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...

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...

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....

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...

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...

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...

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...

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...

2025 China-South Korea Media Cooperation Forum held in Seoul

The 2025 China-South Korea Media Cooperation Forum is held in Seoul, South Korea, on October 13, 2025. Photo: Xue Ke/GT The 2025 China-South Korea Media Cooperation Forum convened in Seoul on Monday under the theme of "China-South Korea...

Bessent expects Trump to meet with Xi in South Korea despite trade dispute

President Donald Trump is still expected to meet with Chinese President Xi Jinping in South Korea by the end of the month, Treasury Secretary Scott Bessent said on Monday after trade tensions between the United States and China flared up in recent...

South Korea’s Mofac Studios Bets on AI After Global Success of ‘King of Kings’

When the pandemic halted productions worldwide in 2020, many filmmakers saw their careers stall. But for South Korean visual-effects veteran Jang Seong-ho, it marked an unexpected turning point. His small company, Mofac Studios, was struggling to...

U.S.-China trade tensions loom large at IMF, World Bank meetings

Open this photo in gallery:A container ship at the port in Qingdao. China said Thursday that it would dramatically expand its rare earths export controls, drawing a sharp countermeasure from Trump on Friday.-/AFP/Getty Images Finance chiefs...

Trump still expected to meet Xi Jinping in South Korea as tensions ease

US President Donald Trump is still expected to meet his Chinese counterpart Xi Jinping in South Korea later this month, as both countries move to ease recent trade tensions, US Treasury Secretary Scott Bessent said on Monday.Speaking to Fox...

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 Korean artillery maker offers new howitzer to U.S. Army

South Korea’s Hanwha Aerospace will attend the AUSA 2025 exposition in Washington, D.C., this week and use the forum to offer a wheeled variant of its K9 self-propelled howitzer as a potential route to modernize US Army artillery forces, the...

South Korean studios embrace AI for faster, and cheaper filmmaking

Across South Korea, filmmakers are embracing AI to bring films to life. One of them, Jang Seong-ho, is utilizing a 6 billion won ($4.3 million) investment from Altos Ventures to develop an AI-driven filmmaking system at his studio, Mofac, which is...

South Korea’s AI ambitions run up against infrastructure and governance failings

Science ministry audit reveals weak data systems and coordination problems that threaten Seoul’s AI leadership goals South Korea’s Ministry of Science and ICT’s (MSIT) audit report released on Monday exposes a disconnect between the country’s...

South Korea debuts first AI feature film 'Run to the West'

Blending human imagination with algorithmic spectacle, film marks pioneering step in Korean cinema Artificial intelligence is worming its way into nearly every corner of pop culture — and now it has reached the big screen. Opening in theaters...