Will Trump’s Trade Promises Slam South Korea’s Exports? Bank of Korea Thinks SoThe Bank of Korea warns that Donald Trump's election could harm South Korea's export market, citing trade condition changes.
U.S. Deputy Secretary Calls for Ban on Samsung’s and SK Hynix’s High-Tech Memory in ChinaThe U.S. government mentioned the potential export ban on high-bandwidth memory (HBM) produced by Samsung Electronics and SK Hynix in China.
Chinese Steel Exports Drive Iron Ore Prices to New LowsChinese steel companies boost low-cost exports due to domestic demand slowdown, pressuring global markets and iron ore prices.
North Korea Cashes in on Wigs: Record-Breaking $100 Million in SalesNorth Korea's wig exports have soared to over $100 million in the first half of this year, setting a new record.
Turkish Exports to Israel Plunge by 99% Amid Humanitarian StandoffAccording to preliminary data from Türkiye's leading exporter's association, shipments to Israel fell by 99%, recording $4.4 million.
Fruit Fury: Koreans Outraged Over Cheap U.S. Apple PricesIn Korea, apples are so expensive that they are called “golden apples.” While in the U.S., they are being sold for less than $2, sparking outrage among Korean consumers. Recently, a post titled “Current State of Apples that Used to Cost $7.32 Each” appeared on an online community, along with a picture presumed to be […]
Hyundai's Game-Changer: India as a Global Export HubChung Eui Sun, Chairman of Hyundai Motor Group, highlighted India’s strategic importance, stating, “We will continue to develop India as a global export hub as we expand our business into Asia, the Middle East, Africa, and other regions.” He also emphasized, “The Indian region has been pivotal in propelling the growth of Hyundai Motor Group, […]
US and Australia Struggle as China Cancels Wheat OrdersChicago wheat futures prices have fallen by 10% since the start of the yearChina cancels order for 504,000 tons of U.S. wheatFood Security Law to take effect in JunePressure to curb grain imports increases Wheat prices have plummeted as China, the world’s largest grain importer, recently canceled large wheat orders from the U.S. and Australia. […]
Japan's Defense Export Revolution: A Game Changer in Global Politics? - Part 3“The surge in South Korea’s K-defense exports stimulates Japan” The reason Japanese defense companies are aggressively launching sales is not only due to the strong will of the Japanese government to export defense equipment but also due to the changes in the rapidly growing global defense market after the Ukraine war. For example, in the […]
Japan's Defense Export Revolution: A Game Changer in Global Politics? - Part 2Japan’s First Offensive Weapon Export After World War II The South Korean defense industry interprets Japan’s move as an intention to curb the Korean defense industry as the boom in the South Korean defense industry intensifies, along with Japan’s transition to a normal country. Since the Ukraine war, countries worldwide have been increasing their defense […]
Japan's Defense Export Revolution: A Game Changer in Global Politics? - Part 1Japan, which has had strictly limited arms exports since its defeat in World War II, is accelerating its defense exports. According to Japanese media, Japan announced a plan to approve the export of the sixth-generation advanced fighter jet being jointly developed with the UK and Italy at a cabinet meeting on March 26. Consequently, Japan […]
China Eases Data Export Restrictions to Attract Foreign InvestmentChinese authorities have decided to ease some rules on companies sending data abroad. This change seems like a reaction to complaints that several rules, like data export limits and security steps, have been too much for foreign investors. It’s led some to leave China altogether. On March 24th (local time), Chinese media outlets like the […]
Next Generation Fighter: KAI Unveils Plans for Single-Seat FA-50 DevelopmentWill KAI Build a Single-Seat Fighter F-50?Investing $29.7 million in FA-50 Single-Seater Development Korea Aerospace Industries (KAI) announced at a board meeting held on the 7th that it will invest $29.7 million in developing a single-seat FA-50 light attack aircraft. KAI plans to expand its portfolio by developing a single-seat version of the FA-50, KAI’s […]
How China's Self-Development is Reshaping the Global Arms MarketChina’s weapon imports have significantly decreased. As China’s ability to develop weapons has improved, it appears to accelerate its domestication. On the 11th, the South China Morning Post (SCMP) in Hong Kong, citing a report from the Stockholm International Peace Research Institute (SIPRI), reported that China’s weapon imports from 2019 to 2023 decreased by 44% […]
Korean Products Soaring High on Amazon: Find Out the Must-HavesThe Korean Wave goes digital with K-dramas, webtoons, and K-products like Konny Baby Carrier making waves on Amazon.
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