India and South Korea have agreed to fast-track and upgrade the Comprehensive Economic Partnership Agreement (CEPA) by addressing issues around non-tariff barriers and rules of origin to move towards …
North Korea launches another ballistic missile as US, South Korea prepare for military drills
North Korea’s second ballistic missile launch in less than a week comes as the U.S. and South Korea prepare for Ulchi Freedom Shield exercises.
South Korea Plans $3.5 Billion Fund for Chip Suppliers and Fabless Firms
South Korea plans a $3.5 billion semiconductor fund for suppliers and chip designers, while power, water, and land remain major challenges. The South Korean government will launch a 5 trillion won …
South Korea’s football body rocked by historic allegations it bought ‘sexual services’ for referees
The governing body of football in South Korea has issued a public apology after a bombshell report alleged that it had spent thousands of dollars on sexual services for foreign referees before or …
Taiwan, South Korea drive Asian equity outflows in July as AI worries bite
Aug 11 (Reuters) – Foreign investors sold Asian equities on a net basis for a ninth consecutive month in July, with heavy selling in Taiwan and South Korea as concerns over AI spending and chip demand …
South Korea, US to conduct military drills amid evolving North Korea threats
By Joyce Lee SEOUL, Aug 10 (Reuters) – South Korea and the United States will conduct major joint military drills from August 17 to 27, incorporating exercises to counter drones, GPS disruption and …
U.S., South Korea to launch major joint military exercise Aug. 17
The United States and South Korea will kick off a major joint military exercise next week, both countries announced Monday, as they prepare for evolving North Korean threats.
Jollibee opens 1st Compose Coffee store in Philippines
MANILA, Philippines — South Korean coffee brand Compose Coffee has officially entered the Philippine market as the Jollibee Group opened the brand’s first store in the country. The opening of Compose …
South Korea to launch $3.5 billion chip fund, speed development of semiconductor hubs
By Kyu-seok Shim and Heejin Kim SEOUL, Aug 10 (Reuters) – South Korea will launch a 5 trillion won ($3.52 billion) semiconductor fund targeting promising chip materials, parts, equipment and fabless …
U.S. Patriot shortage raises air-defense concerns in South Korea
Heavy Patriot use in the Iran war is depleting U.S. interceptor stocks and raising concerns about missile defenses in South Korea and Asia.