New Finance Minister Vows to Put National Interests First in U.S. Tariff TalksFinance Minister Koo Yun-cheol emphasizes national interest in tariff talks with the U.S., planning a visit to Washington soon.
Koo Yun-cheol: The Man Tasked with Reviving South Korea's Economy and Trade RelationsKoo Yun-cheol is inaugurated as South Korea's Deputy Prime Minister and Finance Minister, addressing key economic reforms and US tariffs.
Seoul Stocks Soar as Foreign Investors Keep Buying Amid Trade TensionsSeoul shares rose as foreign buying continued, despite concerns over US tariffs, with the won strengthening against the dollar.
Unlocking Cash: South Korea's New Stimulus Coupons for Everyone!South Korea's stimulus coupon program aims to boost domestic spending, with details on eligibility and application now available.
Korea's Tariff Troubles: Could Negotiations Lower Costs for Exports?Korea could face US tariffs of 15-18% as it seeks a better trade deal, according to a former US trade official.
Seoul Stocks Dip as Trump’s Tariff Threat Looms Over InvestorsSeoul shares dipped as investors reacted to Trump's tariff threats, with the Korean won also declining against the dollar.
Korea's Tax Breaks: Will Your Extra Paycheck Survive?Korea's ruling party may extend a popular tax deduction to support over 12 million workers and boost private consumption.
Seoul's Luxury Apartment Sales Take a Hit: Cancellations Spike After Loan Cap!Canceled sales of high-value apartments in Seoul and surrounding areas rise after new loan cap by the Lee Jae Myung administration.
Gyeongju Hosts Major Economic Forum as APEC Summit Approaches!The Korea Chamber of Commerce and Industry launched its annual summer forum in Gyeongju, focusing on key economic discussions.
Seoul Stocks Stumble as U.S. Inflation Data Dashes Rate Cut HopesSeoul shares dipped as disappointing US inflation data led to reduced expectations for Federal Reserve rate cuts. The won also fell.
Young Workers Disappearing: South Korea's Job Market Shifts Away from 20-SomethingsSouth Korea's major companies see a decline in employees in their 20s, raising concerns about an aging workforce and youth job opportunities.
Leadership Gaps Stall South Korea's Ambitious Financial OverhaulThe Lee Jae Myung government is undergoing extensive reforms in Korea's financial agencies, facing complex negotiations and role delineation challenges.
China Just Cranked U.S. Tariffs to 84% — And That’s Not the End of ItChina imposes a 50% tariff on U.S. imports, escalating trade tensions and raising total tariffs to 84% amid retaliatory measures.
Hyundai Weighs Russian Factory Buyback Amid Market RecoveryHyundai may repurchase its Russian factory by year-end if market conditions improve, but economic and geopolitical challenges persist.
U.S. Blocks China’s Rare Earth Play in Greenland: Strategic Move or Economic Rivalry?The U.S. blocks China's takeover of Greenland's rare earth project, pressuring Tanbreeze Mining to partner with American firms instead.
LA Wildfires’ Economic Toll Hits $50 Billion, Doubling Early EstimatesLA wildfires' economic losses may reach $50 billion, impacting insurance claims and potentially raising premiums in California.
China Bracing for Trump’s Tariffs: Will They Really Be 20% Instead of 60%?Speculation rises that Trump's tariffs on China may average 20%, impacting GDP growth and prompting potential retaliation from China.
Biden Targets China, Russia with New Semiconductor Export LimitsThe Biden administration plans new semiconductor export restrictions for AI, easing rules for allies while tightening limits for adversaries.
Kim Jong Un Shifts Focus to Economy—No Mention of His Birthday in Recent NewsKim Jong Un inaugurated a local industrial factory in Jaryeong County, promoting the "20×10 Policy" for regional industrial development.
China Slams U.S. for Blocking Nippon Steel’s Acquisition, Calls It ProtectionismChina's state media criticized the US for blocking Japan's steel acquisition, labeling it as protectionism and a political maneuver.
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