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Tag: South Korea

Posted on August 21, 2026

South Korean president heads to China, hoping to sidestep Taiwan tensions

SEOUL — South Korea’s President Lee Jae Myung left for China on Sunday, eager to boost economic ties with Seoul’s largest trading partner while keeping a lid on potentially explosive issues such as …
Posted on August 21, 2026

South Korea’s top banks post record KRW11.3 trillion profit as household-loan curbs bite

By Ben Aris in Berlin South Korea’s biggest banks are making more money than ever – and their regulators are pleading with them to stop lending to one of the rich world’s heaviest household debt …
Posted on August 21, 2026

South Korea bank loyalty market expanding to $2.6bn

By IntelliNews – Seoul Bureau South Korea’s retail bank loyalty market will grow to $2.6bn by 2035, Spherical Insights & Consulting reported. The market was valued at $1.2bn in 2024, according to Asia …
Posted on August 20, 2026

South Korea’s Arctic route trial voyage faces Western criticism over sanctions risks

Western media, including Reuters, reported on the 20th that South Korea’s government-led Arctic route demonstration project has drawn criticism from Western countries over potential violations of …
Posted on August 20, 2026

China urges South Korea not to take sides and blames U.S. policy for Korea tensions

The U.S. should abandon its “hostile” policy toward North Korea, Chinese Foreign Minister Wang Yi said during his first official trip to South Korea in five years.
Posted on August 19, 2026

Why Is South Korea’s Won Rising While Its Chip Stocks Collapse?

Korea’s won broke below 1,400 per dollar on Wednesday, its strongest since September 30, as the KOSPI sank 5%.
Posted on August 18, 2026

Trump threatens U.S. ally Oman over Strait of Hormuz as Iran peace deal deadline slips

The president said yesterday the U.S. would scale back imminent military exercises with South Korea in deference to Kim Jong Un.
Posted on August 17, 2026

South Korea, US continue talks on investment commitment – report

An official at South Korea’s presidential office said discussions with the US are taking place through various channels and that the government is addressing bilateral trade issues through frequent …
Posted on August 17, 2026

South Korea signs MoU for 320MW green hydrogen complex

Plans for a large-scale green hydrogen complex at Saemangeum in South Korea have been announced following a memorandum of understanding (MoU) between Korea South-East Power (KOEN) and the Saemangeum …
Posted on August 17, 2026

Trump says US will reduce military exercises with South Korea, citing lack of help with Iran

US President Donald Trump announced Sunday that the United States would reduce military exercises it conducts with key regional ally South Korea, citing his positive relationship with North Korean …

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