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Monday, January 22, 2018

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South Korea President Moon Jae-in, U.S. President Donald Trump and Japanese Prime Minister Shinzo Abe pose for a photo at the three-way meeting was held in Hamburg, Germany on July 6 (local time) this year.
Trilateral Summit Meeting
13 September 2017 - 5:00pm
The leaders of South Korea, the United States and Japan has started discussing the ways to hold a summit meeting in New York during the 72nd regular session of the UN General Assembly to be held next...
South Korea has been appointed as the chair country of the G20 International Financial Architecture Working Group (IFA WG) for the G20 Summit Argentina in 2018
Taking the Lead
13 September 2017 - 12:00pm
South Korea has been reappointed as the chair country of the G20 International Financial Architecture Working Group (IFA WG) for the period of 2018. The Ministry of Strategy & Finance announced...
Four launchers have been added to the U.S. THAAD base in South Korea, which triggers a broader backlash and retaliation from China.
Concerns on More Retaliations
8 September 2017 - 3:00pm
Four launchers have been added to the U.S. THAAD base in Seongju County, North Gyeongsang Province. The South Korean government announced on September 7 that it gave China prior notice regarding this...
Park Yong-man, chairman of the Korea Chamber of Commerce and Industry (KCCI) is making an introductory speech at the Korea-Russia Business Dialogue held in Vladivostok of Russia. (photo courtesy: KCCI)
Korea-Russia Business Dialogue
7 September 2017 - 8:15pm
Park Yong-man, chairman of the Korea Chamber of Commerce and Industry (KCCI), proposed the signing of a free trade agreement (FTA) with the Eurasian Economic Union (EAEU) “If South Korea and the EAEU...
Chungho Easy Cash ATM server hacking was committed by North Korean hackers.
N. Korean’s Hacking
7 September 2017 - 11:45am
It has been found that the Chungho Easy Cash ATM server hacking, which continued from September last year to March this year, was committed by North Korean hackers and the financial information...
South Korean rice is being packaged for international aid purposes in May last year. (photo courtesy:Food Assistance Convention,FAC)
International Aid of Rice
7 September 2017 - 11:45am
The South Korean government is planning to accede to the Food Assistance Convention (FAC) within this year in order to provide more food for developing countries and deal with the structural...
On September 2 (local time), US President Donald Trump said that he will discuss whether or not to scratch off the Korea-US Free Trade Agreement (FTA) beginning within the week. (image courtesy: KBS)
Amid Risk of ‘Moon Vs. Trump’
6 September 2017 - 5:15pm
There are growing concerns over the different voices of the two heads of the United States and South Korea with the North Korean threat escalating. “South Korea is finding, as I have told them, that...
U.S. Chamber President and CEO Thomas J. Donohue strongly opposed the withdrawal of the KORUS FTA in a statement issued on September 5 (local time).
US Chamber’s Statement
6 September 2017 - 11:00am
On September 5 (local time), U.S. Chamber President and CEO Thomas J. Donohue issued the following statement in response to reports that the Trump administration is considering withdrawing from the U...
North Korea’s 6th nuclear test will possibly accelerate an economic conflict between the US and China.
Warning Secondary Boycott
5 September 2017 - 6:30pm
There is a growing possibility that the first phase after North Korea’s 6th nuclear test will be an economic conflict between the US and China. "The US is considering options to stop all trade with...
S&P is not still considering adjusting Korea's sovereign credit rating in spite of North Korea’s recent nuclear test.
Despite Mounting Downside Pressure
5 September 2017 - 12:15pm
"A downside pressure on Korea's sovereign credit rating is getting bigger. Currently, however, we are not considering adjusting Korea's sovereign credit rating," Bloomberg News reported on September...
Deputy Prime Minister Kim Dong-yeon said on Sep. 3 that comprehensive real estate holding and property taxes are unlikely to be raised in the near future.
Tax Raising
4 September 2017 - 2:30am
Deputy Prime Minister Kim Dong-yeon said on September 3 that comprehensive real estate holding and property taxes are unlikely to be raised in the near future although the two taxes have been...
Most oil refineries and chemical plants in the area of the Gulf of Mexico in the US were closed down due to Hurricane "Harvey." (photo courtesy: ABC News)
Shutdown of Oil Plants
3 September 2017 - 3:15am
The Korean petrochemical industry is expected to receive reflective profits as Hurricane "Harvey" gave a great deal of damage to the Gulf of Mexico, Texas where the largest oil refinery and chemical...

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