China hits back at US on shipping with Hanwha curbs, new probe

SINGAPORE – China has threatened further retaliatory measures against US curbs on its shipping sector after sanctioning American entities of a South Korean shipping giant. The Ministry of Commerce said on Oct 14 it was placing limits on five US...

Sichuan pepper becomes major industry in NW China's Gansu

Nestled in the southeastern part of northwest China's Gansu Province, where Gansu, Sichuan and Shaanxi provinces meet, Wudu district of Longnan city enjoys a mild climate, distinct seasons, and abundant sunlight and water resources. It is one of...

Seoul stocks up late Tues. morning on chips, eased tariff concerns

SEOUL, Oct. 14 (Yonhap) -- South Korean stocks traded higher late Tuesday morning as foreign investors snapped up shares in tech and semiconductors amid eased woes over a possible trade war between the United States and China. The benchmark Korea...

South Korea to boost air defence with Gulfstream Global 6500

South Korea has engaged L3Harris Technologies for the provision of four Gulfstream Global 6500 aircraft in a move to enhance its air defence capabilities. These aircraft, featuring ELTA Systems’ EL/W-2085 dual-band conformal radar, will bolster...

South Korea to Set Up “Korean Desk” in Cambodia After Student’s Murder

Following the death of a South Korean student in Kampot province, South Korean police plan to launch a “Korean Desk” in Cambodia to handle cases involving Korean nationals, citing difficulties in cooperation with Cambodian police. Cambodia’s...

South Korean pear exports rebound after weather-hit harvest

Stable production volumes remain a prerequisite for expanding Korea's agricultural exports. Even with strong demand and developed sales channels, a lack of domestic production limits export capacity. Pears, along with strawberries, are regarded as...

Seoul ADEX 2025 to highlight Korea's growing aerospace and defense capabilities

Published: 14 Oct. 2025, 07:00 Visitors look around the 2023 Seoul International Aerospace and Defense Exhibition (ADEX) at Seoul Air Base in Seongnam, Gyeonggi, on Oct. 18, 2023. [JOONGANG ILBO] The largest and most ambitious display yet of...

Seoul stocks open sharply higher on chip rebound, eased trade war woes

South Korean stocks opened higher Tuesday as Samsung Electronics delivered a better-than-expected earnings guidance and US President Donald Trump softened rhetoric around tensions with China. The benchmark Korea Composite Stock Price Index...

China Escalates US Trade Fight With Curbs on Shipping

(Bloomberg) -- China sanctioned the US units of a South Korean shipping giant and threatened further retaliatory measures on the industry, the latest in a series of tit-for-tat moves as Beijing and Washington jockey for leverage before expected...

KT, Palantir chiefs discuss AI expansion in Seoul

KT Corp. said Tuesday that its CEO Kim Young-shub held his first official meeting with Palantir Technologies CEO Alex Karp in Seoul to discuss strategies for expanding the use of Palantir’s artificial intelligence platforms across Korean...

South Korean Startup’s AI Windshield Enhances Safety and Surveillance

In the rapidly evolving world of automotive technology, a South Korean startup named Vueroid is pushing boundaries by integrating artificial intelligence directly into vehicle windshields, promising to enhance safety and surveillance in ways that...

South Korea says it flagged concerns over Hyundai’s US investment plan

South Korea’s industry minister said on Monday that the government had expressed concerns over Hyundai announcing multibillion-dollar US investment plans at the same time as Seoul was involved in delicate trade negotiations with Washington. “We...

Trump on track to meet with Xi in South Korea: Bessent

WASHINGTON (Reuters) -- U.S. President Donald Trump remains on track to meet Chinese leader Xi Jinping in South Korea in late October as the two sides try to de-escalate tensions over tariff threats and export controls, U.S. Treasury Secretary...

South Korea says it flagged Hyundai US investment plan concerns

By Hyunjoo Jin SEOUL (Reuters) -South Korea's industry minister said on Monday that the government had expressed concerns over Hyundai announcing multi-billion dollar U.S. investment plans at the same time as Seoul was involved in delicate trade...

South Korea Promises It Will Rekindle U.S. Shipbuilding. That’s Still Far Off.

At the Philadelphia shipyard in August, executives from its Korean parent company stood with South Korean President Lee Jae Myung for a ceremony announcing $5 billion in investments and orders for 12 new ships. Lee promised to help build a skilled...

Trump to meet Xi in South Korea as trade tensions ease

KEYSTONE/EDA/MARTIAL TREZZINI/HANDOUT VIA REUTERS/FILE PHOTO U.S. Secretary of the Treasury Scott Bessent shakes hands with Chinese Vice Premier He Lifeng during a bilateral meeting between the U.S. and China, in Geneva, Switzerland, on May 10....

KT, Palantir CEOs Meet in Korea to Expand AI Platform Across Industries

KT announced on October 14 that it held the first CEO-level meeting in Korea with global AI platform firm Palantir to discuss expanding the Palantir platform across domestic industries based on successful internal deployments. KT became Palantir’s...

South Korea, U.S. remain locked in discussions to establish bilateral FX swap line

Koo Yun-cheol, Deputy Prime Minister of South Korea, said at a parliamentary session on Monday that South Korea and the U.S. government are engaging in discussions on various ways to establish a bilateral foreign exchange swap line. The setup is...

Iraq could replace 140 U.S. Abrams tanks with 250 South Korean K2 Black Panthers

Iraq is reviewing a proposal to acquire about 250 K2 Black Panther main battle tanks from South Korea’s Hyundai Rotem, valued at roughly $6.5 billion. The plan aims to gradually replace Iraq’s fleet of American M1A1 Abrams tanks and older Soviet...

South Koreans aged 70 and above outnumber those in their 20s for first time

South Korea’s rapidly ageing population has reached a new milestone, with people aged 70 and above outnumbering those in their 20s for the first time on record. According to the Ministry of Data and Statistics, the number of those aged 70 and over...