Oct 02, 2025 AM EDT - Jason
South Korea's foreign minister said Seoul and Washington have reached a "rough agreement" on security alignment as the two allies push to finalize a broader economic package that could temper U.S. tariffs on Korean goods. But officials on both sides signaled that key financial pieces remain unsettled, including Seoul's request for a bilateral currency swap line, and that implementing texts for tariff relief are not yet in place. The latest
Oct 01, 2025 PM EDT - Jason
After a summer of sweeping U.S. tariff actions, Seoul and Washington say they have a framework to cap most duties on Korean goods at 15%-but the fine print and timing are still in flux. The White House used both IEEPA reciprocal tariffs and Section 232 measures this year, while signaling partner-specific relief. A Congressional Research Service brief confirms that Washington lowered Korea's IEEPA "country rate" to 15% (effective Aug. 7)
Sep 30, 2025 PM EDT - Jason
South Korea has raised its national cyber threat level to "Caution" after a fire at the government's National Information Resources Service (NIRS) data center in Daejeon crippled hundreds of e-government systems and exposed single-point-of-failure risks in the country's digital backbone. Authorities say recovery will take weeks, and some systems may require full rebuilds, as agencies move
Sep 29, 2025 AM EDT - Jason
SEOUL/NEW YORK - South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform package President Lee Jae-myung unveiled to global investors in New York as the currency hovered in the 1,40x per-dollar range. The aim: fix long-criticized access frictions and strengthen Korea's bid for MSCI Developed Markets
Sep 29, 2025 AM EDT - Jason
With federal funding set to lapse at 12:01 a.m. ET on Oct. 1, Congress is racing to pass a short-term measure but has not yet reached agreement. If no deal materializes, agencies will begin executing "lapse in appropriations" plans-furloughing non-excepted staff while keeping life-and-property functions running. Social Security payments and mail delivery continue, but many administrative services
Sep 26, 2025 AM EDT - Jason
The United States has formally reduced tariffs on automobiles and auto parts imported from the European Union to 15%, a move retroactive to August 1 that locks in terms of the July U.S.-EU trade framework. The change, published in the Federal Register and implemented by the Commerce Department and the Office of the U.S. Trade Representative, gives immediate cost relief to European brands and clarifies rules
Sep 26, 2025 AM EDT - Jason
South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform President Lee Jae-myung unveiled to global investors in New York as the currency hovered above ₩1,410 per U.S. dollar. The package is designed to fix long-criticized access frictions and bolster Korea's bid to graduate into MSCI's Developed Markets basket. Reuters first reported the plan,
Sep 25, 2025 PM EDT - Jason
The Korean won slipped back above 1,400 per U.S. dollar on Thursday as investors weighed stalled Korea-U.S. tariff talks, a firm greenback, and persistent caution around global rates. Local press reported a 1,400.6 close in Seoul-its first finish above the line in roughly two months-after intraday trading repeatedly tested the threshold this week. The move follows several days of headlines tying FX nerves to the slow grind of trade negotiations with Washington.
Sep 25, 2025 PM EDT - Jason
South Korea's government says North Korea is operating four uranium-enrichment facilities and may have accumulated as much as two tons of highly enriched uranium (HEU), a combination that points to a larger, more resilient bomb-fuel pipeline than previously acknowledged. The disclosure, delivered in Seoul on Thursday, builds on years of outside reporting about clandestine sites beyond the well-known Yongbyon complex and comes with an explicit warning that the
Sep 24, 2025 PM EDT - Jason
South Korea and the United States have nudged their tariff negotiations back into motion, with Seoul signaling that an agreement before or during next month's APEC Leaders' Week in Gyeongju is still on the table. National Security Adviser Wi Sung-lac, traveling with President Lee Jae-myung in New York, told reporters the government is "keeping the summit in mind," adding that if common ground emerges,
Sep 24, 2025 AM EDT - Isaac
Stray Kids will close out their record-setting era with a two-night stadium encore in Incheon on Oct. 18-19 at Incheon Asiad Main Stadium-the group's first-ever domestic stadium shows. JYP's official notice and the group's X post confirm dates and venue, branding the finale "dominATE : celebrATE." Ticketing guidance has rolled out in phases, with domestic platforms handling sales and heavy demand reported since the announcement. The encore caps a year in which 'KARMA'
Sep 24, 2025 AM EDT - Jason
The new $100,000 H-1B fee for new petitions and a revived wage-priority selection plan are reshaping the U.S. skilled-worker pipeline. Here's the practical impact for Korean companies, students, and visa holders. The U.S. has moved fast to remake how employers bring in high-skilled workers. Over the weekend, U.S. Citizenship and Immigration Services (USCIS) clarified that a one-time $100,000 fee applies to new H-1B petitions filed on or after Sept. 21, 2025, while
Sep 23, 2025 PM EDT - Jason
Hyundai Motor Group said it will invest $2.7 billion to expand production at its Ellabell, Georgia manufacturing campus, reaffirming its U.S. build-out just weeks after an immigration raid disrupted the site's battery project. The company aims to lift annual capacity by 200,000 vehicles to 500,000 by 2028, part of a broader localization push to assemble over 80% of U.S.-sold vehicles domestically by
Sep 23, 2025 AM EDT - Jason
South Korean President Lee Jae-myung said in New York that ongoing negotiations with Washington over tariff relief are affecting foreign-exchange sentiment in Korea, while adding that both sides can still reach a "commercially rational" outcome. Lee delivered the remarks during meetings with U.S. lawmakers on the sidelines of the UN week, noting that a large U.S.-bound investment packag
Sep 22, 2025 PM EDT - Jason
After a flurry of weekend headlines, the U.S. government has now clarified how the new $100,000 H-1B fee will work. According to USCIS, the payment must accompany any new H-1B petition filed on or after 12:01 a.m. ET, Sept. 21, 2025. It does not apply to existing H-1B holders or renewals. Early media summaries framed the impact as starting with the 2026 cap; in practice, the USCIS text captures any new filing from Sept. 21 onward-including cap-exempt petitions filed this fall. Employers should budget and
Feb 24, 2026 PM EST - Hannah
Feb 23, 2026 PM EST - Hannah
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Feb 19, 2026 PM EST - Hannah
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K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-PEOPLE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
