Trump, Xi likely to speak soon on minerals trade dispute, aides say

U.S. President Donald Trump and Chinese President Xi Jinping will speak soon to iron out trade issues including a dispute over critical minerals, Treasury Secretary Scott Bessent said on Sunday.

2025-06-02

Korea, Singapore set to discuss expanding supply chain cooperation in bio sector

Korea and Singapore were set to hold talks Tuesday on ways to strengthen bilateral cooperation on supply chain issues, especially in the bio sector, amid growing risks in global supply chains, Seoul's Industry Ministry said.

2025-05-27

Brazil's avian flu outbreak puts local poultry industry on high alert

An outbreak of highly pathogenic avian influenza at poultry farms in Brazil, which supplies over 80 percent of Korea’s imported chicken, has triggered alarm in the chicken and food service industries.

2025-05-19

Money supply falls for first time in 23 months in March: BOK

In March, Korea's money supply fell 0.1 percent for the first time in 23 months, prompted by declines in savings deposits and liquid financial products.

2025-05-15

Newly adopted aircraft required to have backup power for black box after Jeju Air crash

All newly adopted aircraft operated by Korean airlines are expected to be equipped with a backup power supply unit following the deadly Jeju Air crash where the aircraft lacked the system, leading to a loss of critical black box data.

2025-03-13

Seoul approves measures to strengthen preparedness for key resource supply disruptions

The Ministry of Trade, Industry and Energy said an enforcement decree was passed to bolster the government's response to a disruption in the supply of key resources as geopolitical tensions rise.

2025-01-14

Stabilize the housing market with actions (KOR)

The government must do its best to stabilize the housing market.

2024-08-12

Stabilize the housing market with actions

The government must do its best to stabilize the housing market.

2024-08-11

Korea, U.S., Japan to coordinate against 'weaponization' of economic dependencies

Top industry officials of Korea, the United States and Japan held their inaugural meeting in Washington to discuss joint efforts to level the economic playing field.

2024-06-27

Gov't announces 5 trillion won supply chain stabilization fund

A commission on supply chain stabilization headed by Finance Minister Choi Sang-mok will oversee the scheme.