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koreajoongangdaily
koreajoongangdaily. com > opinion > why-hesitate-on-nuclear-power-for-honam-chips > 12753078

Why is Seoul hesitating on power for Honam chips?

2+ hour, 57+ min ago  (177+ words) The government says existing nuclear and renewable power can support the proposed Honam semiconductor cluster, but chipmakers warn stable electricity will require more reactors. The challenge extends well beyond the Honam cluster. AI data centers planned across the country are…...

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koreajoongangdaily
koreajoongangdaily. com > opinion > can-gwangju-handle-southwestern-semiconductor-project > 12752982

Can Gwangju seize this huge semiconductor moment?

2+ hour, 57+ min ago  (433+ words) An 800 trillion won chip project in the area has raised hopes in Gwangju, but its success may hinge on whether the city can attract talent and build a livable, competitive ecosystem. The author is the deputy editor of Content Division…...

koreajoongangdaily
koreajoongangdaily. com > business > oil-poor-harvest-push-koreas-june-inflation-rate-up-32-percent > 12752335

Oil, poor harvest push Korea's June inflation rate up 3. 2 percent

5+ hour, 12+ min ago  (480+ words) Consumer prices rose at their fastest pace in two and a half years as oil surged on the Iran war and food costs climbed. Consumer prices rose3. 2 percent on year in June, the fastest pace in two and a half years,…...

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koreajoongangdaily
koreajoongangdaily. com > business > oil-and-a-poor-harvest-push-koreas-june-inflation-rate-to-32-percent > 12752335

Oil and a poor harvest push Korea's June inflation rate to 3. 2 percent

9+ hour, 44+ min ago  (483+ words) Consumer prices rose at their fastest pace in two and a half years as oil surged on the Iran war and food costs climbed on poor harvests. Consumer prices rose3. 2 percent on year in June, the fastest pace in two and…...

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koreajoongangdaily
koreajoongangdaily. com > business > inflation-expected-to-drop-on-price-stabilization-measures-eased-iran-tensions > 12751973

Inflation expected to drop on price stabilization measures, eased Iran tensions

12+ hour, 49+ min ago  (299+ words) The central bank expects pressure to cool as lower oil prices and government policies offset recent stress from fuel and food costs. Inflation is expected to ease in July from the previous month, supported by the government's efforts to stabilize…...

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koreajoongangdaily
koreajoongangdaily. com > business > consumer-price-surge-hits-30month-high-in-june-on-middle-east-wars-impact > 12751350

Consumer price surge hits 30-month high in June on Middle East war's impact

14+ hour, 27+ min ago  (393+ words) Consumer prices rose 3. 2 percent in June as fuel costs skyrocketed, marking the fastest inflation pace since December 2023. Korea's consumer prices rose more than 3 percent from a year earlier for two straight months in June, reflecting the lingering impact of the…...

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koreajoongangdaily
koreajoongangdaily. com > opinion > dont-weaken-competition-principles-to-boost-small-businesses-bargaining-power > 12750594

Small firms gain leverage, but at what cost?

1+ day, 2+ hour ago  (398+ words) Korea's push to let small businesses bargain collectively against large firms aims to curb unfair pressure but raises concerns about higher prices and weaker competition. The government plans to allow small business owners and small- and medium-sized enterprises (SMEs) to…...

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koreajoongangdaily
koreajoongangdaily. com > business > government-denies-rumor-it-ordered-samsung-sk-hynix-to-scrap-bonus-deals > 12749997

Government denies rumor it ordered Samsung, SK hynix to scrap bonus deals

1+ day, 7+ hour ago  (370+ words) The Labor and Industry Ministries say viral claims that they ordered Samsung Electronics and SK hynix to scrap performance bonus deals for a profit-sharing scheme are false. Two government ministries have dismissed the viral claim that the country ordered Samsung…...

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koreajoongangdaily
koreajoongangdaily. com > business > homepluss-hail-mary > 12748206

Homeplus submits revised rehabilitation plan as store closures and online order suspensions loom

2+ day, 8+ hour ago  (118+ words) A Homeplus branch in Seoul on June 30. The discount mart chain submitted revised rehabilitation plans to the Seoul Bankruptcy Court. Samsung Electronics" largest labor union renewed confidence in its chairman after a contentious wage deal, as he pledged separate bargaining…...

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