South Korea parliament approves president's nominee for PM Kim Min-seok

SEOUL (Reuters) -South Korea's parliament approved on Thursday the nominee for prime minister, Kim Min-seok, a veteran lawmaker and a political ally of President Lee Jae Myung, paving the way for the liberal leader to form a new cabinet after his …

South Korea's leader says trade deal with US remains unclear ahead of Trump's deadline

SEOUL – South Korean President Lee Jae Myung said that it remained unclear whether Seoul and Washington could conclude their tariff negotiations by the deadline set by President Donald Trump for next week, noting Thursday that both nations were still …

South Korea Plans Bold Spending To Revive Economy

Home Asia South Korea Plans Bold Spending To Revive Economy The president also said in his opening remarks that he was doing his best to achieve a "mutually beneficial and sustainable" outcome from trade negotiations with the United States. South …

South Korea's Lee pledges 'bold' economic policy after martial law crisis

By Josh Smith SEOUL (Reuters) -South Korean President Lee Jae Myung vowed on Thursday to implement a "bold" fiscal policy to boost a flagging economy after the country's martial law crisis and to tackle challenges posed by looming U.S. …

Lee Says Unsure South Korea Can Land US Trade Deal by Deadline

(Bloomberg) -- South Korean President Lee Jae Myung said it remains unclear if trade talks between Seoul and Washington can result in a deal before next week’s deadline to avert sweeping tariffs from President Donald Trump. Most Read from Bloomberg “We are …

Taiwan, South Korea and Japan also need to spend 5 percent on defence

There’s no shortage of measures that the United States’ major East Asian friends could spend an increased defence budget on. NATO allies of the US have agreed to allocate 5 percent of GDP to defence and related spending. With the growing risk of …

South Korea’s leader says trade deal with US remains unclear ahead of Trump’s deadline

Went looking for K-drama churches – and found 12 more must-see spots in Southern Korea

MANILA, Philippines — When life gives you tangerines—or maybe just the longing for somewhere new—some places in South Korea answer with warmth and wonder, the kind that lingers long after the vacation is over. Busan’s glimmering coastlines and colorful …

Who is Lee Jae-myung, South Korea's new president?

Lee Jae-myung has been elected as South Korea's new president, marking a dramatic reversal of fortunes just three years after his razor-thin defeat in the 2022 election. At 61, Lee's victory crowns a career forged far from the elite circles of …

South Korea's Lee says deadline deal on US tariffs will be 'difficult'

SEOUL -- South Korean President Lee Jae Myung said Thursday it will likely be "difficult" to reach an agreement with the U.S. on looming tariffs by next week's deadline but added that he is pursuing a "win-win outcome" as he …