55 F
Los Angeles
Tuesday, December 16, 2025

KOREA

Won rises as Fed expected to pause rate hikes

The won slipped below the 1,300 mark on Wednesday for the first time since late March, thanks to a slowing trade deficit and expectations...

Samsung Biologics’ new production plant to be ready by April 2025

Samsung Biologics’ upcoming $1.5-billion production plant will be ready for operation by April 2025, five months earlier than previously expected, according to the pharmaceutical...

Yoon stresses ‘nuclear’ alliance with U.S. on Memorial Day

President Yoon Suk Yeol underscored that South Korea-U.S. ties have been upgraded to a "nuclear-based alliance" amid escalating threats from the North in a...

Government to spend 64 trillion won on promoting service exports

The government will pour 64 trillion won ($49.2 billion) into promoting service exports over the next five years, in a bid to bring the...

Extended deterrence group expected to meet next month

The first meeting of a joint South Korean-U.S. nuclear deterrence and strategic planning group is expected to take place next month, an informed source...

Samsung Biologics signs CMO agreement with U.S. company

Samsung Biologics inked a $112.5 million contract manufacturing organization (CMO) letter of intent with an unnamed U.S. biopharmaceutical firm, the Korean company said in...

YouTube closes MAU gap with Kakao and Naver

YouTube is gaining a strong foothold in Korea as its number of monthly users is close to outpacing that of dominant players like Kakao...

U.S.-China tensions overshadow Shangri-La Dialogue

Reining in North Korea's rising military threats dominated South Korean Defense Minister Lee Jong-sup's talks with defense chiefs from the United States, Japan and...

Yoon pledges more support for overseas Koreans at launch of new agency

President Yoon Suk Yeol pledged to better protect and serve the needs of some 7.5 million Koreans living outside the country in a ceremony...

Yoon taps heads of Veterans Ministry, new overseas Koreans agency

President Yoon Suk Yeol named the heads of the upgraded Ministry of Patriots and Veterans Affairs and new agency in charge of overseas Koreans...