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Friday, July 4, 2025

KOREA

$5.9 billion of investment announced during Yoon’s visit

U.S. companies committed $5.9 billion of investment to Korea during President Yoon Suk Yeol’s state visit. Corning will make an investment of $1.5 billion in...

Korean and U.S. leaders visit the Korean War Veterans Memorial

WASHINGTON – President Yoon Suk Yeol and U.S. President Joe Biden visited the Korean War Veterans Memorial Tuesday evening in Washington in their first...

Netflix announces plans to invest $2.5 billion in K-content in meeting with Yoon

WASHINGTON — Netflix announced plans to invest $2.5 billion in K-content over the next four years in a meeting between the company's co-CEO Ted...

28 Korean nationals return to Korea from Sudan

Korean nationals who were evacuated from war-torn Sudan arrived safely back in Korea on Tuesday afternoon. A KC-330 military tanker transport aircraft that took off...

Six U.S. companies to invest $1.9 billion in Korea

Six U.S. tech companies agreed to invest a total of $1.9 billion in Korea’s semiconductor, hydrogen and environmentally-friendly businesses. The announcement was made at a...

Strengthening economic alliance meets U.S. protectionism

Korea and the United States are at a crucial juncture in economic cooperation after the two countries pledged to work together in a wider...

Korean companies to invest $8 billion in U.S. battery factories

SK On and Hyundai Motor and related companies will together invest $5 billion to build an electric vehicle battery plant in Georgia, a major...

South Korean President Yoon arrives in Washington today

South Korean President Yoon Suk-yeol arrives in Washington D.C. today. It is the first state visit by a South Korean president in 12 years,...

Hyundai Mobis demonstrates car that can drive sideways to park

Hyundai Mobis has succeeded in applying its e-Corner System to a functioning vehicle, which allows it to move sideways like a crab and spin...

U.S., South Korea sanction a North Korean banker

Seoul and Washington jointly levied sanctions on a North Korean individual tied with the regime’s illicit cyber activities and weapons programs. Jointly announced by the...