Oct 06, 2025 PM EDT - Jason
The governments of South Korea and the United States have reportedly reached a "rough" security agreement ahead of the Asia-Pacific Economic Cooperation (APEC) summit in Gyeongju, signaling a strengthened defense partnership. Still, pivotal terms of South Korea's massive, multi-billion-dollar investment pledge, especially the push for a ceiling on U.S. tariffs, have yet to be finalized. The overall economic alignment between the two nations is deeply shadowed by this drawn-out uncertainty.
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
The first day of the federal funding lapse closed with clearer operational impacts across immigration and public services, even as Congress remained stuck. The Senate failed to advance competing stopgap measures, leaving no immediate path to reopen the government. Hiring & immigration: The E-Verify website now carries a shutdown banner stating that, "due to the lapse in federal funding," the system is unavailable and employers
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)
Oct 01, 2025 AM EDT - Jason
The federal government shut down at 12:01 a.m. ET on Oct. 1 after Congress failed to pass a funding bill before the deadline. Essential services continue without pay, but many civilian operations are paused until a new appropriation or stopgap bill is signed. Early agency notices and live coverage confirm closure plans are now in effect. Under federal "lapse in appropriations" rules, agencies
Sep 30, 2025 PM EDT - Jason
Federal funding expires at 12:01 a.m. ET on Wednesday, Oct. 1, and agencies are preparing to execute legally required "lapse in appropriations" plans unless Congress passes a stopgap bill in time. Those plans furlough many non-excepted employees while keeping life-and-property functions running. The Office of Personnel Management has circulated special instructions for an orderly
Sep 29, 2025 PM EDT - Isaac
Stray Kids' fourth studio album "Karma" has emerged as the United States' best-selling album so far this year on year-to-date tallies compiled from Luminate's retail tracking and cited by multiple outlets. Released on August 22, the album reached the top of the Billboard 200 in its first week and has continued to move physical copies into late September, an unusual arc in a market
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
With a partial U.S. government shutdown days away, the White House ordered federal agencies to prepare reduction-in-force (RIF) plans that could permanently eliminate positions in programs that would lose funding next week, according to new guidance from the Office of Management and Budget (OMB). The instructions raise the stakes well beyond familiar furloughs and come as negotiations over a stopgap bill remain stalled on Capitol Hill.
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,
Oct 10, 2025 AM EDT - Hannah
Oct 09, 2025 PM EDT - Hannah
Oct 09, 2025 PM EDT - Hannah
Oct 07, 2025 AM EDT - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
K-WAVE - Dec 31, 1969 PM EST - Hannah
