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Hard to be optimistic on US FX swap, not pessimistic on trade deal: S.Korean security adviser
South Korean National Security Adviser Wi Sung-lac (Courtesy of Yonhap) South Korea’s national security adviser said Monday that Washington is…
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Foreign investors offload $7.4 bn in Korean bonds on rate freeze bets, Forex uncertainty
The foreign change rate breaches 1,410 won per dollar last week, reaching the Korean currency’s weakest level in four months…
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Korean pharmaceuticals, another victim of Trump tariffs
A 3D-printed miniature model depicting US President Donald Trump, U.S. flag and word “Tariffs” in this illustration created on April…
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Korea’s finance chief says reaches FX deal with US, currency swap line pending
South Korean Finance Minister Koo Yoon-cheol (left) and Treasury Secretary Scott Bessent shake hands before a meeting in New York…
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Korean won sinks amid US investment jitters; Seoul plans 24-hour FX trading
The Korea won tumbled past 1,410 against the US dollar on Sept. 26, 2025 for the first time since May…
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Trump says S.Korea’s $350 bn US investment ‘up front’ as Lutnick asks Seoul to pay more
US President Donald Trump announces the Trump Gold Card, an investment immigration program, at the White House on Sept. 19,…
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S.Korea’s Lee presses US Treasury Secretary Bessent on ‘rational’ tariff deal, currency swap line
President Lee Jae Myung (right) talks with US Treasury Secretary Scott Bessent during their meeting at the South Korean permanent…
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S.Korea says no US investments until visa, currency swap issues resolved
South Korean Prime Minister Kim Min-seok South Korea has warned that unresolved visa disputes and currency swap issues with Washington…
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Seoul’s finance chief to discuss currency swap proposal with US Treasury Secretary Bessent
South Korea’s Finance Minister Koo Yoon-cheol NEW YORK – South Korea’s finance minister will hold talks with his US counterpart…
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BlackRock CEO in talks with Lee pledges support to make S.Korea ‘AI capital of Asia’
President Lee Jae Myung (center) poses for a photo with Bae Kyung-hoon (right), minister of science and ICT, and BlackRock…
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Lee says US push for $340 bn cash fund could trigger crisis like 1997
President Lee Jae Myung (right) waves as he boards Air Force One on Sept. 22 en route to the United…
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S.Korea’s APEC Gyeongju turns into unexpected venue for Trump, Xi meeting
Donald Trump and Xi Jinping at the G20 summit in Osaka in 2019 (Courtesy of Yonhap) US President Donald Trump…
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Lee to address UN general assembly; no bilateral meeting with Trump planned
South Korean President Lee Jae Myung (Courtesy of Presidential Office) South Korean President Lee Jae Myung will head to New…
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US officers tied us up and pointed guns at us, South Korean engineers tell BBC
When Youngjin looked out of his office window and saw armoured trucks and immigration enforcement officers running around with guns,…
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Trump to visit South Korea for APEC summit, meet President Lee
South Korean President Lee Jae Myung (left) took office in June 2025 US President Donald Trump will visit South Korea…
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Hanwha sets Busan, Philadelphia as twin hubs for MASGA US shipbuilding project
Jang Gwang-pil, vice president of HD Korea Shipbuilding & Offshore Engineering (HD KSOE) Future Technology Research Institute, unveils the company’s…
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S.Korea offers unlimited currency swap with US amid pressure over $350 bn fund
Kim Jung-kwan (center), South Korean minister of Trade, Industry and Energy, returns to Seoul on Sept. 14 from New York…
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POSCO tipped to become 1st Korean company to join Alaska LNG project
A glacier in Alaska POSCO International Corp. is tipped to become the first South Korean company to join the $45…
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Lutnick urges S.Korea to accept deal or face steep tariffs as trade talks stall
US Commerce Secretary Howard Lutnick (right) speaks at the White House in Washington, D.C., to announce TSMC’s investment in the…
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Detained Koreans returning home with assurance of no disadvantage for US re-entry
Foreign Minister Cho Hyun (right) and US Secretary of State Marco Rubio pose for a photo during their talks in…
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South Korea overtaken by Taiwan in monthly exports, weighed down by US tariffs
Taiwan’s monthly exports overtakeSouth Korea’s for the first time in August, 2025 with Seoul’s shipments weighed by US tariffs Taiwan’s…
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Seoul warns MASGA project at risk as $350 bn fund talks with Washington stall
Kim Yong-beom (left), the presidential chief of staff for policy South Korea’s negotiations with the US over the launch of…
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Eric Trump hails South Korea as Asia’s crypto market leader
Eric Trump, the second son of US President Donald Trump, on Tuesday hailed South Korea as the frontrunner in Asia’s…
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Samsung Biologics wins $1.3 bn US order, its second-largest ever
Samsung Biologics’ Bio Campus I in Incheon, South Korea (Courtesy of Samsung Biologics) Samsung Biologics Co. has clinched a 1.8…
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US likely to grant Samsung, SK Hynix conditional approval of chip equipment in China
SK Hynix’s memory chip production line in China The US government is considering allowing Samsung Electronics Co. and SK Hynix…
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S.Korean firms to overhaul US workforce supply; see delays, higher costs
Workers at the Hyundai Motor-LG Energy Solution battery JV in the US state of Georgia are raided and detained South…
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Korea’s major US investment projects halted as detained LG Energy workers set for release
Construction equipment is parked in front of the Hyundai Motor-LG Energy Solution joint battery plant in Ellabell, Georgia, following the…
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US raid on Hyundai-LG plant seen as 2026 midterm gambit
ICE leads a multi-agency operation at the construction site of the Hyundai Motor-LG Energy JV plant in Georgia on Sept.…
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Unsuccessful 2019 Navy SEAL mission left unarmed North Koreans dead
A 2019 mission in North Korea, which intended to have Navy SEALs plant an electronic device to intercept communications of…
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S.Korea seeks to join Japan-led CPTPP economic alliance amid Trump-era tariff risks
Finance Minister Koo Yoon-cheol (center) speaks at the economy-related ministers’ meeting on Sept. 3, 2025 South Korea is seeking to…
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S.Korea’s US exports tumble in August as tariff shocks set in
Hyundai Motor vehicles for export are loaded onto a car carrier ship at a seaport in Ulsan, South Korea South…
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APEC real estate, global utility: Cohen & Steers’ picks in economic downturn
Cohen & Steers President & Chief Investment Officer Jon Cheigh (File photo by Cohen & Steers) Cohen & Steers Inc.,…
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N.Korea’s Kim Jong Un to debut on multilateral diplomatic stage in China; summit with Xi, Putin likely
Chinese President Xi Jinping (left) talks with North Korean leader Kim Jong Un during his visit to a Pyongyang art…
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S.Korea-US summit yields no joint statement amid split on auto tariffs, MFN status
South Korean President Lee Jae Myung (left) in the Oval Office at the White House on Aug. 25, 2025 WASHINGTON…
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HD Hyundai Heavy to merge with Hyundai Mipo as MASGA gains traction
HD Hyundai Heavy’s shipyard in Ulsan, South Korea HD Hyundai Heavy Industries Co. said on Wednesday that it will merge…
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Hanwha raises bet on MASGA with $5 bn investment in Philly Shipyard
Kim Dong-kwan (far right), vice chairman of Hanwha Group, gives a welcome speech at Hanwha Philly Shipyard on Aug. 26,…
