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Tuesday, July 1, 2025

KOREA

North fires two more missiles as world tries to react

The U.S. Navy’s aircraft carrier USS Ronald Reagan, front, and South Korean Navy ships Munmu the Great and Gangwon steam in formation in...

Foreign reserves dip but BOK says not to worry

Korea’s foreign reserves fell for the second month in a row in September.  The Bank of Korea said foreign reserves fell to $416.8 billion as...

SoftBank’s Son does not offer Arm to Samsung Electronics: Sources

SoftBank Group CEO Masayoshi Son, right, and Samsung Electronics Vice Chairman Lee Jae-yong,left, enter the Korea Furniture Museum in central Seoul in 2019...

Biden tells Yoon in letter that IRA discussions will continue

    U.S. President Joe Biden sent a letter to President Yoon Suk-yeol reassuring him that discussions will continue over Korean concerns about the Inflation Reduction...

Yoon Suk-yeol warns of ‘resolute’ response after North Korea’s IRBM launch

President Yoon Suk-yeol answers questions from reporters at the presidential office in Yongsan District, central Seoul, on Tuesday. President Yoon Suk-yeol warned...

Hyundai Motor EV sales in U.S. drop after IRA ends credit

Hyundai Motor EV sales in the United States have fallen since the Inflation Reduction Act (IRA) went into effect. The company sold 1,306 Ioniq 5s...

Georgia gives recognition to Korean veterans

Anti-Corruption and Civil Rights Commission Chairperson Jeon Hyun-heui, center, poses with Georgia State Senator Ed Harbison, left, and State Representative Bill Hitchens who...

U.S. reaffirms commitment to defense of South Korea after North’s missile launch

U.S. Vice President Kamala Harris, right, looks at North Korea from Observation Post Ouellette inside the demilitarized zone separating Korea at the western...

Korean tech stocks hit 52-week lows after U.S. big tech shares dive

Korean tech stocks hit new 52-week lows following sharp falls of U.S. tech shares overnight. Samsung Electronics traded at 51,800 won ($36) at 9:55 a.m., a...

PCR tests no longer required after arrival to Korea starting Saturday

    The PCR tests mandatory upon arrival in Korea are no longer required for travelers into the country starting this Saturday, the country’s health authorities...