President Lee: Businesses at center of policy priorities for economic growth
South Korean President Lee Jae-myung on Friday pledged strong government support for the country’s businesses, while emphasizing the need for ...
Markets in honeymoon with Lee: Kospi, won rally; bond yields spike
South Korea’s financial markets showed strong gains on Thursday, with shares surging to an 11-month high and the won hitting a seven-month hig...
US considers withdrawing thousands of troops from South Korea
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Hanwha Philly Shipyard to localize LNG builds, expand capacity
Hanwha Group will significantly increase production capacity at its US shipyard from 1.5 vessels to 10 per year as it aims to transform the facility...
South Korea asks US for tailored approach to chip tariffs
South Korea has officially requested that the US take a distinct approach in its ongoing probe into foreign semiconductor technology and related dow...
S.Korea plans $1.2 bn forex bond issue after presidential election
South Korea plans to issue up to $1.2 billion in foreign exchange stabilization bonds as early as June, in what would mark the new administration&rs...
Biden exempts graphite from EV mineral sourcing rule in win for Korea
WASHINGTON, D.C. – The US government has given automakers additional flexibility on battery mineral requirements, allowing electric vehicles w...
KASA, Korea’s NASA, embarks on hunt for space talent
South Korea seeking to join the global space power club is set to recruit about 120 local and foreign space experts for the country’s space ag...
Trump confidant Arkansas Gov. Sanders in Seoul for trade talks
Sarah Elizabeth Huckabee Sanders, Arkansas governor and long-time confidant of former US President Donald Trump, has shown firm support for her form...
HK inno.N reveals differentiated clinical results for K-CAB
South Korean bio-health company HK inno.N has been expanding its market by steadily announcing differentiated clinical results for its gastroesophag...
ISU Abxis gets patent for Alzheimer drug candidate in Taiwan
South Korea's ISU Abxis Co. announced on Friday that its Alzheimer's treatment candidate ISU203 has received a substance patent registration decisio...
Lunit participates in US gov't Cancer Moonshot
South Korea's medical AI company Lunit announced on Friday it will participate in the US President Joe Biden's cancer-conquering project Cancer Moon...
Sejong City to cooperate with Northern Ireland in smart city, cybersecurity
South Korea's Sejong Special Self-Governing City will pursue economic exchange with Northern Ireland and cooperation in cybersecurity research with ...
Prestige Biopharma participates in US gov’t Cancer Moonshot
Prestige Biopharma, a Singapore-based biopharmaceutical company with operations in South Korea and the US, announced on Tuesday that it will partici...
Celltrion’s Remsima SC praised in Europe as preferred biosimilar
MILAN – South Korea's biopharmaceutical company Celltrion Inc. is known in Europe for its biosimilar products such as autoimmune disease treat...
Seoul, Washington seek to release $7 bn Iranian funds frozen in S.Korea
South Korea and the US are discussing ways to release $7 billion worth of Iranian funds held in the Asian country as Seoul and Washington seek to im...
SpaceX pushes back Starlink's S.Korea launch to Q4
Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...
S.Korea, Boeing tie up for develop future advanced weapons
The Korean Defense Acquisition Program Administration (DAPA) teams up with major US defense contractor Boeing to conduct research and development on...
Yoon’s US visit to test Biden’s trust as ally over chip, battery issues
South Korean President Yoon Suk Yeol’s summit meeting with his US counterpart Joe Biden next month will celebrate 70 years of the Korea-US sec...
Hanwha hires former Biden confidant as US government affairs chief
WASHINGTON D.C. – South Korea’s chemicals-to-defense conglomerate Hanwha Group has hired Danny O’Brien, a top aide to US President...
Samsung, SK Hynix face cap on tech level of chips made in China
WASHINGTON D.C. – Samsung Electronics Co. and SK Hynix Inc., the world’s two largest memory chipmakers, might be unable to manufacture a...
Biden must ensure US allies aren’t China collateral damage
The biggest irony about China-US relations today is just how much Xi Jinping misses Donald Trump. China’s leader would never admit this. ...
Bluecove buys Grand Hyatt Seoul for over $565 million
South Korean real estate firm Bluecove Investment has signed an agreement to acquire five-star hotel Grand Hyatt Seoul for more than 700 billion won...
Biden hails SK Siltron’s investment in Michigan as 'game changer'
BAY CITY, Michigan – For the first time since taking office, United States President Joe Biden toured a US subsidiary of South Korean conglome...
Korean won rebounds on estimated $2 bn intervention
The South Korean won rebounded on Friday as the foreign exchange authorities were suspected of selling some $2 billion, showing its determination to...
Biden’s move to beef up US bio industry poses threat to Korean firms
President Joe Biden’s plan to support the US biomanufacturing infrastructure aimed at containing China’s clout is posing a threat to Sou...
Biden and leaders of Japan and South Korea pledge greater cooperation
President Biden met with the heads of Japan and South Korea—the first such gathering between the three countries’ leaders in nearly five...
North Korea fires three missiles after Biden ends Asia trip
TOKYO — North Korea fired a suspected intercontinental ballistic missile early Wednesday that flew only briefly before landing in the sea east o...
Yoon, Biden highlight 'economic security alliance' following Samsung tour
South Korean President Yoon Suk-yeol and visiting US President Joe Biden emphasized the two countries' iron-clad commitment to economic security all...
Following Japan’s economic decline
When it comes to the economy, would it be faster for South Korea to surpass Japan or be surpassed by Taiwan?Recently, all eyes are on the three East...
