South Korea has proposed a "package deal" that includes both economic and security considerations as part of its ongoing bilateral tariff negotiations with the United States, National Security Adviser Wi Sung-lac said, as reported by Korea Herald.
Senior judge at the Seoul Central District Court, Nam Se-jin, issued the arrest warrant requested by special counsel Cho Eun-suk, citing concerns that Yoon could destroy evidence.
Samsung Electronics announced its second-quarter operating profit dropping by nearly 56 per cent compared to the same period last year, largely due to downturn in its semiconductor business and the impact of U.S. trade restrictions, as reported by the Korea Herald.
A source familiar with the situation said that the 14 countries on the list were there because the United States felt trade negotiations with them had not made progress, were not successful, or were not worth continuing.
Trump first shared the letters sent to Japan's Prime Minister Shigeru Ishiba and South Korea's President Lee Jae-myung. Around two hours later, he announced similar letters were sent to Malaysia, Kazakhstan, South Africa, Myanmar and Laos.
The shipbuilding arm of HD Hyundai, HD Korea Shipbuilding & Offshore Engineering, signed a comprehensive memorandum of understanding with India's largest state-owned shipbuilder, Cochin Shipyard Limited (CSL), marking a major step in expanding its footprint in the world's most populous m
South Korea's largest airline, Korean Air, said that it is broadening its role in the global aerospace sector, leveraging its long-standing expertise in aircraft manufacturing, military aviation support and maintenance services reports Korea Herald.
The South Korean government announced it will begin distributing cash handouts to all citizens from July 21, as part of a major effort to revitalise domestic consumption amid global economic uncertainties, the Korea Herald reported.
South Korea's leading semiconductor companies are increasing their investments in production facilities, driven by strong forecasts for rapid growth in the artificial intelligence (AI) chip market, reported the Korea Herald.