trending Market Intelligence /marketintelligence/en/news-insights/trending/gfNwnqcPMKAtjpNHW4LfmQ2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Report: South Korea commits 7.8 trillion won in R&D amid tensions with Japan

Part Two IFRS 9 Blog Series: The Need to Upgrade Analytical Tools

Digital Banking Battles Will Play Out In Southeast Asias Shopping Cart

Street Talk Episode 56 - Latest bank MOE shows even the strong need scale to thrive

South State CenterState MOE Shows Even The Strong Need Scale To Thrive


Report: South Korea commits 7.8 trillion won in R&D amid tensions with Japan

South Korea committed about 7.8 trillion won in research and development to stabilize supplies of technology materials amid a worsening dispute with Japan, Reuters reported, citing a press briefing of South Korea's Industry Minister Sung Yun-mo.

The investment, to be made over seven years, will help improve South Korea's "self-sufficiency" for 100 key components and materials used to develop chips, displays and automobiles, among other things. The South Korean government has also reserved more than 2.5 trillion won in financing support for overseas deals, according to the report.

The move comes after Japan and South Korea decided to remove each other from their respective white list of favored trading partners amid escalating tensions over a court case involving compensation for forced labor during World War II.

In July, Japan imposed stricter controls over the export of high-tech technology materials to South Korea.

As of Aug. 2, US$1 was equivalent to 1,203.98 South Korean won.