News

South Korea parliament approves 31.8 trillion won extra budget to bolster economy
South Korea's parliament approved a supplementary budget on Friday of 31.8 trillion won ($23.3 billion), supporting President ...
Seoul, Washington still discussing tariffs
South Korean President Lee Jae-myung said that it remained unclear whether Seoul and Washington could conclude their tariff ...
Trump confirms U.S. tariffs to start when July 9 deadline arrives
American tariffs on dozens of countries will come into effect next Wednesday as scheduled, although several deals could still ...
South Korea's Lee pledges 'bold' economic policy after martial law crisis
By Josh Smith SEOUL (Reuters) -South Korean President Lee Jae Myung vowed on Thursday to implement a "bold" fiscal policy to ...
Trump’s tariff pause expires next week. Here’s how well Asian governments have been doing in negotiations with Washington
With just days to go until tariffs return, the Trump administration is still trying to negotiate new agreements with major ...
South Korea Factory Activity Shrinks for 5th Month but at Milder Pace, PMI Shows
The Purchasing Managers Index (PMI) for manufacturers in Asia's fourth-largest economy, released by S&P Global, edged up to ...
South Korea exports rebound on tech boost but US tariffs hit other sectors
South Korea's exports rebounded in June driven by strong tech demand, though shipments to the United States and China ...
BOK’s Rhee Says Tariff Hit to Growth Remains Problem for Policy
The Bank of Korea remains concerned at the tariff impact on economic expansion rather than inflation and is judging how to ...