News

South Korea's economy shrinks in first quarter amid tariff uncertainty, political turmoil
South Korea's economy unexpectedly contracted in the first quarter of the year, the country's central bank said Thursday, ...
China asks South Korea not to export rare earth products to US defense, warns companies could be sanctioned
The Chinese government has warned South Korean companies of retributions if they continue exporting products containing its ...
Asian shares inch higher as uncertainty over US tariffs persists
Asian markets have inched higher as investors wait to see what comes of negotiations over U.S. President Donald Trump’s ...
UPI4d
Analysis: South Korea struggles with Trump tariffs, expects economic slowdown
April 24 (UPI) --South Korea is bracing for the impact of the Trump administration's tariffs, as reflected in its economic downturn and lowered growth forecast. The Bank of Korea announced ...
Buick vulnerable to Trump tariffs: 'It could just disappear altogether'
Buick in 2024 sold more than 157,000 vehicles in the United States that were imported from South Korea and China — almost 86% ...
U.S. engages key allies U.K., Japan, Korea, Switzerland to strike trade deals
Treasury Secretary Scott Bessent met leaders from the U.K., Japan, South Korea, and Switzerland — all key allies — to ...
Trump tariffs live updates: China eases chip tariffs as US signals quick trade deal with South Korea
In addition, China may exempt US ethane and LPG imports from tariffs if trade talks progress, Goldman Sachs says. The ...
South Korea Q1 GDP unexpectedly contracts, reinforcing rate cut chances
South Korea's economy unexpectedly contracted in the first quarter as exports and consumption stalled amid fears over the ...