White House releases fact sheet on S. Korea's investments, reaffirms 'steadfast' alliance

The White House has released a fact sheet enumerating a series of South Korea's plans to invest in the United States, saying US President Donald Trump secured "more billion dollar deals" during his state visit to Korea this week. The release on Wednesday came as Trump is currently in South Korea for a two-day visit that ends Thursday. The deals included those that have already been announced by the South Korean industry following Trump's first summit with South Korean President Lee Jae Myung at

Oct. 30, 2025

Security forces on heightened alert as Trump set to arrive in Gyeongju

Security forces were on heightened alert as US President Donald Trump was set to arrive in Gyeongju on Wednesday for the Asia-Pacific Economic Cooperation gathering. Trump is expected to arrive at Gimhae International Airport in the southern city of Busan and fly to Gyeongju aboard Marine One, his presidential helicopter. Police and security officers have sealed off a heliport located close to the Hilton Hotel near the summit venue, where he is expected to stay. Trump is likely to transfer to hi

Oct. 29, 2025

S. Korea, US to sign deal to strengthen AI cooperation: report

South Korea and the United States are expected to sign a deal Wednesday to boost cooperation in advanced technologies, including artificial intelligence, quantum computing and 6G, according to a report by Bloomberg. The signing will take place as President Lee Jae Myung and US President Donald Trump will meet for talks later in the day in Gyeongju on the sidelines of the Asia-Pacific Economic Cooperation gathering. Under the agreement, the two countries will make efforts to strengthen export con

Oct. 29, 2025

APEC foreign, trade chiefs set to meet amid concerns over global trade

A ministerial meeting of the Asia-Pacific Economic Cooperation forum was set to kick off Wednesday, bringing together top foreign and trade officials of the 21 member economies with a focus on exploring ways to enhance trade cooperation and promote regional security. The APEC Ministerial Meeting, running through Thursday, comes as the multilateral gathering seeks to reach common ground on key initiatives for growth and co-prosperity, amid rising protectionism and weakening global trade fueled by

Oct. 29, 2025

S. Korea vows to work with intl. community to stem transnational crimes at ASEAN-related meeting

Foreign Minister Cho Hyun has said South Korea will work more closely with Southeast Asian nations and the broader international community to combat growing transnational crimes in the region, such as online scams, the foreign ministry said Tuesday. Cho made the call during the East Asia Summit, a regional gathering involving the 11-member Association of Southeast Asian Nations, South Korea, Japan, China, the United States and a few others in Kuala Lumpur on Monday, the ministry said in a releas

Oct. 28, 2025

PM calls for hosting 'unrivaled' APEC summit

Prime Minister Kim Min-seok called Tuesday for hosting an "unrivaled" Asia-Pacific Economic Cooperation summit this week in line with the country's international standing. Kim made the remark during a Cabinet meeting a day after the gathering of the 21 APEC member economies began in the southeastern city of Gyeongju. "This summit will be a forum for global economic cooperation and cultural exchange, as well as a moment in history that creates a new framework for the global trade order," the prim

Oct. 28, 2025

S. Korea, Japan arranging summit talks between Lee, Takaichi Thursday: report

South Korea and Japan have been arranging bilateral summit talks between President Lee Jae Myung and Japan's new Prime Minister Sanae Takaichi later this week, a Japanese media report showed Tuesday. Seoul and Tokyo are seeking to arrange the summit for Thursday, the Japanese newspaper Asahi Shimbun said, noting that the leaders of the two countries both appear to seek to maintain the momentum to improve bilateral ties. The envisioned meeting comes as Takaichi is expected to arrive in South Kore

Oct. 28, 2025

Security tightened to highest levels ahead of Trump's APEC arrival

Security forces raised their alert to the highest levels in Gyeongju, the host city of the Asia-Pacific Economic Cooperation summit, deploying riot police, armored vehicles and anti-drone systems to ensure fortress-like security. Security operations reached a fever pitch in and around the Bomun Tourist Complex, where the summit will be held and many leaders will be staying, as police activated the top Gapho alert across North Gyeongsang Province, home to Gyeongju. South Korea is hosting the mult

