Korea Joongang Daily
Korea JoongAng Daily

Pentagon and USFK deny report of U.S. troop withdrawal from Korea

The U.S. Department of Defense and United States Forces Korea (USFK) on Friday both denied a report by The Wall Street Journal that claimed the Trump administration is considering withdrawing about 4,500 troops from Korea.

2025-05-23

Korean, U.S. troops to stage medical evacuation drills

Korean and U.S. troops will conduct medical evacuation drills Thursday to practice transporting injured personnel from remote locations, a joint military command said.

2025-05-22

Hanwha to invest $72M in Philly Shipyard to build LNG carriers

Hanwha Group will invest 100 billion won in Philly Shipyard to add the capability of building liquefied natural gas carriers in an effort to generate $4 billion in revenue annually by 2035.

2025-05-20

Seoul, Washington to hold last round of trade talks before June 3 election

Officials from Korea and the United States will hold working-level consultations in Washington from Tuesday to Thursday to negotiate the reduction of reciprocal and item-specific tariffs, including those on steel, automobiles and semiconductors.

2025-05-20

South Korea, U.S., Japan hold talks to reaffirm 'unwavering' commitment to trilateral cooperation

Diplomats from South Korea, the U.S. and Japan convened their trilateral secretariat managing board in Washington on Monday to reaffirm the three countries' "unwavering" commitment to advancing three-way cooperation, the State Department said.

2025-05-20

Acting president urges negotiators to finalize 'July Package' before tariff suspension ends

Acting President and Education Minister Lee Ju-ho has ordered the government to push forward in negotiations with the United States to finalize the so-called July Package before the mutual tariff suspension expires on July 8.

2025-05-19

South Korea presidential candidate Kim says open to discussing U.S. troop cost

South Korea's conservative presidential candidate Kim Moon-soo said on Monday he was willing to discuss sharing more of the cost of stationing the U.S. military in the country, which U.S. President Donald Trump has demanded over the years.

2025-05-19

Samsung SDI cuts pricing of new shares by 17% amid tariff-driven sell-off

Samsung SDI on Monday slashed the pricing of its new share issue by 17 percent after its stock declined in a broad market sell-off sparked by concerns over potential U.S. tariffs.

2025-05-19

Korea, U.S. to hold second round of working-level tariff talks in Washington this week

Korea and the United States are scheduled to hold a second round of technical discussions in Washington regarding the latter's sweeping tariff scheme, as the two sides are working toward forging a "package" deal by early July, officials said Monday.

2025-05-19

Kospi opens lower following U.S. sovereign rating downgrade

Korean stocks opened lower Monday amid concerns over the impact of the United States' sovereign credit rating downgrade on the global market and the economy.

2025-05-19