South Korea's leader says trade deal remains unclear ahead of Trump's deadline

SEOUL, South Korea -- SEOUL, South Korea (AP) — South Korean President Lee Jae Myung said that it remained unclear whether Seoul and Washington could conclude their tariff negotiations by the deadline set by President Donald Trump for next week,...

South Korea president Lee says ‘doing utmost’ for trade deal with US

SEOUL - South Korea’s President Lee Jae-myung said on July 3 his administration was doing its “utmost” to secure a trade deal with the United States ahead of President Donald Trump’s deadline next week for imposing fresh country specific levies....

South Korea’s stock market is having a moment

SEOUL – Even as the K-pop heartthrobs of BTS plot their return to arenas worldwide after their military service, the hottest thing in South Korea lately has been its stock market. Global investors poured almost US$3 billion (S$3.8 billion) into...

South Korea president says 'doing utmost' for trade deal with US

SEOUL: South Korea's President Lee Jae Myung said on Thursday (Jul 3) his administration was doing its "utmost" to secure a trade deal with the United States ahead of President Donald Trump's deadline next week for imposing fresh country specific...

South Korea parliament approves president's nominee for PM Kim Min-seok

SEOUL (Reuters) -South Korea's parliament approved on Thursday the nominee for prime minister, Kim Min-seok, a veteran lawmaker and a political ally of President Lee Jae Myung, paving the way for the liberal leader to form a new cabinet after his...

South Korea's leader says trade deal with US remains unclear ahead of Trump's deadline

SEOUL – South Korean President Lee Jae Myung said that it remained unclear whether Seoul and Washington could conclude their tariff negotiations by the deadline set by President Donald Trump for next week, noting Thursday that both nations were...

South Korea's Exports Of Food, Agro Products Hit All-Time High

(MENAFN- IANS) Seoul, July 3 (IANS) South Korea's exports of agricultural and food products climbed to a record high in the first half on the growing popularity of Korean culture, the agriculture ministry said on Thursday.The combined outbound...

South Korea Plans Bold Spending To Revive Economy

Home Asia South Korea Plans Bold Spending To Revive Economy The president also said in his opening remarks that he was doing his best to achieve a "mutually beneficial and sustainable" outcome from trade negotiations with the United States. South...

South Korea Elects Liberal Candidate Lee Jae-Myung As New President

(MENAFN- Khaleej Times) South Korea's liberal party candidate, Lee Jae-myung, was elected president in Tuesday's snap election, six months to the day after he evaded military cordons to vote against a shock martial law decree imposed by his ousted...

South Korea's Lee pledges 'bold' economic policy after martial law crisis

By Josh Smith SEOUL (Reuters) -South Korean President Lee Jae Myung vowed on Thursday to implement a "bold" fiscal policy to boost a flagging economy after the country's martial law crisis and to tackle challenges posed by looming U.S. tariffs and...

South Korea Making Utmost Efforts On Tariff Talks With US Ahead Of Deadline

(MENAFN- IANS) Seoul, July 3 (IANS) President Lee Jae Myung said on Thursday the government has made utmost efforts on tariff negotiations with the United States, but he can't say whether the talks could be concluded by July 8, a deadline set by...

South Korea's Lee says deadline deal on US tariffs will be 'difficult'

SEOUL -- South Korean President Lee Jae Myung said Thursday it will likely be "difficult" to reach an agreement with the U.S. on looming tariffs by next week's deadline but added that he is pursuing a "win-win outcome" as he endeavors to restore...

South Korea's Financial News to open office in Việt Nam

South Korea’s leader says trade deal with US remains unclear ahead of Trump’s deadline

South Korea's Hyundai Rotem to sign K2 tank order worth $6.5bn with Poland

SEOUL (Reuters) -- Poland has completed negotiations with South Korea's Hyundai Rotem to receive a second batch of K2 tanks and plans to sign a contract, South Korea's defense procurement agency said on Wednesday. The specific size of the contract...

Who is Lee Jae-myung, South Korea's new president?

Lee Jae-myung has been elected as South Korea's new president, marking a dramatic reversal of fortunes just three years after his razor-thin defeat in the 2022 election. At 61, Lee's victory crowns a career forged far from the elite circles of...

Lee Says Unsure South Korea Can Land US Trade Deal by Deadline

(Bloomberg) -- South Korean President Lee Jae Myung said it remains unclear if trade talks between Seoul and Washington can result in a deal before next week’s deadline to avert sweeping tariffs from President Donald Trump. Most Read from...

Taiwan, South Korea and Japan also need to spend 5 percent on defence

There’s no shortage of measures that the United States’ major East Asian friends could spend an increased defence budget on. NATO allies of the US have agreed to allocate 5 percent of GDP to defence and related spending. With the growing risk of...

Millions Of 'Lovebugs' Swarm Hikers As South Korea Warms

(MENAFN- Khaleej Times) Residents in and around the South Korean capital Seoul are complaining about swarms of black insects dubbed "lovebugs" covering hiking trails and ambushing people, as rising temperatures due to climate change spur their...

Lovebugs Swarm South Korea