HD Hyundai Heavy Industries, South Korea’s largest shipbuilder, last month announced a partnership with a company in the U.S.-based Edison Chouest Offshore group. The companies plan to build container …
Analysis: Can Woori Financial break into Korea’s top ranks?
South Korea’s Woori Financial Group has officially acquired two South Korean life insurance companies, Tongyang and ABL, from China’s Dajia Insurance Group for $1.1 billion.
Rubio calls off his Japan and South Korea visit, Nikkei reports
U.S. Secretary of State Marco Rubio has called off his first visit to Japan and South Korea to focus on the Middle East, Japan’s Nikkei newspaper reported on Thursday.
Lee Says Unsure South Korea Can Land US Trade Deal by Deadline
South Korean President Lee Jae Myung said it remains unclear if trade talks between Seoul and Washington can result in a deal before next week’s deadline to avert sweeping tariffs from President …
South Korean president seeks faster redevelopment of former US military sites
The directive is aimed at reusing now-abandoned property in northern Gyeonggi-do, South Korea’s most populous province, that the United States returned to the South Korean government after …
Exclusive: South Korea moves to tighten rules on foreign real estate ownership
A new bill aimed at tightening regulations on foreign property ownership in South Korea is set to be introduced, proposing a shift from the current reporting-based system to a permit-based approval …
South Korea wealth fund to boost bets on AI startups, eyes China tech
SEOUL] South Korea’s sovereign wealth fund plans to increase allocations to tech startups and venture capital funds (VCs) as part of its broader push to deepen exposure to artificial intelligence (AI) …
Border city Paju enacts ordinance banning anti-North leaflet launches
Paju, a border city in Gyeonggi, enacted South Korea’s first local ordinance banning the distribution of anti-North Korea leaflets. The ordinance is expected to halt the sending of leaflets by local …
Elon Musk’s DOGE Gimmicks Have No Place In South Korea
New South Korean President Lee Jae Myung has chosen a finance minister who wants to run Asia’s fourth-largest economy like a business.
Japan’s Towa eyes third chip tool plant in South Korea amid AI boom
CHEONAN, South Korea — Buoyed by strong demand brought about by the generative AI boom, Japanese chip tool maker Towa is considering further expanding its production capacity in South Korea, where it …