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Friday, July 4, 2025

KOREA

U.S. will extend chip exemptions for Samsung, SK hynix

A high-ranking U.S. Commerce Department official has indicated that Samsung Electronics and SK hynix can maintain their chip business in China, at least for...

Dispute continues as Yoon questions ‘attitude’ of Chinese envoy

Seoul and Beijing continued sparring over Chinese Ambassador Xing Haiming's recent controversial remarks, with President Yoon Suk Yeol questioning whether the envoy "has an...

Russia resumes oil shipments to North, possibly for weapons

Russia officially resumed shipments of refined oil to North Korea in December last year according to the United Nations Security Council website on Tuesday,...

Stocks close lower amid worsening Korea-China relations ahead of FOMC

Stocks finished lower Monday on foreign selling, as investors remain keen on the Federal Open Market Committee's (FOMC) rate-setting meeting this week. The won...

Former Samsung executive charged for leaking secrets in China

A former Samsung Electronics executive has been charged for allegedly leaking at least 300-billion-won ($232.7 million) worth of trade secrets to build a copycat...

China’s Foreign Ministry summons Korean ambassador as tensions flare

China’s Foreign Ministry summoned Korea’s ambassador to Beijing on Saturday to complain about Seoul’s criticism of recent remarks made by the Chinese ambassador to...

U.S. report warns of ‘thousands’ of North Korean hackers

Thousands of IT workers, hackers and front people in Pyongyang's employ may be engaging in cybercrime on the regime's behalf, according to U.S. officials. The...

Foreign Ministry summons Chinese ambassador over ‘provocative remarks’

Korea's Foreign Ministry summoned Chinese ambassador in Seoul Xing Haiming for his "provocative remarks" made during his live-broadcast meeting with the Democratic Party leadership...

Korea shifts to current account deficit in April

Korea returned to a current account deficit in April, dragged down by a jump in overseas travel and foreign dividends. However, the goods balance...

OpenAI CEO open to investing in Korean startups

Sam Altman, CEO of OpenAI, the company behind the groundbreaking ChatGPT, said he is willing to invest in Korean startups and collaborate with bigger...