

Seoul, Tokyo can cooperate on energy: South Korea finance minister

U.S. allies look for ways to team up now that diplomatic ties are on the mend

4 May 2023
South Korean President Yoon Suk Yeol gave a speech at the opening ceremony of the ADB annual meeting in Incheon on Wednesday.
Climate Change

South Korea and ADB team up for climate change tech hub

Public-private platform in Seoul will support decarbonization in emerging markets

4 May 2023
Shinhan Financial Group is preparing to launch its first fund dedicated to startups from both Japan and South Korea.
Startups

Shinhan Financial to launch Japan-South Korea startup fund

Seoul-based group expands its Japanese footprint

3 May 2023
President Yoon Suk Yeol took office in May 2022 pledging to reduce regulation, increase innovation and boost wages but has mostly leaned on the central bank to revive growth. (Pool via Reuters)
Opinion

With omens improving, Yoon should get serious about reform

South Korea cannot just rely on central bank to propel growth

3 May 2023
Tourists from South Korea buy duty-free goods at Fukuoka Airport in January. (Photo by Shinya Sawai)
Japan-South Korea ties

Japan-South Korea thaw spreads to economy as finance chiefs meet

Tourism and trade enjoy major windfall after years of tensions

3 May 2023
Kim Yo Jong, sister of North Korean leader Kim Jong Un, says North Korea's exercise of self-defense will become stronger. (File photo by Reuters)
International relations

U.S.-South Korea pact risks a more aggressive North Korea

Pyongyang has lashed out at deal to deploy U.S. strategic assets to East Asia

2 May 2023
Apple CEO Tim Cook presents iPad and iPad mini models during an event at Apple Park, California, in September 2021. (Photo courtesy of Apple Inc.)
Electronics

Samsung and LG Display bet on OLED iPads and MacBooks

South Korean display makers hope to beat Chinese rivals to 'last growth market'

2 May 2023
Japanese Prime Minister Fumio Kishida has confirmed he is planning to visit South Korea.
International relations

Japan's Kishida to visit South Korea, likely in 1st half of May

Trip would come ahead of G-7 summit in Hiroshima later in month

29 April 2023
South Korean President Yoon Suk Yeol, left, and U.S. President Joe Biden at a news conference in Washington on April 26.
Biden's Asia policy

Yoon-Biden summit disappoints corporate South Korea

U.S. makes no visible concessions for chipmakers Samsung, SK Hynix

29 April 2023
The U.S. and South Korean air forces have conducted joint exercises involving B-52 strategic bombers. (Photo courtesy of South Korea's Ministry of National Defense)
Defense

U.S. considers landing bombers in South Korea: Air Force general

Wilsbach eyes trilateral drills with Seoul, Tokyo to address Pyongyang provocations

29 April 2023
Japan's Ministry of Economy, Trade and Industry is expected to announce soon that South Korea has been restored to the "Group A" list of countries eligible for preferential export treatment.
International relations

Japan to resume preferential trade status on exports to South Korea

Tokyo to put Seoul back on its 'Group A' list after 2019 downgrade

28 April 2023
Samsung Electronics is trying to weather a slump in demand for semiconductors, used in a wide variety of products including smartphones. 
Semiconductors

Samsung semiconductor division swings to $3.4bn loss in Q1

Tech giant says overall operating profit plunged 95.5%, similar to guidance

27 April 2023
U.S. President Joe Biden, right, and South Korean President Yoon Suk Yeol shake hands at the conclusion of a joint news conference at the White House in Washington, on April 26.
Biden's Asia policy

U.S.-South Korea atomic bond aims to scare Kim Jong Un

Biden, Yoon try to end uncertainty about use of nukes to defend South Korea

27 April 2023
South Korean President Yoon Suk Yeol and U.S. President Joe Biden at the White House on April 26, with first ladies Kim Keon Hee and Jill Biden.
Biden's Asia policy

North Korean nuclear attack would result in 'end' of regime: Biden

U.S. gives South Korea key role in deterrence against North at summit

27 April 2023
U.S. President Joe Biden and South Korean President Yoon Suk Yeol visit the Korean War Veterans Memorial in Washington on April 25.
Defense

U.S. to send nuclear ballistic sub to South Korea in show of force

Biden and Yoon bolster extended deterrence against Pyongyang's provocations

26 April 2023
SK Hynix and other semiconductor manufacturers are dealing with a slowdown in the industry. 
Semiconductors

SK Hynix operating loss widens in Q1 as chip downturn worsens

South Korean semiconductor manufacturer posts $2.5bn in red ink

26 April 2023
Toyota Motor displayed its concept electric vehicles at the Auto Shanghai 2023 show. (Photo by Takashi Kawakami)
Automobiles

Toyota supplier's $740m battery investment backs bold EV target

Panasonic joint venture will have capacity to supply 290,000 cars by 2026

26 April 2023
Hyundai Motor is betting big on electric vehciles, as it seeks to diversify its revenue sources.
Automobiles

Hyundai plans U.S. EV battery plant, posts Q1 profit jump

Georgia factory worth around $5bn to be built in JV with South Korea's SK On

25 April 2023