Washington: South Korea and the United States engaged in significant trade discussions in Washington on Thursday, focusing on removing the Trump administration’s “reciprocal” tariffs and addressing other trade issues. The talks mark the first “two-plu…
Read MoreWashington: The Office of the U.S. Trade Representative (USTR) announced that South Korea and the United States have agreed to pursue “expedient and meaningful” progress toward achieving “reciprocal and balanced” trade. This agreement was reached duri…
Read MoreSeoul: Daily foreign exchange (FX) trading by banks in South Korea reached an all-time high in the first quarter of 2025 on increased demand from cross-border trading and the volatile won-dollar exchange rate, central bank data showed Friday.
Accord…
Read MoreSeoul: A Chinese national has been indicted for bribing a South Korean soldier in an attempt to obtain military secrets, the prosecution said Friday.
According to Yonhap News Agency, the Chinese national and an active duty soldier have violated the …
Read MoreSeoul: South Korean stocks finished nearly 1 percent higher Friday, as investors assessed the outcome of the first round of tariff talks between Seoul and Washington. The local currency fell against the U.S. dollar.
According to Yonhap News Agency,…
Read MoreSeoul: Cheil Worldwide Inc. on Friday reported its first-quarter net income of 28 billion won (US$19.5 million), marking a 35.5 percent decrease from the previous year. Despite the decline in net profit, the company experienced a rise in operating pro…
Read MoreSeoul: Hanmi Science Co. on Friday reported a first-quarter net income of 24.5 billion won (US$17 million), down 21.3 percent from a year earlier. Operating income for the January-March period was 27.1 billion won, down 27.4 percent from a year ago, t…
Read MoreSeoul: A fire broke out inside a restaurant at the COEX exhibition center in southern Seoul on Friday, firefighting officials said. No casualties have been reported so far.
According to Yonhap News Agency, firefighters responded to a fire report sho…
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