Wyndham Hotels & Resorts has increased its presence in South Korea by launching its first managed hotel and initiating two new development projects. The company has opened the Wyndham Goseong Gangwon, …
Scott Bessent warns South Korean won’s weakness ‘not in line’ with economy
The US Treasury secretary has criticised weakness in the Korean won, saying its depreciation is “not in line” with the country’s “strong economic fundamentals” and adding to concerns about the …
Xi hails ‘turnaround’ in China-Canada ties as Carney visits Beijing
There’s been a “turnaround of ties” between China and Canada, says Xi Jinping, since he met Carney at the annual Asia-Pacific Economic Cooperation summit in South Korea late last year. On Thursday, …
South Korea outlines plan to channel 25% of state budget into crypto by 2030
The South Korean government plans to allocate 25% of its $499.2 billion (728T Won) through digital assets by 2030.
Top South Korean business executives’ visit to China attracts broad attention
South Korean President Lee Jae-myung has reportedly brought a huge delegation of about 200 business leaders on his ongoing state visit to China. Among them, the participation of the heads of the four …
Chinese, S.Korean firms eye co-op potential in tech, cultural fields at business forum
The China-South Korea Business Forum was held on Monday, a supporting activity for South Korean President Lee Jae-myung’s state visit to China from Sunday to Wednesday. Participants told the Global …
China and South Korea pledge to bolster ties as regional tensions rise
South Korea and China have pledged to boost trade and safeguard regional stability. This announcement came during South Korean President Lee Jae Myung’s visit to Beijing on Monday.
This Vietnamese town boomed as factories left China. Now it’s asking what’s next?
The economy has profited from friction between Washington and Beijing as factories shifted out of China, joining earlier waves of foreign investment by the Japanese and South Koreans that have made …
Popular South Korean movie star Ahn Sung-ki, dubbed ‘The Nation’s Actor,’ dies at 74
A Seoul hospital says prominent South Korean movie star Ahn Sung-ki has died at age 74. He had been fighting blood cancer for years.
North Korea launches ballistic missiles hours before South Korean president’s trip to China
South Korea’s Joint Chiefs of Staff said in a statement it detected several ballistic missile launches from North Korea’s capital region around 7:50 a.m. It stated that the missiles flew approximately …