News

South Korea passes extra Budget before tariff deadline
SEOUL: South Korea's parliament and cabinet approved a 31.8 trillion won (US$23.3 billion) extra budget as new President Lee Jae Myung seeks to revive an economy struggling with weak consumption and ...
Currency Markets Signal Alarm As July 9 Tariff Deadline Looms
Markets may be underpricing U.S. tariff risks as global trade tensions rise and currencies react. See why investors should ...
Seoul, Washington still discussing tariffs
South Korean President Lee Jae-myung said that it remained unclear whether Seoul and Washington could conclude their tariff ...
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 ...
Trump’s tariff pause expires next week. Here’s how well Asian governments have been doing in negotiations with Washington
With just days to go until tariffs return, the Trump administration is still trying to negotiate new agreements with major ...
South Korea Factory Activity Shrinks for 5th Month but at Milder Pace, PMI Shows
The Purchasing Managers Index (PMI) for manufacturers in Asia's fourth-largest economy, released by S&P Global, edged up to ...
BOK’s Rhee Says Tariff Hit to Growth Remains Problem for Policy
The Bank of Korea remains concerned at the tariff impact on economic expansion rather than inflation and is judging how to ...
Threat of More Tariffs Hangs Over Countries Negotiating Trade Deals
As America’s largest trading partners race toward deals, they are increasingly worried about being hit with future tariffs on ...