SEOUL -- An energy rally and a weak currency have driven South Korea's biggest electricity price hike in more than 40 years, putting pressure on manufacturers accustomed to a cost advantage over neighboring Japan.
Energy
South Korea industry faces biggest electricity price hike since 1980
Economy at turning point as energy rally and weak won drive up cost of power
Yoon Suk-yeol, now South Korea's president, announces a campaign pledge to resume nuclear power as he visits two reactors whose construction had been halted in the coastal county of Uljin, 330 kilometers southeast of Seoul, on Dec, 29, 2021. (Yonhap)
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