Japan and South Korea may discuss this month the fate of a bilateral currency swap arrangement that expired years ago, Finance Minister Shunichi Suzuki said on Friday, while some officials expressed …
S.Korea salt demand grows before Fukushima wastewater release
STORY: Japan’s planned release of wastewater from the wrecked Fukushima nuclear plant in the summer is leading to a high demand for salt in South Korea, due to fears of contamination.Some shoppers are …
Navigating South Korea’s Plan for Preemption
South Korea has invested in systems designed to preempt North Korean nuclear launch and attack missiles before they are launched and the leadership and …
Business lobbies of S. Korea, Japan to work together on Busan expo bid
The chambers of commerce of South Korea and Japan agreed Friday to work together to promote Busan’s bid to host the 2030 World Expo, the Korea Chamber of Commerce and Industry said. The agreement was …
(LEAD) Biz chambers of S. Korea, Japan agree to cooperate on Busan expo bid
Business chambers of South Korea and Japan agreed Friday to work together to realize Seoul’s bid to host the 2030 World Expo and a successful opening of the same event in Osaka in 2025. The agreement …
South Korean inquiry to look into 237 more foreign adoptions suspected to have laundered origins
South Korea’s Truth and Reconciliation Commission said Thursday it will investigate 237 more cases of South Korean adoptees who suspect their family origins were manipulated to facilitate their …
South Korean company investing $18M in Georgia plant to make heaters for electric vehicles
A South Korean company is planning to hire more than a hundred Georgians at its new $18 million plant building heaters for electric vehicles.
(LEAD) S. Korea to revise down 2023 growth outlook from 1.6 pct: finance chief
The South Korean government is likely to slightly lower its 2023 growth outlook from the current 1.6 percent, the finance minister said Thursday, amid weak exports and a slower economic recovery. Finance Minister Choo Kyung-ho said the government plans to come up with a revised growth
U.S., South Korea seek to deepen ties as alliance marks 70 years
As the United States and South Korea celebrate their alliance’s 70th anniversary this year, they approach a pivotal juncture in their relationship.
Finance minister predicts trade surplus in Q4 on chip rebound, China reopening
Finance Minister Choo Kyung-ho on Thursday predicted South Korea’s trade balance is highly likely to turn surplus as early as in the fourth quarter, citing a rebound in chip prices and China’s …