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Lee Meets Uzbek President, Opening Central Asia Summit Diplomacy
8+ 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
7+ hour, 8+ 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…...
Trump Breaks U.S. Neutrality, Says He Wants to See Ireland United
17+ hour, 26+ 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…...
U.S. 'Debt Trap' Sounds Warning for Korea's Fiscal Policy
18+ hour, 30+ 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
18+ hour, 45+ 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…...
Defense Ministry Briefs Ruling Party on Possible Hormuz Deployment
3+ day, 31+ min ago (156+ words) Ministry Visits Ruling Party Defense Committee Members to Explain Rationale Jin Sung-joon Says There Was No Talk of Deployment Being Necessary South Korea's Ministry of National Defense visited the offices of several ruling party lawmakers on the National Assembly's National…...
German Paper Warns of Chinese Capital's Grip on Jeju Island
3+ day, 38+ min ago (248+ words) Warnings that Chinese capital is encroaching on Jeju Island have now come from Europe. After Taiwanese media raised the issue, German press has taken on the "Sinicization" of Jeju head-on, putting the structural problems created by the real estate investment…...
AI's Dangerous Evolution: Can Humans Keep Control?
3+ day, 39+ min ago (612+ words) By Hadas Gold, AI Correspondent, CNN When "Dune" was published in 1965, that premise would have sounded like pure fantasy. Today it feels considerably more plausible. Artificial intelligence has advanced at a dazzling pace and appears to be on a trajectory…...
Oil Tops $100, but Bank of Korea Holds Off on New Forecast
3+ day, 5+ hour ago (211+ words) BOK Says It Is Too Early to Revise Scenarios Central Bank Watches Whether High Prices Persist Brent crude has climbed above $100 a barrel, but the Bank of Korea is in no rush to redraw the scenarios behind its economic outlook....
Korean Banks Raise Deposit Rates as Cash Flows Back From Stocks
3+ day, 5+ hour ago (236+ words) Deposit rates at South Korean commercial banks are rising across the board, drawing large sums of money back to bank branches from the stock market. Hana Bank raised the rate on its Hana One-Time Deposit product with a one-year maturity…...