South Korea’s used car exports boom despite U.S. tariffs
South Korea’s used car industry is experiencing record growth this year, with surging exports helping cushion the impact of steep U.S. tariffs on new vehicles.
South Korea’s used car industry is experiencing record growth this year, with surging exports helping cushion the impact of steep U.S. tariffs on new vehicles.
South Korea and the United States will meet for their first working group discussions on Tuesday on visa systems for South Korean companies operating in the U.S., Seoul's foreign ministry said.
South Korea began offering visa-free entry for Chinese tourist groups on Monday, a measure it hopes will boost the economy and help improve ties with its Asian neighbour.
South Korean President Lee Jae Myung has vowed a “significant improvement” in the security of government administrative systems after a major fire at the national data centre brought online services across the country to a halt.
South Korea is unable to pay $350 billion upfront in investment in the United States as President Donald Trump suggested under a deal to cut tariffs and is seeking an alternative solution, Seoul's presidential adviser said on Saturday.
U.S. President Donald Trump insisted that South Korea would provide billions of dollars in investments "upfront", despite Seoul's contention that it would be plunged into a financial crisis if it met the U.S. demands without safeguards.
South Korea says it fired warning shots on Friday at a North Korean commercial vessel that crossed the maritime border in disputed waters off the Korean peninsula's west coast, and the vessel subsequently retreated, the South's military said.
President Masoud Pezeshkian said on Saturday that Iran would overcome any reimposition of sanctions through a so-called 'snapback' process, after the UN Security Council voted not to permanently lift sanctions on Tehran.
South Korean Foreign Minister Cho Hyun said on Friday the government will work to address problems faced by Korean workers with U.S. visas before proceeding with a $350 billion investment package that is part of a bilateral trade deal.
South Korea's top trade envoy, Yeo Han-koo, is heading to the United States on Monday for follow-up tariff negotiations, the trade ministry said, as the countries struggle to overcome obstacles to finalise a trade deal agreed in July.
Around 300 South Korean workers returned home on Friday, one week after being detained in a large-scale U.S. immigration raid at a battery project site in Georgia.
U.S. President Donald Trump offered to allow hundreds of South Korean workers arrested during an immigration enforcement raid to stay in the United States to train American workers, but only one has opted to remain, South Korean officials said.
South Korean President Lee Jae Myung said on Thursday, (11 September), that a U.S. immigration raid resulting in the detention of hundreds of workers at a Hyundai Motor business project could have an impact on U.S. investment decisions made by Korean companies.
An explosion at a South Korean military base in a region near the border with North Korea has injured eight people, the Yonhap news agency reported on Wednesday.
South Korea will send a chartered plane to Atlanta as early as Wednesday to bring back workers detained during a huge immigration raid last week on a car battery plant in the U.S. state of Georgia, a Korean Air spokesperson said on Tuesday.
South Korean and Japanese defence ministers agreed on Monday to strengthen cooperation with Washington in response to North Korea’s nuclear threats and growing military ties with Russia, Seoul’s defence ministry said.
South Korea Foreign Minister Cho Hyun heads to the U.S. on Monday to discuss visa reforms after 300 Korean workers were detained in a massive immigration raid at Hyundai-LG Energy Solution’s (LGES) $4.3 billion battery plant in Georgia. Authorities plan to fly the workers home later this week.
The South Korean and Japanese defence ministers will hold talks in Seoul on Monday, Seoul's defence ministry said, marking the first official visit by a Japanese defence minister to South Korea in a decade.
South Korean President Lee Jae Myung on Saturday ordered an all-out response after hundreds of South Korean nationals were detained in a U.S. immigration raid at a Hyundai car battery plant in Georgia.
North Korean leader Kim Jong Un shook hands with Woo Won-shik, the speaker of South Korea’s National Assembly, before the start of a military parade in Beijing on Wednesday, a rare interaction amids strained inter-Korean relations.
Kim Keon Hee, the wife of South Korea's ousted former President Yoon Suk Yeol, has been indicted for bribery and other charges, a special prosecution team said on Friday, during a widening probe into the country's martial law crisis and scandals involving the once powerful couple.
U.S. President Donald Trump said he wants to meet North Korean leader Kim Jong Un this year when he discussed trade and defence issues with South Korean President Lee Jae Myung during a White House visit on Monday.
South Korea's new president, Lee Jae Myung, will face a pivotal moment on Monday when he meets U.S. President Donald Trump in Washington for their first summit on Monday (25 August), as the countries' decades-old alliance strains to confront rapid geopolitical changes.
South Korea is seeking to restore its relationship with China, which has been tense in recent years, according to the leader of a high-level delegation from Seoul during a visit to Beijing on Sunday, as reported by Yonhap News Agency.
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