South Korean Drugmakers Hit Hard by US Tariff Shock
South Korean pharmaceutical companies face challenges after the US announced US tariffs on pharmaceuticals targeting branded and patented drugs. The 100% tariff applies to...
South Korea Rejects $350 Billion Cash Demand in US Trade Deal
South Korea cannot provide the US with $350 billion cash under the trade deal, officials confirmed. Authorities emphasized the demand reflects financial limits, not...
Foreign Exchange Agreement Sparks Relief for South Korea Markets
South Korea reached a new foreign exchange agreement with the United States, aiming to stabilize currency markets. Officials hope the deal will reduce market...
Dollar Note Issue by Itochu Marks Strategic Move
Itochu Corp. is preparing a significant dollar note issue as part of a broader plan to diversify its funding sources. This marks the company’s...
Data Center Fire Disruption Cripples South Korea’s Public Services
A data center fire disruption in South Korea disrupted government and public services nationwide. Korea Post, airports, mobile ID systems, and other essential platforms...
