Read the latest news from regional and global sources, presenting different voices and perspectives.
Grid Interconnection Deal Sealed for 1 GW South Korean Offshore Wind Projects
Offshore Wind
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July 8, 2025
Haesong Offshore Wind Company has signed a grid interconnection agreement with Korea Electric Power Corporation (KEPCO) for the Haesong Offshore Wind 1 and Haesong Offshore Wind 3 projects. Haesong Offshore Wind 1 and 3 projects are managed and...
Pres.Trump announces 25% tariffs on seven countries including Japan, South Korea starting August 1st
77 WABC Radio - New York
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July 8, 2025
shutterstock_2620657025-1724297 President Donald Trump announced on Monday that at least seven countries are set to face steep tariffs on their imports, to begin on Aug. 1st. In a series of posts on his Truth Social platform, Trump shared...
Trump says to impose 25-pct tariffs on Japan, South Korea and other countries
Africanews
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July 8, 2025
U.S. President Donald Trump said Monday on social media that 25-percent tariffs will be imposed on imports from Japan and the Republic of Korea (ROK), respectively, beginning Aug. 1. In his letters addressed to the ROK president and the Japanese...
Two of Georgia’s top trade partners, South Korea and Japan, hit with tariff threats
The Atlanta Journal-Constitution - Georgia
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Three months ago, Trump put on hold most of the “reciprocal” tariffs he announced April 2, which he coined “Liberation Day,” amid panic in the stock and bond markets. On Monday, White House press secretary Karoline Leavitt said Trump would sign an...
South Korean stars Ahn Hyo-seop and Lee Min-ho coming to Singapore to promote new thriller
Channel News Asia
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July 8, 2025
This movie marks Ahn Hyo-seop’s theatrical acting debut. He is best known for his roles in K-dramas Doctor Romantic 2 and 3, Business Proposal and Lovers Of The Red Sky. Meanwhile Lee, who is a household name across Asia, is best known for K-drama...
South Korean Economy In Doldrums Amid Weak Domestic Demand, US Tariff Uncertainty
MENAFN
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July 8, 2025
(MENAFN- IANS) Seoul, July 8 (IANS) The South Korean economy remains subdued amid weak domestic demand and worsening external uncertainties stemming from the United States' aggressive tariff policy, among other factors, a state-run think tank said...
South Korea faces no-win dilemma over China’s Victory Day invitation
Korea Pro
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July 8, 2025
How Seoul handles Beijing’s invitation could reshape perceptions among allies and adversaries alike, experts say President Lee Jae-myung's decision on whether to attend China’s Sept. 3 Victory Day celebrations risks being interpreted as a shift in...
Youth work intent falls from 56% to 50% in South Korea over a decade: Report
ETHRWorld Southeast Asia
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July 8, 2025
Youth work intent falls from 56% to 50% in South Korea over a decade: ReportA growing share of young South Koreans, particularly unmarried individuals aged 19 to 39 living with their parents, are showing declining willingness to join the...
South Korean won, Thai baht firm on hopes US trade deals still salvageable
Business Recorder
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July 8, 2025
The South Korean won and Thai baht rebounded on Tuesday after President Donald Trump confirmed their US tariff rates would remain unchanged until August 1, giving both countries more time to negotiate and secure better trade deals. The won...
How China, Japan and South Korea can be titans of tech innovation
South China Morning Post
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July 8, 2025
Just ahead of the July 9 deadline to reach an agreement on tariffs, US President Donald Trump announced his decision on the tariffs levels for 14 countries – including a rate of 25 per cent on Japan and South Korea – effective August 1. Trump...
Trump announces steep new tariffs on Japan, South Korea
Salon
·
July 8, 2025
President Donald Trump revealed new tariffs on U.S. trading partners in a series of social media posts on Monday. Sharing screenshots to Truth Social, the president revealed blanket tariffs on imports from Japan, South Korea and 12 other countries...
India’s tough stand: Electronics makers eye tie-ups with Korea, Taiwan cos
The Times of India
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The application deadline for the electronics component manufacturing scheme is set to conclude at July end. (AI image) Indian electronics component manufacturers are fast shifting away from China’s firms. As applications for the electronics...
Meet South Korea's new millennial beauty billionaire, who counts Kylie Jenner as a fan of his skincare gadgets
Business Insider
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July 8, 2025
South Korean beauty is having its moment, and one millennial is raking in big bucks from it. Kim Byung-Hoon, the 36-year-old chief executive of Seoul-based cosmetics company APR Corp., became the country's newest billionaire. With a 31% stake in...
Is South Korea’s strong start sustainable?
FT Adviser
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Readers may recall that last week we touched upon whether South Korea presents an opportunity for wealth managers, noting Morningstar’s use of Korea-only funds in the belief that its long-standing ‘discount’ will be soon unlocked by corporate...
Trump sends tariff letters, placing 25% duty on Japan and South Korea
Euronews
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July 8, 2025
President Donald Trump on Monday announced a 25% tax on goods imported from Japan and South Korea, as well as new tariff rates on a dozen other nations that would go into effect on 1 August. Trump posted letters on Truth Social that were addressed...
Trump to Impose 25% Tariffs on Japan and South Korea from Aug 1 After 90-Day Pause, Warns of Retaliation Without Trade Deals
The Logical Indian
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July 8, 2025
US President Donald Trump has officially announced that 25% tariffs on imports from Japan and South Korea will be imposed starting August 1, 2025, unless new trade agreements are finalised before the deadline. This announcement comes after a...
Seoul shares soar nearly 2 pct as U.S.-led trade talks to continue till Aug.
Yonhap News Agency
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July 8, 2025
SEOUL, July 8 (Yonhap) -- South Korean stocks closed higher for two sessions in a row Tuesday as investors were relieved with U.S. President Donald Trump's letters to trade partners that extend the deadline for tariff talks to the start of next...
Japan, South Korea Stocks Gain as Trump Extends Tariff Deadline
Yahoo Finance
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(Bloomberg) -- Japanese and South Korean equities rose Tuesday on cautious hopes that the countries can reach trade deals ahead of US President Donald Trump’s newly extended tariff deadline. Most Read from Bloomberg The blue-chip Nikkei 225 gained...
Bulgaria, South Korea Reaffirm Strategic Energy Partnership
Bulgarian News Agency
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Bulgaria’s Energy Minister Zhecho Stankov Tuesday conferred with the Republic of Korea’s Ambassador in Sofia Dong-bae Kim and representatives of Hyundai Engineering and Construction. The discussions focused on the strategic partnership surrounding...
Financials lead Indian equity benchmarks higher; tariff jitters cap gains
Business Recorder
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July 8, 2025
India’s benchmark indexes inched up on Tuesday, led by gains in financials, though broader market weakness and uncertainty around U.S. President Donald Trump’s new tariff proposals capped overall gains. The Nifty 50 rose 0.24% to 25,522.50 points...