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South Korea
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Korea-US $200B investment deal faces hurdles over nuclear projects, funding
An agreement expected this week concerning South Korea’s $200 billion US investment commitment remains uncertain, as Seoul and Washington seek to resolve differences over nuclear projects, funding sch
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KICK Korea Semiconductor Index ETF (KCHP) Launches on NYSE Arca, Offering Focused Exposure to South Korean Chipmakers
The new fund, launched on September 15, is the first product in a new KICK ETFs series from Exchange Traded Concepts and Kiwoom Securities (USA) Inc. It provides U.S. investors with a single-ticker op
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South Korea signed 16 export contracts with five Central Asian nations, totaling $14 million.
South Korea signed 16 export contracts worth a total of $14 million with five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Both sides agreed to upgrade co
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Korea Eximbank discussed expanding economic cooperation with Uzbek President Mirziyoyev during the inaugural Korea-Central Asia Summit in Seoul
The Export-Import Bank of Korea said it discussed expanding economic cooperation with Uzbek President Shavkat Mirziyoyev during his visit to Seoul for the inaugural Korea-Central Asia Summit. Korea Ex
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South Korea offers revised guidelines for registered foreign institutions' FX operations, aiming for won's internationalization
South Korea on Wednesday announced revised rules for registered foreign institutions' foreign exchange operations, aiming to internationalize the won. The finance ministry stated these revisions to gu
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South Korea to host first presidential summit with five Central Asian states on Wednesday, aiming to boost regional clout and economic ties
The summit, dubbed "historic" by local media, seeks to deepen economic engagement in critical minerals, energy, digital technologies, and transport. Central Asian states are positioning themselves as
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South Korea plans to cut the number of new transmission towers by up to 40% to meet the growing electricity demand from data centers and semiconductor factories.
South Korea plans to cut the number of new transmission towers by up to 40% to meet the growing electricity demand from data centers and semiconductor factories.
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South Korean investors' petition for a fourth crypto tax delay reaches 50,000 signatures, triggering legislative review
However, regulators remain firm on implementing the planned digital asset gains tax, with Economy and Finance Minister nominee Lee Hyoung-Il stating over the weekend that the plan is on schedule. The
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South Korea's expanded espionage law takes effect, targeting tech theft including semiconductor and AI technologies as national security crimes
South Korea's expanded espionage law takes effect, targeting tech theft including semiconductor and AI technologies as national security crimes
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South Korean Finance Minister nominee Lee Hyung-il said he is not considering corporate tax cuts.
South Korean Finance Minister nominee Lee Hyoung-il stated on Sunday that he is not currently considering corporate tax cuts, noting that the corporate tax rate effective this year has been restored t
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South Korea nears announcement of first US investment project, with briefing to lawmakers set for Sept. 17
South Korean Industry Minister Kim Jung-kwan returned Sunday from three days of talks in New York, where he met US Commerce Secretary Howard Lutnick and other officials to discuss prospective projects
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Construction of a semiconductor hub in southwestern South Korea is accelerating, with focus on whether critical elements such as power and talent can be secured in a timely manner.
South Korean government officials and industry experts stated at the "Jeollanam-do-Gwangju Integrated Special City Semiconductor and AI Transformation Global Forum" that the country plans to establish
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North Korea fires ballistic missiles off its eastern coast, South Korea says
South Korea's Joint Chiefs of Staff detected several missiles launched from North Korea's eastern coastal area of Wonsan around 5:20 am on Saturday (local time), which flew about 250 kilometers (155 m
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Daewoo E&C Chief Jung Won-ju Pledges 10 Billion Won ($7.4 Million) to Support Honam Semiconductor, AI Cluster in Southwestern Korea
Daewoo E&C Chief Jung Won-ju Pledges 10 Billion Won ($7.4 Million) to Support Honam Semiconductor, AI Cluster in Southwestern Korea
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South Korean Agriculture Minister Song Mi-ryung said on Thursday that South Korea should be cautious about joining the CPTPP, but that the move could also bring new global opportunities for agriculture.
South Korean Agriculture Minister Song Mi-ryung said on Thursday that South Korea should be cautious about joining the CPTPP, but that the move could also bring new global opportunities for agricultur
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South Korea's exports surged 83% year-on-year to $35 billion in the first 10 days of September, resulting in a $10.4 billion trade surplus.
South Korea's exports surged 83% year-on-year to $35 billion in the first 10 days of September, resulting in a $10.4 billion trade surplus.
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South Korean PM Han Seong-sook orders preemptive securing of crude supplies for coming months amid rekindled Middle East tensions
South Korean Prime Minister Han Seong-sook instructed economic officials on Thursday to preemptively secure crude supplies for the coming months, citing rekindled tensions in the Middle East. Han note
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The U.S. has requested South Korea to submit investment projects exceeding $350 billion, surpassing the previously agreed-upon limit. South Korea is now seeking to reduce the agreement amount back to the original ceiling.
