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Friday, July 4, 2025

KOREA

Stocks fall as investors take cover before Fed rate meeting

Shares ended lower Tuesday, tracking falls on Wall Street, as investors stay cautious ahead of the Federal Reserve's rate decision this week. The won...

Pentagon chief arrives in South Korea for talks on deterrence against North Korea

U.S. Defense Secretary Lloyd Austin arrived in Seoul on Monday for talks with his South Korean counterpart over deterrence against North Korean nuclear and...

NATO chief encourages Korea to ‘step-up’ support for Ukraine

North Atlantic Treaty Organization (NATO) Secretary General Jens Stoltenberg has invited President Yoon Suk Yeol to the alliance's summit in Lithuania in July during...

Seoul stocks open higher on U.S. advances

Seoul stocks opened slightly higher Friday, tracking overnight gains on Wall Street. The benchmark Kospi rose 0.75 points, or 0.03 percent, to 2,469.4 in the...

Hyundai Mobis reports record revenue in 2022, lower-than-expected net profit

Hyundai Mobis reported lower-than-expected net profit in 2022, impacted by the rising raw material costs. The auto parts maker logged a net profit of 2.5...

U.S. Secretary of Defense Lloyd Austin to visit Korea, Philippines

U.S. Secretary of Defense Lloyd Austin will visit Korea and the Philippines from Sunday to highlight regional defense partnerships, the Department of Defense announced...

Chinese commenters target any mention of Lunar New Year

https://www.youtube.com/watch?v=psOrYXQTxNE . Lunar New Year or Chinese New Year?K-pop stars Jang Won-young of IVE and Seohyun of Girls’ Generation have been bombarded by Chinese social media...

Local tech stocks boosted by U.S. market after Lunar New Year break

Korea’s tech stocks, both big and small, received a major boost Wednesday following the Lunar New Year holiday, taking a positive cue from the...

Ford says plan for EV battery plant in Turkey with SK On still on track

SK On and Ford Motor’s plans for a joint electric vehicle (EV) battery plant in Turkey are still on track. “The non-binding MOU signed...

[Column] The costs and risks of Korea’s nuclear armaments

  Robert Einhorn The author is a senior fellow at the Brookings Institution and a former senior official at the U.S. Department of State responsible for...