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Tag: South Korea

Posted on April 3, 2026

South Korea, France to upgrade ties to strategic partnership, Blue House says

SEOUL, April 3 – South Korean President Lee Jae Myung and French President Emmanuel Macron are set to upgrade relations between the countries to a “global strategic partnership,” Korea’s Blue House …
Posted on April 2, 2026

Iran War Showcases Strength of South Korean Defense Sector

Missile interceptors made by the South Korean firm LIG Nex1 are said to be performing well, at a small fraction of the cost of U.S. interceptors.
Posted on April 2, 2026

South Korea and Indonesia discuss energy security, sign agreements on minerals and tech

SEOUL, April 1 – South Korean President Lee Jae Myung held talks on Wednesday with Indonesian leader Prabowo Subianto, discussing energy security and agreeing to expand cooperation in areas such as …
Posted on April 1, 2026

South Korea’s Lee: more active response needed on energy situation

SEOUL, March 31 (Reuters) – South Korea plans to respond more vigorously to the energy supply situation stemming from the war in Iran and may consider emergency fiscal measures, President Lee Jae …
Posted on April 1, 2026

South Korea, Indonesia sign agreements on minerals, tech and finance during Prabowo visit

SEOUL, April 1 – South Korean President Lee Jae Myung held talks in Seoul on Wednesday with Indonesian leader Prabowo Subianto, where they agreed to expand cooperation on critical minerals, technology …
Posted on March 31, 2026

South Korea to start crude oil swap with local refiners, ministry says

SEOUL, March 31 (Reuters) – South Korea will introduce a policy allowing oil refiners to swap crude supply from its national reserve, a spokesperson from the industry ministry said on Tuesday. The …
Posted on March 30, 2026

South Korea considers nationwide driving curbs as oil prices soar

By Kyu-seok Shim SEOUL, March 30 (Reuters) – South Korea is considering extending driving curbs to the general public if global oil prices climb further, senior officials said, as authorities seek to …
Posted on March 30, 2026

Philippines declares ‘national energy emergency’ as Iran war poses ‘imminent danger’ — now it must lean on coal. Does the US face the same shockwave?

No. America produces more oil than any country on earth and has abundant natural gas. It’s not facing the existential supply crisis forcing the Philippines to uncap coal plants, South Korea to restart …
Posted on March 30, 2026

South Korea weighs first driving curbs in 35 years on oil crunch

SEOUL: South Korea may widen restrictions on driving to include the general public if oil prices breach US$120 a barrel as it seeks to cushion the impact of the Iran war on its energy supplies, the …
Posted on March 29, 2026

Regulatory Backlash: $110B in Outflows Forces South Korea to Rethink Crypto Tax

South Korea’s political deadlock over virtual asset taxation has broken under the weight of market reality. Lawmakers from both major parties have agreed to delay the planned 20% Crypto Tax on gains …

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