According to Yonhap News, the United States has demanded investment exceeding the $350 billion cap stipulated in last year's bilateral trade agreement during trade negotiations with South Korea. South
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Iran warns South Korea of “serious consequences” if it joins US naval blockade of Strait of Hormuz, as Seoul considers military contribution
Iran's Ministry of Foreign Affairs spokesman Esmaeil Baghaei stated on Monday that any military presence or participation by another country in the Gulf and the Strait of Hormuz would be regarded as d
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South Korea considers $22.3B Texas natural gas power project, first under $350B US investment pact
The proposed 6.3-gigawatt gas-fired power plant in Encinal, Texas, aims to meet surging electricity demand from the rapid expansion of AI data centers and advanced semiconductor facilities in the stat
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South Korea's Q2 nominal GDP growth hits 26.4%, highest in 47 years
South Korea's economy expanded in nominal terms at its fastest annual pace in nearly 47 years in the second quarter, with nominal gross domestic product rising 26.4% in the April-June period from a ye
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Samsung Buyback Highlights Korea’s 45% Preferred Stock Discount
Samsung Electronics Co.'s anticipated equity buyback is raising investor expectations that the Korean giant will buy up non-voting preferred shares, narrowing a steep discount and setting an example f
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South Korea to combine 5 utilities by October 2027 to meet rising AI, chip power demand
Seoul plans to integrate five public power companies by October 2027, aiming to accelerate investments that will address the increasing energy demands from the country's growing artificial intelligenc
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South Korean Presidential Office: Considering various options for "contributing" in the Strait of Hormuz
South Korea's presidential office stated on Friday that it is considering various options to "contribute" to the Strait of Hormuz, aiming to ensure free navigation in the strategic waterway. This foll
-
Korea-US $200B investment deal faces hurdles over nuclear projects, funding
An agreement expected this week concerning South Korea’s $200 billion US investment commitment remains uncertain, as Seoul and Washington seek to resolve differences over nuclear projects, funding sch
-
KICK Korea Semiconductor Index ETF (KCHP) Launches on NYSE Arca, Offering Focused Exposure to South Korean Chipmakers
The new fund, launched on September 15, is the first product in a new KICK ETFs series from Exchange Traded Concepts and Kiwoom Securities (USA) Inc. It provides U.S. investors with a single-ticker op
-
South Korea signed 16 export contracts with five Central Asian nations, totaling $14 million.
South Korea signed 16 export contracts worth a total of $14 million with five Central Asian countries: Kazakhstan, Kyrgyzstan, Tajikistan, Turkmenistan, and Uzbekistan. Both sides agreed to upgrade co
-
Korea Eximbank discussed expanding economic cooperation with Uzbek President Mirziyoyev during the inaugural Korea-Central Asia Summit in Seoul
The Export-Import Bank of Korea said it discussed expanding economic cooperation with Uzbek President Shavkat Mirziyoyev during his visit to Seoul for the inaugural Korea-Central Asia Summit. Korea Ex
-
South Korea offers revised guidelines for registered foreign institutions' FX operations, aiming for won's internationalization
South Korea on Wednesday announced revised rules for registered foreign institutions' foreign exchange operations, aiming to internationalize the won. The finance ministry stated these revisions to gu
-
South Korea to host first presidential summit with five Central Asian states on Wednesday, aiming to boost regional clout and economic ties
The summit, dubbed "historic" by local media, seeks to deepen economic engagement in critical minerals, energy, digital technologies, and transport. Central Asian states are positioning themselves as
-
South Korea plans to cut the number of new transmission towers by up to 40% to meet the growing electricity demand from data centers and semiconductor factories.
South Korea plans to cut the number of new transmission towers by up to 40% to meet the growing electricity demand from data centers and semiconductor factories.
-
South Korean investors' petition for a fourth crypto tax delay reaches 50,000 signatures, triggering legislative review
However, regulators remain firm on implementing the planned digital asset gains tax, with Economy and Finance Minister nominee Lee Hyoung-Il stating over the weekend that the plan is on schedule. The
-
South Korea's expanded espionage law takes effect, targeting tech theft including semiconductor and AI technologies as national security crimes
South Korea's expanded espionage law takes effect, targeting tech theft including semiconductor and AI technologies as national security crimes
-
South Korean Finance Minister nominee Lee Hyung-il said he is not considering corporate tax cuts.
South Korean Finance Minister nominee Lee Hyoung-il stated on Sunday that he is not currently considering corporate tax cuts, noting that the corporate tax rate effective this year has been restored t
-
South Korea nears announcement of first US investment project, with briefing to lawmakers set for Sept. 17
South Korean Industry Minister Kim Jung-kwan returned Sunday from three days of talks in New York, where he met US Commerce Secretary Howard Lutnick and other officials to discuss prospective projects
-
Construction of a semiconductor hub in southwestern South Korea is accelerating, with focus on whether critical elements such as power and talent can be secured in a timely manner.
