SEOUL, Feb. 14 (Korea Bizwire) – The top diplomats of South Korea, the United States and Japan will hold talks in Munich later this week, Seoul’s foreign ministry said Friday, in what will be their first such trilateral meeting since the launch of the second Donald Trump administration. Foreign Minister Cho Tae-yul will have the [...]
WASHINGTON, Feb. 14 (Korea Bizwire) – The absence of a fully elected leader in South Korea poses a “danger” to Seoul’s efforts to address U.S. President Donald Trump’s push for tariffs, an expert said Thursday, stressing the importance of leader-to-leader engagement to neutralize the impact of those planned or proposed duties. Victor Cha, president of [...]
JAKARTA, Indonesia, Feb. 14 (Korea Bizwire) — At a bustling food expo in the heart of Jakarta, Indonesian shoppers eagerly sampled fresh strawberries flown in from Nonsan, South Korea. Among them was Ainna, a 30-year-old visitor, who proudly showcased a strawberry shortcake she had just purchased. Taking a bite, she remarked, “The combination of fresh [...]
SEOUL, Feb. 13 (Korea Bizwire) — Emerging Asian economies could face significant setbacks if U.S. President Donald Trump intensifies his trade war policies, potentially creating a lose-lose situation for nations that have benefited from global supply chain shifts in recent years, according to a Reuters analysis published on January 11. While Trump initially targeted countries with [...]
TOKYO, Feb. 13 (Korea Bizwire) – South Korea, China and Japan are close to finalizing the arrangements to hold a trilateral meeting of their top diplomats late next month, a report said Thursday. The meeting, set to be held in Tokyo, is most likely to take place March 22, Japan’s Asahi Shimbun daily reported, citing [...]
SEOUL, Feb. 13 (Korea Bizwire) — As South Korean semiconductor manufacturers pivot toward high-bandwidth memory (HBM) chips in the artificial intelligence era, they face mounting uncertainties from aggressive Chinese competition and potential tariffs threatened by U.S. President Donald Trump. While analysts suggest that tariff impacts may be limited given the relatively small share of semiconductor exports [...]
WASHINGTON, Feb. 12 (Korea Bizwire) – The United States is in talks with other countries on “reciprocal” tariffs, a White House official was quoted as saying on Wednesday, as President Donald Trump is pushing for tariffs on U.S. imports to match what other trading partners impose on U.S. exports. Kevin Hassett, director of the National [...]
SEOUL, Feb. 12 (Korea Bizwire) — In a revealing test of China’s latest artificial intelligence chatbot, DeepSeek has drawn criticism for its inconsistent and politically charged responses to sensitive questions about historical and territorial disputes in East Asia. The AI, which garnered attention last month for reportedly outperforming ChatGPT in certain capabilities, responded to queries about [...]
SEOUL, Feb. 11 (Korea Bizwire) – The newly established South Korean Embassy in Havana, Cuba, has launched its website as it has begun its activities in earnest, pledging to expand consular services and seek bilateral cooperation with the host country. South Korea opened its embassy in Cuba last month, a year after the two countries [...]
SEOUL, Feb. 4 (Korea Bizwire) — South Korea’s economic outlook is growing increasingly uncertain as global trade tensions intensify, raising concerns that the country’s real GDP growth rate could fall to the mid-1% range this year. Compounding the risks of domestic political instability, the latest wave of U.S. tariff hikes on key trading partners has further [...]