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Friday, November 21, 2025

KOREA

President Lee visits Philly Shipyard, says Korean and U.S. shipbuilding industries will grow together

President Lee Jae Myung visited Philly Shipyard, emphasizing Korea U.S. shipbuilding cooperation as part of a $150 billion plan tied to recent trade talks.

U.S. imposes sanctions on firms and individuals funding North Korea weapons

The U.S. Treasury sanctioned North Korean individuals, companies, and a Russian national for using overseas IT workers to fund Pyongyang’s weapons programs.

South Korean President Lee asks Trump to become ‘peacemaker’ on North Korea

During their first summit, South Korea’s President Lee Jae Myung urged Donald Trump to act as peacemaker on North Korea, while both leaders advanced trade and defense cooperation.

North Korea’s leader Kim Jong-un observes missile launch ahead of Korea-U.S. summit

Kim Jong-un oversaw the launch of new surface-to-air missiles on August 23, a move seen as a counter to allied drills and summits ahead of the Korea-U.S. meeting.

Ahead of Lee summit, Trump says there seems to be a ‘purge or revolution’ in South Korea

Hours before his White House summit with Lee Jae Myung, Donald Trump suggested a “purge or revolution” may be unfolding in South Korea, raising questions as the two leaders prepared to discuss trade and investment.

Kim Jong-un awards troops returning from Russia with national commendations

Kim Jong-un has awarded national commendations to North Korean commanders returning from Russia, highlighting their role in the Kursk operation and reinforcing the deployment’s legitimacy.

K-brands gain ground despite sluggish restaurant market growth

Despite economic uncertainty and the lingering effects of inflation slowing the overall restaurant industry, Korean food brands are making notable strides. According to the 2025...

Lee to face high-stakes test of his diplomatic skills in first Trump summit

President Lee Jae Myung will meet U.S. President Donald Trump in Washington on August 25 in a high-stakes first summit focused on trade, defense, and diplomacy.

New North Korea ICBM base discovered, nuclear threat to U.S. mainland

A new missile base in North Korea’s Sinpung-dong, near the Chinese border, may host ICBMs and expand the country’s nuclear strike capabilities, according to CSIS.

Trump’s possible equity-for-subsidy demand shakes Samsung, incites governance concerns

The Trump administration’s possible equity-for-subsidy demand on Samsung has sparked alarm, raising governance and policy concerns for chipmakers.