Washington: U.S. Treasury Secretary Scott Bessent indicated on Tuesday that certain new U.S. tariffs might not need to be enforced on April 2, due to a pre-negotiated agreement or subsequent negotiations, as per a decision by President Donald Trump to…
Seoul: The archives documenting the Jeju April 3 uprising and South Korea’s post-war reconstruction efforts are likely to be recognized as part of UNESCO’s Memory of the World (MoW) program, according to the United Nations agency Wednesday.
Accordin…
Washington: Industry Minister Ahn Duk-geun will visit the United States this week for talks with U.S. officials on Washington’s impending tariffs and its listing of South Korea as a “sensitive” country, his ministry said Wednesday. Ahn is scheduled to…
Seoul: SK On Co., the battery affiliate of South Korea’s SK Group, announced that it has secured a major electric vehicle (EV) battery supply deal from Japanese automaker Nissan Motor Co., marking its first partnership with a Japanese car manufacturer…
Seoul: The United States has confirmed that South Korea’s inclusion on the Department of Energy (DOE)’s list of “sensitive” countries is unrelated to growing calls in Seoul to build up its own nuclear weapons, Seoul’s top diplomat stated. Foreign Mini…
Seoul: South Korean stocks finished higher Wednesday, driven by big-cap tech and steel shares, amid expectations for a recovery in the chip sector despite lingering concerns about U.S. President Donald Trump’s sweeping tariff measures. The local curre…
Seoul: Bond yields in South Korea showed an upward trend across several terms on March 19, 2025. The 2-year Treasury Bond (TB) yield increased by 1.7 basis points from the previous session, reaching 2.682%. Similarly, the 3-year TB yield rose by 2.3 b…
Seoul: The national space agency on Wednesday announced a plan to establish a cross-sectoral education system aimed at fostering a total of 30,000 aerospace talents by 2045 as part of its long-term strategy to become a global space powerhouse in the f…
Seoul: The national space agency announced on Wednesday its ambitious plan to establish a cross-sectoral education system to foster 30,000 aerospace talents by 2045. This initiative is part of a broader strategy to position the nation as a global lead…