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. 5 (Korea Bizwire) — Defense Minister Ahn Gyu-back signaled support on Wednesday for constructing South Korea’s first nuclear-powered submarine at a domestic shipyard, arguing that the nation’s decades of shipbuilding expertise make it capable of managing such an ambitious defense project. The comments come amid Seoul’s accelerating pursuit of a nuclear-powered submarine fleet—a capability [...]
SEOUL, Nov. 5 (Korea Bizwire) — Xiaomi announced Tuesday that it will launch a special discount event for its flagship smartphone, the Xiaomi 15 Ultra, after Chinese President Xi Jinping presented the device to South Korean President Lee Jae-myung during their recent summit. Xiaomi Korea said it was “honored” that one of its latest flagship models [...]
SEOUL, Nov. 4 (Korea Bizwire) — President Lee Jae Myung pledged on Tuesday to accelerate South Korea’s path toward a self-reliant military and expand its defense capabilities, while renewing calls for dialogue with North Korea amid growing regional uncertainty. “We will significantly strengthen our national defense and realize the vision of self-reliant defense,” Lee said in [...]
TOKYO, Nov. 3 (Korea Bizwire) — A plan for a South Korean Air Force jet to refuel at a Japanese Self-Defense Force base has collapsed after Tokyo raised objections over the aircraft’s prior flight over Dokdo, the disputed islets between the two countries, Japan’s Yomiuri Shimbun reported Sunday. According to the report, Seoul had requested permission [...]
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, Oct. 30 (Korea Bizwire) — As South Korea’s ancient city of Gyeongju played host to the Asia-Pacific Economic Cooperation (APEC) CEO Summit this week, one guest drew particular fascination not for his diplomacy, but for his dinner order. U.S. President Donald Trump, who stayed overnight at the Hilton Hotel in Gyeongju during his two-day [...]
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 [...]