“Stablecoins are surging like a tsunami, but we are fighting over who will run a small boat in the face of a tsunami,” Min Byung-duk, the lawmaker who proposed the legislation, said in a presentation at the National Assembly this week.
S. Korea, US finance chiefs to meet on eve of tariff deadline
Deputy Prime Minister and Finance Minister Koo Yoon-cheol will hold bilateral trade talks with U.S. Treasury Secretary Scott Bessent on July 31, one day before the U.S. deadline to impose a 25% reciprocal tariff on South Korean imports.
US-Japan trade deal gives Trump control over $550 billion in investments. It could be ‘vapor ware’ — and a model for other countries
Analysts at Bank of America said that the Japan deal “looks like a reasonable blueprint” for other auto-exporting countries like South Korea.
Renault Korea to appoint new CEO
Renault Group announced that it has appointed Nicolas Paris as the person to succeed Stephane Deblaise as the CEO of its South Korean manufacturing subsidiary, Renault Korea Motors Company, from September 2025.
South Korea reviewing various options to improve North Korea ties
South Korea is studying various plans to improve relations with North Korea, a spokesperson for South Korea’s Unification Ministry said on Monday, in response to a media report that Seoul is …
South Koreans face tighter homeownership rules as foreign buyers gain ground
By bno – Seoul Office Buying a home in South Korea is becoming increasingly impossible for many local residents, especially in the Seoul metropolitan area, as the government continues to tighten …
U.S.-South Korea trade talks delayed over Bessent’s schedule
U.S.- South Korea “2+2” trade talks scheduled for Friday were canceled due to the “urgent schedule” of U.S. Treasury Secretary Scott Bessent, the Ministry of Economy and Finance said. The 2+2 dialogue was scheduled to take place in Washington,
South Korea Jockeys for a Deal With Trump at Least as Good as Japan’s
The agreement Japan secured has added pressure on South Korea to defuse the threat of high tariffs on its exports to the United States.
U.S.-South Korea Trade Talks Postponed Amid Tariff Deadline Pressure
High-level trade talks between South Korea and the United States were abruptly canceled due to scheduling conflicts involving U.S. Treasury Secretary Scott Bessent, South Koreas Ministry of Finance …
South Korea Weighs US Investment Pledge to Trim Auto Tariff
The US and South Korea have discussed creating a fund to invest in American projects as part of a trade deal, similar to an agreement Japan struck Tuesday with President Donald Trump, people familiar …