{"id":4804,"date":"2023-04-10T05:51:19","date_gmt":"2023-04-10T05:51:19","guid":{"rendered":"http:\/\/lynettelockhart.com\/client\/s-koreas-yoon-calls-strategy\/"},"modified":"2023-04-10T05:56:04","modified_gmt":"2023-04-10T05:56:04","slug":"s-koreas-yoon-calls-strategy","status":"publish","type":"post","link":"http:\/\/lynettelockhart.com\/client\/s-koreas-yoon-calls-strategy\/","title":{"rendered":"S.Korea&#8217;s Yoon calls strategy meeting to boost chip, battery sectors"},"content":{"rendered":"<p>SEOUL (Reuters) &#8211;     South Korean President Yoon Suk Yeol ordered on Monday a national strategy meeting to boost the competitiveness of the country&#8217;s rechargeable battery and semiconductor sectors, a presidential spokesperson said. <\/p>\n<p>The spokesperson did not provide further details, but the comment came a day before the country&#8217;s central bank is widely expected to leave the interest rates steady for a second consecutive meeting on Tuesday to support the slowing economy.<\/p>\n<p>South Korea&#8217;s economy, heavily dependent on trade and chip exports, has been decelerating in the face of a weakening global economy and still-sluggish demand from neighbouring China. Local consumers are also holding back on spending after interest rate rises.<\/p>\n<p>South Korean battery and chip shares rallied in early trade on Monday. LG Energy Solution shares were up 2.76% as of 2:36 p.m.(0536 GMT) compared to the wider KOSPI&#8217;s 0.94% rise, while SK Hynix shares saw a 2.58% jump.<\/p>\n<p \/>\n<p> (Reporting by Choonsik Yoo and Hyunsu Yim; Editing by Tom Hogue and Jamie Freed)<\/p>\n<p><a href=\"http:\/\/lynettelockhart.com\/client\/s-koreas-yoon-calls-strategy\/file-photo-south-koreas-president-yoon-suk-yeol-delivers-a\/\"><img decoding=\"async\" src=\"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ39044-VIEWIMAGE.jpg\" alt=\"tagreuters.com2023binary_LYNXMPEJ39044-VIEWIMAGE\"><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>SEOUL (Reuters) &#8211; South Korean President Yoon Suk Yeol ordered on Monday a national strategy meeting to boost the competitiveness of the country&#8217;s rechargeable battery and semiconductor sectors, a presidential spokesperson said. The spokesperson did not provide further details, but the comment came a day before the country&#8217;s central bank is widely expected to leave [&hellip;]<\/p>\n","protected":false},"author":8,"featured_media":4805,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"spay_email":"","footnotes":""},"categories":[1220],"tags":[],"class_list":["post-4804","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-u-s-technology"],"jetpack_featured_media_url":"http:\/\/lynettelockhart.com\/client\/wp-content\/uploads\/Reuters_Direct_Media\/USOnlineReportTechnologyNews\/tagreuters.com2023binary_LYNXMPEJ39044-VIEWIMAGE.jpg","_links":{"self":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/4804","targetHints":{"allow":["GET"]}}],"collection":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/users\/8"}],"replies":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/comments?post=4804"}],"version-history":[{"count":1,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/4804\/revisions"}],"predecessor-version":[{"id":4806,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/posts\/4804\/revisions\/4806"}],"wp:featuredmedia":[{"embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media\/4805"}],"wp:attachment":[{"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/media?parent=4804"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/categories?post=4804"},{"taxonomy":"post_tag","embeddable":true,"href":"http:\/\/lynettelockhart.com\/client\/wp-json\/wp\/v2\/tags?post=4804"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}