South Korea and Vietnam target $150bn trade by 2030 amid U.S. tariff tensions
South Korea and Vietnam have pledged to boost annual trade to $150 billion by 2030, signing 10 cooperation deals as new U.S. tariffs disrupt global supply chains.
South Korea and Vietnam have pledged to boost annual trade to $150 billion by 2030, signing 10 cooperation deals as new U.S. tariffs disrupt global supply chains.
North Korea condemned a planned joint military exercise by South Korea and the U.S. as a “direct military provocation” and warned of countermeasures, despite signs of easing tensions across the border under South Korea’s new leadership.
South Korea and the U.S. will begin an 11-day joint military exercise on 18 August, with half of the drills postponed to September due to extreme weather, a South Korean military spokesperson said.
China can visit South Korea without a visa from the end of September until June next year. Seoul made the announcement for temporary visa-free entry to tourist groups on Wednesday (6 August).
South Korea announced on Tuesday that North Korea has shown no signs of dismantling its own border loudspeakers, even after Seoul began removing its devices as a goodwill gesture to reduce tensions.
Start your day informed with AnewZ Morning Brief: here are the top news stories for the 4th of August, covering the latest developments you need to know.
South Korea has began dismantling loudspeakers broadcasting anti-North Korean messages along the border on Monday, according to its defence ministry. The move is part of President Lee Jae Myung’s administration to reduce tensions with Pyongyang.
More than 2,500 people have had to leave their homes in southern South Korean after torrential rains swept across the country during Sunday night, inundating houses and roads in six major cities and provinces. Emergency shelters filled as families sought refuge.
South Korea’s former President Yoon Suk Yeol lay on the floor of his cell on Friday and refused to comply with questioning, a spokesperson for a special prosecutor said, as investigations into alleged abuse of power and influence-peddling continue.
President Donald Trump announced on 30 July that the United States and South Korea have reached a "full and complete trade deal" that establishes a 15% tariff on South Korean exports while securing $450 billion in combined investments and energy purchases from Seoul.
The U.S. will impose a 15% tariff on imports from South Korea under a new trade deal that also includes a $350bn (about £264bn) South Korean investment in the U.S., President Donald Trump has announced.
U.S. President Donald Trump will meet with South Korea’s trade delegation in Washington as Seoul races to negotiate a deal before 1 August’s 25 % tariffs on exports, according to South Korean officials.
South Korea’s National Assembly Speaker Woo Won-shik has urged the reopening of dialogue with North Korea, saying channels of communication must stay open despite Pyongyang’s recent rejection of talks.
U.S. President Donald Trump says he’s not actively pursuing a summit with Xi Jinping but confirmed that he may visit China later this year, following an invitation from the Chinese leader.
Billionaire Elon Musk has confirmed that Tesla will source $16.5 billion (about £12.8 billion) worth of chips from Samsung Electronics until 2033, marking a major win for the South Korean firm’s struggling chip foundry business.
South Korean investigators have revealed that pilots of the Jeju Air flight which crashed during an emergency landing last December may have shut down the less-damaged engine shortly after a bird strike.
Police in South Korea have raided the offices of entertainment company HYBE as part of a probe over allegations of unfair share trading involving the company chairman, a source familiar with the matter said.
South Korea’s new economic chiefs will visit Washington this week for 2+2 trade talks with U.S. officials, aiming to prevent 25% tariffs set to begin on 1 August. This marks their first trip since President Lee Jae-myung took office in June.
South Korea is looking at various ways to improve relations with North Korea, a Unification Ministry spokesperson said on Monday, after local media reported that Seoul was considering allowing individual tours to the North.
Two people were confirmed dead and five missing in Gapyeong, South Korea, on Sunday, after heavy rain triggered landslides and flooding, raising the country’s storm-related death toll to 17.
More than 5,000 people in South Korea have taken refuge in shelters as relentless rainfall continues to batter parts of the country for a third consecutive day, resulting in at least four deaths and significant damage to infrastructure, according to the Ministry of the Interior and Safety on Friday.
Türkiye and South Korea look set to deepen their bilateral ties. Turkish President Recep Tayyip Erdogan and South Korean President Lee Jae-myung discussed regional and global issues in a phone call on Thursday, according to a statement from Türkiye’s Communications Directorate.
Torrential rains have battered South Korea, leaving two dead and forcing more than a 1,000 people to evacuate their homes as flash floods and landslides wreak havoc.
South Korea's former President Yoon Suk Yeol has requested a court review of his arrest, describing it as unlawful, as prosecutors continue efforts to question him regarding the alleged attempt to impose martial law last year.
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