SEOUL, Nov. 14 (Korea Bizwire) — South Korea and the United States have agreed to accelerate long-stalled efforts to transfer wartime operational control (OPCON) to Seoul, a move that aligns with President Lee Jae-myung’s pledge to complete the transition before the end of his term in 2030. The commitment was included in a joint fact sheet [...]
WASHINGTON, Nov. 13 (Korea Bizwire) – The United States has formally endorsed South Korea’s long-standing ambition to build nuclear-powered submarines and expressed support for Seoul’s push to acquire civil uranium enrichment and spent-fuel reprocessing capabilities, according to a joint fact sheet released Thursday. The document, issued by the White House, summarizes the outcomes of two [...]
SEOUL, Nov. 11 (Korea Bizwire) — North Korean hackers have escalated their cyberattacks to a new level of sophistication, using artificial intelligence to remotely control South Koreans’ smartphones, erase data, and even spy on users through webcams and location-tracking services, according to industry experts. Cybersecurity analysts say the regime’s hacking operations have evolved from data theft [...]
SEOUL, Nov. 10 (Korea Bizwire) — A presidential commission said Monday it has approved a goal to reduce South Korea’s greenhouse gas emissions by 53-61 percent from 2018 levels by 2035 in a bid to accelerate the transition to carbon neutrality while enhancing industrial competitiveness. The Presidential Commission on Carbon Neutrality and Green Growth said [...]
SEOUL, Nov. 7 (Korea Bizwire) — South Korea’s elite Air Force aerobatic team, the Black Eagles, will not participate in this month’s Dubai Airshow after Japan refused to allow the team’s jets to refuel at one of its bases, citing recent training near the disputed Dokdo islets, military sources said Thursday. According to officials, the South [...]
SEOUL, Nov. 2 (Korea Bizwire) — South Korea and Singapore agreed Saturday to elevate their bilateral ties to a strategic partnership, pledging closer cooperation across security, technology, and economic sectors as both nations navigate rising geopolitical uncertainty. President Lee Jae Myung and Singaporean Prime Minister Lawrence Wong announced the upgrade following a summit at the presidential [...]
SEOUL, Nov. 2 (Korea Bizwire) — Several South Korean companies have reportedly canceled or postponed planned investments in the United States following the detention of hundreds of Korean workers at a Hyundai Motor–LG Energy Solution battery plant in Georgia earlier this year, the Washington Post reported Saturday. Citing multiple consultants and lawyers involved with Korean firms, [...]
GYEONGJU, South Korea, Oct. 29 (Korea Bizwire) – South Korea and the United States announced a finalized tariff agreement on Wednesday, ending months of contentious negotiations and signaling a deepening phase in their industrial partnership. President Lee Jae Myung and President Donald Trump confirmed the deal during talks held on the sidelines of the Asia-Pacific Economic [...]
KUALA LUMPUR, Oct. 29 (Korea Bizwire) – En route to Kuala Lumpur, U.S. Defense Secretary Pete Hegseth offered a strikingly positive endorsement of South Korea’s ambitions to reclaim wartime operational control from Washington, signaling a shift in how the alliance conceives of leadership during a crisis on the Korean Peninsula. Speaking to reporters aboard his plane [...]
GYEONGJU, South Korea, Oct. 29 (Korea Bizwire) – South Korean President Lee Jae Myung used a high-stakes summit in Gyeongju on Wednesday to push Washington toward a long-sought goal: the fuel needed to operate nuclear-powered submarines. Meeting U.S. President Donald Trump in the ancient capital, Lee argued that South Korea’s diesel-powered fleet no longer provides [...]