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News
Samsung to Pay Suppliers 1.3 Trillion Won Early Before Chuseok
4+ hour, 23+ min ago (265+ words) Seoul Economic Daily Samsung Group will pay 1.3 trillion won ($936 million) in supplier invoices ahead of schedule before the Chuseok holiday, aiming to ease cash pressure on partner firms during a period of heavy spending and to support domestic consumption Thirteen…...
Lee Meets Uzbek President, Opening Central Asia Summit Diplomacy
6+ hour, 11+ min ago (177+ words) Uzbekistan, Central Asia's Most Populous Emerging Market, to Cooperate on Transport and Infrastructure Thirteen Agreements and MOUs Exchanged Between Government Ministries With Both Leaders Present First Korea-Central Asia Summit on the 16th Targets Supply Chain and Market Diversification President Lee Jae-myung…...
Korean Reactors in U.S. Mark New Chapter in Economic Alliance
13+ hour, 12+ min ago (294+ words) Seoul Economic Daily Last week, Minister of Trade, Industry and Energy Kim Jung-kwan traveled to the United States intending to wrap up negotiations on Korean investment there The two countries are discussing a project to build eight nuclear reactors in…...
Korea and U.S. Need Common Digital Rules to Defuse Clash
13+ hour, 16+ min ago (389+ words) Korea and U.S....
Trump Breaks U.S. Neutrality, Says He Wants to See Ireland United
23+ hour, 29+ min ago (162+ words) Striking Remarks After Talks With Prime Minister Martin U.K. Says Referendum Is Not Under Consideration According to Reuters and other outlets, Trump told reporters after meeting Irish Prime Minister Micheal Martin in Dublin on the 12th that he does not want to…...
Indonesian Ferry With 243 Aboard Sinks, Killing Six
20+ hour, 48+ min ago (318+ words) Contact Lost After Radio Message on Worsening Weather Authorities Focus Search on Missing Passengers Six people died and 130 are missing after a ferry carrying more than 240 people sank in Indonesia, the latest mass-casualty maritime accident in a country heavily dependent…...
Fraud Complaints Pile Up as Korea Overhauls Prosecution System
23+ hour, 26+ min ago (480+ words) Seoul Economic Daily...
Illegal Weapons Seizures Hit Five-Year High in Korea
1+ day, 7+ hour ago (391+ words) Cases Found in Crackdown Nearly Doubled From Year Earlier, Up 97.8% Swords and Knives Top List at 111 Cases, 3.2 Times More in One Year Firearms Seizures Reach 79 Cases, Up 172.4% From 2021 Calls Grow to Trace Supply Routes, Not Just Collect Weapons Illegal weapons…...
U.S. 'Debt Trap' Sounds Warning for Korea's Fiscal Policy
1+ day, 33+ min ago (522+ words) By Ahn Do-geol, Lawmaker of the Democratic Party of Korea U.S. Treasurys, the world's safest asset, are wobbling under a "debt trap." U.S. national debt has topped $40 trillion for the first time, and the 30-year Treasury yield recently broke above 5.3%, its highest…...
Trump Turns to Cash Handouts as Iran War Keeps Gas Prices High
1+ day, 49+ min ago (265+ words) Seoul Economic Daily "Gasoline prices decide the fate of an American president." It is a line often heard in U.S political circles ahead of presidential and midterm elections The conventional wisdom in Washington is that when oil prices rise, the…...