The imposition of a 25% tariff on South Korean imports by the US earlier this year had cast doubt on the future role of GM Korea as a production hub for the Chevrolet brand. The company produced …
Korea Zinc’s plan to build US smelter would benefit South Korea, minister says
South Korea’s industry minister said on Wednesday that Korea Zinc’s plan to build a U.S. smelter would help develop supply chains for critical minerals and added that Seoul could discuss whether the …
South Korean government cracking down on real estate fraud
The government of South Korea is cracking down on real estate fraud and other egregious activity in the industry. This week, the Office for Government Policy Coordination announced the opening of the …
South Korea’s ousted president Yoon plotted martial law to eliminate rivals, probe finds
Investigators have concluded that South Korea’s ousted President Yoon Suk Yeol plotted for over a year to impose martial law to eliminate rivals and monopolize power.
Ford cancels EV battery deal worth $6.5 billion with South Korea’s LG Energy Solution
South Korea’s LG Energy Solution said on Wednesday that Ford Motor has terminated an electric vehicle (EV) battery-supply deal worth about 9.6 trillion won ($6.50 billion).
Bentleys and Scottish salmon to benefit from UK-South Korea trade deal
DEC 16 – The UK and South Korea have finalised a trade deal aimed at boosting exports of luxury Bentley cars, Scottish salmon and Guinness canned in Kenya breaking news | Kenya news today | …
UK and South Korea strike trade deal
The South Korean deal is the latest in a series of post-Brexit trade agreements, but the independent budget forecaster, the OBR, has so far deemed deals done with those larger partners as unlikely to …
UK seals South Korea deal to trade 98% of goods tariff-free
It comes just weeks before a low- and zero-tariff agreement between the two countries was due to expire Read more at The Business Times.
South Korea nominee for media commission to seek social media curbs for teens
The nominee to head South Korea’s broadcast and media commission told parliament on Tuesday he would pursue imposing restrictions on social media use for teenagers, saying it was a priority as a means …
As US ramps up munitions production, South Korea and Australia want in
Hanwha Aerospace and Lockheed Martin are taking different routes to partake in the massive push to replenish America’s artillery shells and rockets.