SEOUL, Jun. 26 (Korea Bizwire) — The state-run Korea Gas Corp. (KOGAS) said Monday that the first cargo of U.S. shale gas will arrive here next month. In 2012, KOGAS signed a deal with the Texas-based Cheniere to bring in 2.8 million tonnes of LNG annually for 20 years starting this year. The import of [...]
SEOUL, Jun. 15 (Korea Bizwire) — The U.S. business lobby in South Korea floated the idea Wednesday that Asia’s fourth-largest economy should create a “Buy American Fund” ahead of crucial summit talks between leaders set for later this month. President Moon Jae-in is scheduled to hold his first summit with U.S. President Donald Trump in [...]
SEJONG, June 13 (Korea Bizwire) – The South Korean government vowed Tuesday to take all necessary measures to deal with growing U.S. barriers against its trade surplus and steel products. “As the U.S. government has been moving to strengthen trade restrictions and raise barriers, all government ministries need to formulate countermeasures against such developments,” Deputy [...]
SEOUL, Jun. 1 (Korea Bizwire) — Six in 10 South Koreans have a negative viewpoint of China’s influence on their country, according to a poll released Wednesday. In the poll of 758 adult South Koreans organized jointly by the Asan Institute for Policy Studies and several foreign institutions early this year, 60 percent negatively evaluated [...]
SEOUL, May 26 (Korea Bizwire) – “Moonshine Policy” is what the media have dubbed President Moon Jae-in’s stance towards North Korea, taken from late President Kim Dae-jung’s famous Sunshine Policy that earned him the Nobel Peace Prize in 2000. After over nine years of rule at the hands of two conservative presidents, South Korea has a [...]
SEOUL, May 15 (Korea Bizwire) — U.S. businesses based in South Korea said Sunday they will send a delegation to the White House this month to promote the benefits of the free trade agreement between Seoul and Washington as the Donald Trump administration is reviewing the five-year deal for a possible renegotiation. The delegation of [...]
SEOUL, April 21 (Korea Bizwire) – South Korean historians and activists rallied in downtown Seoul Friday angered by a report that U.S. President Donald Trump quoted Chinese leader Xi Jinping as saying the two Koreas “used to be a part of China.” The members of the Institute of Korean Cultural Studies and other history institutions [...]
SEOUL/BEIJING, Apr. 21 (Korea Bizwire) — South Korea’s foreign ministry said Thursday that it is working to confirm reports that Chinese leader Xi Jinping told U.S. President Donald Trump that Korea “used to be a part of China.” “We are working to confirm the reports through diverse diplomatic channels including the United States and China,” [...]
SEOUL, Apr. 20 (Korea Bizwire) — South Korea on Wednesday dismissed the controversial remark reportedly made by U.S. President Donald Trump that Korea was “part of China” as untrue and not worthy of response. “Whether that is true or not, Korea hasn’t been a part of China for thousands of years and it is an [...]
SEOUL, Apr. 11 (Korea Bizwire) — As North Korean leader Kim Jong-un is constantly testing U.S. President Donald Trump’s resolve, the Pentagon is reacting with a clear warning message by placing a host of formidable strategic assets near the Korean Peninsula. The return of the Carl Vinson Strike Group, which belongs to the San Diego-based [...]