Read the latest news from regional and global sources, presenting different voices and perspectives.
South Korean bank stocks surge on stablecoin trademark filings
Shares of major South Korean banks surged following trademark filings for stablecoins, signaling growing institutional interest in digital assets. According to Google Finance data, at least three South Korean banks that recently applied for Korean...

Will US tariff pressure on Japan and South Korea push them closer to China?
Even as Washington ramps up pressure on Japan and South Korea to settle trade disputes with the US, diplomatic observers believe tariffs imposed by US President Donald Trump are not likely to push its two Asian allies closer to Beijing. However,...

Expert reveals how Donald Trump's trade tariffs could benefit Aussies
Consumers could benefit from lower interest rates and cheaper goods after Donald Trump announced increased tariffs on two of Australia's biggest trading partners. The US president has brought in 25 per cent tariffs on goods from Japan and Korea,...

XRP Emerges as South Korea’s Top Crypto, Surpasses BTC & ETH on Upbit
XRP has surged to dominate trading activity on Upbit, South Korea’s leading cryptocurrency exchange. This comes amid a broader slowdown in the crypto market, where the most significant assets are facing slight retracements. Massive XRP Trading...

Naver TV in as EWC streaming partner in South Korea
South Korean streaming firm Naver TV has secured rights to the annual Esports World Cup (EWC) in a three-year deal. Naver, through its CHZZK service, has now been signed up as the exclusive Korean broadcast partner of the EWC, with the 2025...

Countries with large trade imbalances with the US have been major targets
South Korea, already burdened by sector-specific levies on steel and automobiles, is facing a 25% tariff hike on its remaining exports to the US, but is cautiously optimistic of brokering a deal. Washington “expressed agreement” and “hoped the two...

Trump sets 25% tariffs on Japan and South Korea, new import taxes on 12 other nations
WASHINGTON (AP) — President Donald Trump on Monday set 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 Aug. 1. Trump provided notice by posting letters on...

Valve provides clarification following reports it pulled controversial Steam mod worldwide at request of South Korean government
Valve has denied reports its pulled a controversial mod from Steam around the world at the request of the South Korean government, saying the mod was only blocked in South Korea and only because it broke local laws. The mod's author is said to be...

Trump’s tariffs have hit South Korea and Japan. India has been wise in charting a cautious path
What began as sweeping “Liberation Day” tariffs on April 2, encompassing a 10 per cent baseline duty and hikes up to 50 per cent, has mutated through deadline after deadline, first slated for July 9 and now postponed to August 1. Despite Trump’s...

Trump imposes 25 per cent tariffs on Japan and South Korea, warns against retaliation
President Donald Trump has imposed new tariffs on imports from Japan, South Korea, and 10 other nations, effective August 1. The move has sparked diplomatic pushback, legal challenges, and market jitters as trade negotiations remain unresolved and...

Donald Trump sets 25% tariffs on Japan and South Korea, new import taxes on 12 other nations
President Donald Trump on Monday set 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 Aug. 1. Trump provided notice by posting letters on Truth Social that...

UN: Trump’s Policies Risk Extended Trade Uncertainty
The United Nations stated on Tuesday that while US President Donald Trump’s decision to delay the imposition of broad tariff increases on significant trading partners has provided temporary respite, it has prolonged uncertainty surrounding global...

South Korea pushing for summit with Trump over tariffs
The United States is now preparing to slap a 25-percent tariff on South Korea. But officials in Seoul are optimistic about reaching an agreement. President Donald Trump said on Monday that he has sent a letter to his counterpart Lee Jae-myung,...

Japan, South Korea Desperate to Reduce 25% Tariff by August
Leaders of Japan and South Korea are desperate to get the United States to reduce its proposed tariffs, which currently stand at 25% for the two most dynamic economies in North Asia. The trade onslaught launched by the Trump Administration has...
Analysis-Trump's tariff deadline delay brings hope, confusion to trade partners, businesses
By David Lawder, Andrea Shalal and Timothy Aeppel WASHINGTON (Reuters) -U.S. President Donald Trump's latest tariff delay provided some hope to major trade partners Japan, South Korea and the European Union that deals to ease duties could still be...
Trump sets 25% tariffs on Japan, South Korea, new import taxes on 12 other nations
VOL. 49 | NO. 28 | Friday, July 4, 2025 WASHINGTON (AP) — President Donald Trump on Monday set 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 Aug. 1. Trump...
AP Business SummaryBrief at 2:45 p.m. EDT
Trash and tension mount in Philadelphia on Day 8 of workers strike, while some seek pop-up haulers PHILADELPHIA (AP) — Philadelphia faces mounting trash and tension as a strike by many of the city's blue-collar workers enters its eighth day. Some...

14 Countries Hit With New U.S. Tariffs Under Trump Trade Plan
President Donald Trump announced new tariffs on 14 countries this week, with rates ranging from 25% to 40%, impacting a wide range of U.S. trading partners and manufacturing hubs. The tariffs are set to take effect August 1 unless new trade...

Trump threatens to escalate trade war amid confusion over new tariff rates
Donald Trump vowed to further escalate his trade wars on Tuesday, threatening US tariffs of up to 200% on foreign drugs and 50% on copper, amid widespread confusion around his shifting plans. Hours after saying his latest deadline for a new wave...

25% tariff on Japan, South Korea: Is Trump turning allies into aliens?
With 25 per cent tariffs on Japan and South Korea, US President Donald Trump has continued punishing allies and rewarding traditional adversaries. Trump on Monday sent out letters to 14 countries to announce new tariffs on them as the waiver on...