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Last updated: 21 May, 2025  
 Global Business


South Korea to develop hydrogen-based steelmaking technology by 2030
IANS | 26 Jun, 2025
South Korea will push to develop hydrogen-based steelmaking technology by 2030 to support the local steel industry's efforts to bolster its global competitiveness and achieve carbon neutrality, the industry ministry said on Thursday.
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Consumer sentiment hits 4-year high in June: BOK
Staff Reporter | 24 Jun, 2025
South Korea's consumer sentiment rose to a four-year high in June, driven by eased political uncertainties and optimism over the government's supplementary budget and other supportive measures, the central bank said on Tuesday.
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US Fed to wait for meaningful signs of weakness before rate cut: Experts
IANS | 19 Jun, 2025
The US Federal Open Market Committee’s (FOMC) decision to maintain the federal funds rate at 4.25-4.5 per cent is appreciable, given the persisting geopolitical volatilities, trade uncertainties and the US administration's decision on a 90-day tariff pause, economists and industry experts said on Thursday.
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South Korea vows enhanced market monitoring, swift responses amid Mideast crisis
IANS | 19 Jun, 2025
The government will enhance monitoring of the economy and financial markets and devise appropriate responses based on contingency plans amid escalating tensions in the Middle East, the finance ministry here said on Thursday.
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Auto exports down in South Korea on US import tariffs
IANS | 17 Jun, 2025
South Korea's car exports shrank more than 4 per cent from a year earlier in May as outbound shipments to the United States sharply dropped on Washington's hefty tariffs on imported vehicles, data showed on Tuesday.
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South Korea's largest AI data centre on the anvil
IANS | 16 Jun, 2025
SK Group, a South Korean chip-to-construction conglomerate, said on Monday it plans to build the country's largest artificial intelligence (AI) data centre in partnership with Amazon Web Services (AWS).
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South Korea's economy shrinks 0.2 pc in Q1
IANS | 05 Jun, 2025
The South Korean economy contracted 0.2 per cent in the first quarter of this year, unchanged from an earlier estimate, central bank data showed Thursday, due mainly to a domestic political crisis and uncertainties stemming from U.S. President Donald Trump's administration's aggressive tariff scheme
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Reviving economy top agenda for Lee amid US tariffs, weak domestic demand
IANS | 04 Jun, 2025
Facing the dual challenges of the United States' aggressive tariff scheme and sluggish domestic demand, President-elect Lee Jae-myung is expected to prioritise securing a favourable trade deal with Washington and implementing measures to revitalise the stagnant economy through supplementary budgets and the promotion of advanced industries, experts said on Wednesday.
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41 conglomerates under tight scrutiny on heavy debts: South Korea
IANS | 29 May, 2025
South Korea's financial watchdog said on Thursday it has placed 41 highly indebted conglomerates under closer watch for debt reductions.
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US calls for 'fair and reciprocal' trade access in talks with India
IANS | 29 May, 2025
A senior US diplomat stressed the importance of "fair and reciprocal market access" in discussions with his Indian counterpart, who came amidst ongoing talks on a trade agreement between the two sides.
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UK Pound
106.35
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Euro
92.50
89.35
Japanese Yen 55.05 53.40
As on 12 Oct, 2024
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