Asia-Pacific markets traded mixed Monday as investors assessed U.S. President Donald Trump’s postponement of 50% tariffs on European Union imports. South Korea’s Kospi index advanced 2.02% to close at 2,644.40, its highest level since Feb. 24, while the small-cap Kosdaq…
South Korean presidential frontrunner Lee Jae-myung said on Sunday the deadline to reach a deal with the U.S. on President Donald Trump’s trade tariffs needs to be reconsidered to find a mutually beneficial agreement between the two allies. Tariff negotiations…
South Korean defense stocks rose Tuesday, in line with a broad-based pickup in defense names globally, as the Russia-Ukraine war fuels security concerns. Gains among South Korean names were led by Hanwha Aerospace, Korea Aerospace Industries, Hyundai Rotem and LIG…
South Korean prosecutors have indicted former president Moon Jae-in for alleged bribery, a prosecution office spokesperson said Thursday, in a case related to the appointment of his former son-in-law at a Thai airline. Moon, 72, was indicted for bribery, while…
South Korea has found increased attempts to disguise foreign products as Korean exports, primarily from China, to avoid U.S. President Donald Trump’s sweeping tariffs, its customs agency said Monday. The Korea Customs Service said it has found 29.5 billion won…
South Korea and Vietnam said on Wednesday they agreed to cooperate closely, after the announcement of U.S. tariffs that pose a major challenge for both economies and for companies like Samsung Electronics with big investments in Vietnam. Vietnam’s foreign ministry…
South Korea’s trade minister has asked his U.S. counterpart to exempt the country from reciprocal tariffs if they go into effect in April, the trade ministry said on Saturday. During his visit to Washington this week, Trade Minister Cheong In-kyo…
South Korean President Yoon Suk Yeol walked out of a detention center in Seoul on Saturday after prosecutors decided not to appeal a court decision to cancel the impeached leader’s arrest warrant on insurrection charges. Yoon, 64, remains suspended from…
South Korea’s state-run mint is grappling with a gold bar shortage amid robust demand for the precious metal. The Korea Minting and Security Printing Corporation (KOMSCO), which is responsible for the production and distribution of various security products, suspended sales…
South Korea’s data protection authority on Monday said new downloads of the Chinese AI app DeepSeek had been suspended in the country after DeepSeek acknowledged failing to take into account some of the agency’s rules on protecting personal data. The…
DETROIT — As President Donald Trump threatens to further increase tariffs on U.S. trading partners, the greatest impact for the auto industry outside of North America would be additional levies on South Korea and Japan. The East Asian countries produced…
South Korea is known for many things. K-pop, K-dramas and Korean food have made their way across the world. Now, a new facet from South Korea is poised to make a splash in investors’ portfolios — defense stocks. Shares of…
New Zealand’s prime minister told the country has to look beyond its own backyard for trade opportunities, as the South Pacific island nation signs an economic partnership with the United Arab Emirates (UAE). The free trade agreement, known formally as…
Ukraine has captured two injured North Korean soldiers from the battlefield in Russia’s Kursk region and transferred them to Kyiv, Ukrainian President Volodymyr Zelenskyy said on Saturday. “Two soldiers, though wounded, survived and were transported to Kyiv, where they are…