Sept 10 (Reuters) – The South Korean government is preparing to announce a major energy investment project in the United States worth more than $100 billion aimed at boosting artificial intelligence …
How Japan, South Korea are building up naval capabilities for China threat
SINGAPORE — As China dwarfs other Pacific nations with its naval expansion in terms of raw tonnage, number of hulls and the amount of capabilities hitting the sea, US allies Japan and South Korea are …
Will South Korea follow through on $350bn deal with Trump?
The commitment came as part of last year’s agreement to reduce Trump’s tariffs on South Korean goods from a threatened level of 25 per cent to 15 per cent. Seoul also agreed to invest $150bn in …
A giant Texas gas plant could draw billions from South Korea
South Korea could pour $22.3 billion into a Texas gas plant built to power America’s rapidly growing AI data center boom …
South Korea’s power demand set to soar on AI boom as nation weighs expanding nuclear energy
By Heejin Kim SEOUL, Sept 8 (Reuters) – South Korea’s demand for power in the coming years is set to surge on plans by chipmakers Samsung Electronics and SK Hynix to expand production and the building …
South Korea exports surpass full-year record, hit $709.4 billion YTD
SEOUL, Sept 5 (Reuters) – South Korea’s exports have reached $709.4 billion so far this year, surpassing last year’s annual record, the customs office said on Saturday, as the economy rides high on …
South Korea reviewing military options for Hormuz, no decision made, official says
By Heejin Kim and Kyu-seok Shim SEOUL, Sept 4 (Reuters) – South Korea is reviewing options, including military measures, to support freedom of navigation in the Strait of Hormuz, the presidential …
South Korea prepares Hormuz military deployment, media reports say
SEOUL, Sept 4 (Reuters) – South Korea is preparing to deploy military assets to support freedom of navigation in the Strait of Hormuz and aims to dispatch them before the end of the year, media …
South Korea eases property tax plan as Seoul owners weigh sales
Seoul homeowners are reassessing sales after South Korea softened a property-tax proposal, while price gains spread to less costly districts.
South Korean finance minister nominee vows to advance AI projects
SEOUL, Sept 2 (Reuters) – South Korea’s finance minister nominee vowed on Wednesday to quickly proceed with “mega projects” for AI investments and actively utilise policy capacity from a global chip …