Oct. 28, 2025

Future tech forum, welcome reception set for APEC biz leaders on eve of CEO summit opening

The Asia-Pacific Economic Cooperation CEO Summit is set to kick off in the southeastern city of Gyeongju this week, bringing together some 1,700 participants from APEC member economies and global companies for talks on pending economic issues, including artificial intelligence and the energy transition. On Tuesday, the eve of the official opening of the business gathering, the Korea Chamber of Commerce and Industry will host a welcome reception for global business tycoons attending the event, ai

Oct. 28, 2025

Lee vows to step up cooperation with ASEAN to tackle transnational crimes

President Lee Jae Myung said Monday that South Korea will step up cooperation with the Association of Southeast Asian Nations to combat transnational crimes and prevent young people from falling victim to organized criminal networks in Southeast Asia. Lee made the remarks during South Korea's summit with the regional bloc in the Malaysian capital of Kuala Lumpur amid growing concerns over online scam operations targeting Koreans following the torture and death of a Korean college student lured t

Oct. 27, 2025

Lee says S. Korea, US remain in deadlock on key issues of Seoul's investment pledge: Bloomberg

President Lee Jae Myung has said South Korea and the United States remain deadlocked on key details of Seoul's $350 billion investment pledge as part of a trade agreement with Washington reached earlier this year. Lee made the remarks in an interview with Bloomberg on Friday as the two sides have been negotiating over the major details of the framework agreement struck in July, such as how to carry out the investment package. "The method of investment, the amount of investment, the timeline and

Oct. 27, 2025

FM Cho discusses cooperation, high-level exchanges with Indian counterpart

Foreign Minister Cho Hyun met with his Indian counterpart, Subrahmanyam Jaishankar, in Kuala Lumpur on Sunday to discuss ways to advance their countries' bilateral ties, including high-level exchanges, the foreign ministry said. In the meeting that took place on the occasion of the Association of Southeast Asian Nations summit, Cho said high-level exchanges between the two countries continue, noting his visit to India just two months ago, according to the ministry. In response, Jaishankar was qu

Oct. 26, 2025

Trump to hold bilateral talks with Lee, Xi in S. Korea next week: White House

US President Donald Trump will have bilateral meetings with South Korean President Lee Jae Myung and Chinese President Xi Jinping in South Korea next week, the White House said Thursday, as he plans to visit the Asian country on the occasion of the Asia-Pacific Economic Cooperation summit. White House Press Secretary Karoline Leavitt said that Trump plans to have talks with Lee on Wednesday, and meet Xi the following day, as she officially announced the plan for Trump's Asia trip that will also

Oct. 24, 2025

ASEAN startup week 2025 kicks off in Seoul

The ASEAN-Korea Center launched ASEAN-Korea Startup Week 2025 on Wednesday. The week-long event with 30 promising startups from 10 ASEAN member states runs through Oct. 24 and highlights innovation-driven collaborations and investment opportunities between ASEAN and Korea. First introduced in 2018, the annual program identifies early-stage startups in ASEAN member states with high growth potential and connects them with Korean investors, mentors and partners. “Through the successful hosting of A

Oct. 23, 2025

S. Korea to soon begin talks with US on revising nuclear energy pact: FM Cho

Foreign Minister Cho Hyun said Thursday that South Korea will soon begin talks with the United States on revising their bilateral nuclear energy pact to gain more flexibility in spent fuel reprocessing and uranium enrichment for civilian energy use. Cho made the remarks in a radio interview, referring to the "123 Agreement," under which South Korea is allowed very limited spent fuel reprocessing and uranium enrichment below 20 percent, only with US consent. Seoul has been seeking to renegotiate

Oct. 23, 2025