South Korean government officials and industry experts stated at the "Jeollanam-do-Gwangju Integrated Special City Semiconductor and AI Transformation Global Forum" that the country plans to establish
-
North Korea fires ballistic missiles off its eastern coast, South Korea says
South Korea's Joint Chiefs of Staff detected several missiles launched from North Korea's eastern coastal area of Wonsan around 5:20 am on Saturday (local time), which flew about 250 kilometers (155 m
-
Daewoo E&C Chief Jung Won-ju Pledges 10 Billion Won ($7.4 Million) to Support Honam Semiconductor, AI Cluster in Southwestern Korea
Daewoo E&C Chief Jung Won-ju Pledges 10 Billion Won ($7.4 Million) to Support Honam Semiconductor, AI Cluster in Southwestern Korea
-
South Korean Agriculture Minister Song Mi-ryung said on Thursday that South Korea should be cautious about joining the CPTPP, but that the move could also bring new global opportunities for agriculture.
South Korean Agriculture Minister Song Mi-ryung said on Thursday that South Korea should be cautious about joining the CPTPP, but that the move could also bring new global opportunities for agricultur
-
South Korea's exports surged 83% year-on-year to $35 billion in the first 10 days of September, resulting in a $10.4 billion trade surplus.
South Korea's exports surged 83% year-on-year to $35 billion in the first 10 days of September, resulting in a $10.4 billion trade surplus.
-
South Korean PM Han Seong-sook orders preemptive securing of crude supplies for coming months amid rekindled Middle East tensions
South Korean Prime Minister Han Seong-sook instructed economic officials on Thursday to preemptively secure crude supplies for the coming months, citing rekindled tensions in the Middle East. Han note
-
The U.S. has requested South Korea to submit investment projects exceeding $350 billion, surpassing the previously agreed-upon limit. South Korea is now seeking to reduce the agreement amount back to the original ceiling.
According to Yonhap News, the United States has demanded investment exceeding the $350 billion cap stipulated in last year's bilateral trade agreement during trade negotiations with South Korea. South
-
Iran warns South Korea of “serious consequences” if it joins US naval blockade of Strait of Hormuz, as Seoul considers military contribution
Iran's Ministry of Foreign Affairs spokesman Esmaeil Baghaei stated on Monday that any military presence or participation by another country in the Gulf and the Strait of Hormuz would be regarded as d
-
South Korea considers $22.3B Texas natural gas power project, first under $350B US investment pact
The proposed 6.3-gigawatt gas-fired power plant in Encinal, Texas, aims to meet surging electricity demand from the rapid expansion of AI data centers and advanced semiconductor facilities in the stat
-
South Korea's Q2 nominal GDP growth hits 26.4%, highest in 47 years
South Korea's economy expanded in nominal terms at its fastest annual pace in nearly 47 years in the second quarter, with nominal gross domestic product rising 26.4% in the April-June period from a ye
-
Samsung Buyback Highlights Korea’s 45% Preferred Stock Discount
Samsung Electronics Co.'s anticipated equity buyback is raising investor expectations that the Korean giant will buy up non-voting preferred shares, narrowing a steep discount and setting an example f
-
South Korea to combine 5 utilities by October 2027 to meet rising AI, chip power demand
Seoul plans to integrate five public power companies by October 2027, aiming to accelerate investments that will address the increasing energy demands from the country's growing artificial intelligenc
-
South Korean Presidential Office: Considering various options for "contributing" in the Strait of Hormuz
South Korea's presidential office stated on Friday that it is considering various options to "contribute" to the Strait of Hormuz, aiming to ensure free navigation in the strategic waterway. This foll
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South Korea
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Anthropic's S-1 filing to disclose over 10% possibility of AI product causing human extinction
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Meta CEO Mark Zuckerberg and Nvidia CEO Jensen Huang Push Back Against Calls for AI Slowdown, Citing Strong Natural Incentives for Safe Development
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Former Infosys CEO's AI startup Hang Ten Systems nabs another $53M, bringing total funding to $85M
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Experts at Fashion Tech Show suggest AI and automation are key to overcoming onshoring challenges
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US Retail Sales Rise 1.2% in August, Beating Estimates After July Drop
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UNI Price Dynamics: Breaking Key Resistance, Can $8 Be the Next Target?
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SoftBank Group's record $6.45 billion retail bond sale on Thursday will boost its share of Japan's corporate retail bond market to nearly 50%
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Yahoo Finance Analysis: SpaceX's AI cloud leasing business is growing rapidly, potentially boosting its valuation from $2 trillion to $3 trillion.
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Nvidia and SK Hynix's comments suggest strong outlook for Micron Technology
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Ethereum founder Vitalik Buterin tweeted a comment on the ancient Chinese philosopher Mozi, calling his thought "proto d/acc."
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