The second round of negotiations for the 12th Special Measures Agreement (SMA) to determine South Korea's share of the costs for stationing U.S. Forces Korea (USFK) after 2026 was held in Seoul on Tuesday.
Korean businesses and related entities believe the Biden administration's recent announcement of steep tariff increases on Chinese products will have no negative impact on domestic companies.
The White House announced a hike of up to fourfold for tariffs on Chinese EVs and steel, opening the door to an export boom for Korea.
HD Hyundai Heavy Industries has signed a memorandum of understanding with Philly Shipyard on the construction and maintenance of U.S. warships and government-commissioned vessels.
Samyang Foods is building a new $123 million factory in South Gyeongsang to increase production of its popular Buldak noodles for export to the United States.
Foreign Minister Cho Tae-yul spoke with Chinese Foreign Minister Wang Yi over the phone on Tuesday, marking the first time the two spoke since Cho’s appointment last month...
The Air Force and Korean space experts will join the U.S.-led multinational space training event Global Sentinel this month, the Air Force announced on Monday...
North Korean Leader Kim Jong-un ordered the country's navy to prepare for war. U.S. and South Korean forces released footage from a joint drill that simulated taking out the leader.
SK hynix said that nothing has been decided about location, although it is considering building a shop in the U.S., according to a spokesperson.
Washington is well aware of the concerns of Korean companies regarding the Inflation Reduction Act (IRA) and is communicating closely with stakeholders in Seoul, said U.S. Under Secretary of State for Economic Growth…
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