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Ex-US Speaker McCarthy meets with S. Korean business leaders

Former US House Speaker Kevin McCarthy met with South Korean business leaders on Thursday to exchange views on economic and trade issues between the two countries months before the upcoming US presidential election, a local business lobby said. McCarthy had a breakfast meeting in Seoul with some 20 Korean businesspeople, including representatives from Hyundai Motor Co., SK Group, LG Group and Hanwha Group, arranged b...
South Korea United States Soult Ukpyolsi South Korean Kevin Mccarthy Ryu Jin

KITA, FKI chiefs call for mutual benefit from US investment

Heads of Korean business groups raised their voices for Korean companies making vast investments in the US to be treated as they deserve when facing challenges in dealing with trade and supply chain issues involving the US. Starting Monday, Korea International Trade Association Chairman Yoon Jin-sik visited the US for five days along with the Federation of Korean Industries Chairman Ryu Jin to set forth Korean busine...
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'Anticipating continued growth in Korea-Japan relations throughout the year'

Under President Yoon Suk Yeols leadership, South Korea and Japan are witnessing a notable enhancement in their relations, marked by increased economic interactions, strengthened diplomatic ties and strategic alignment in the military domain. Many experts anticipate that this positive trend will continue throughout 2024.
North Korea United States South Korea Yoon Suk Yeol Ryu Jin Japan Economic Cooperation Forum

Korea's biz lobby donates $500,000 to Japan's Noto quake relief efforts

The Federation of Korean Industries (FKI), Koreas biggest business lobby, said Monday it has donated $500,000 in aid to Japans relief efforts involving a massive earthquake that killed more than 200 people in the country.
Ryu Jin Japanese Red Cross Society Federation Of Korean Industrie Federation Of Korean Industries Korean Industrie Chairman Ryu Jin Future Leaders Camp

Is foreign ministry trying to regain control of trade from industry ministry?

A series of meetings by the newly-appointed foreign minister with the heads of business associations have sparked speculation that the ministry may have renewed efforts to regain control over international trade matters from the Ministry of Trade, Industry, and Energy, according to industry officials and diplomatic experts, Monday.
Soult Ukpyolsi South Korea North Korea North Korean Ryu Jin Koo Ja Yeol

US Chip Battle With China Catches South Korea in the Crossfire

(Bloomberg) -- A memory chip plant located halfway between Seoul and Beijing illustrates the tough choices South Korean business leaders and policymakers face as they try to limit the damage from the US technology war with China.Most Read from BloombergPutin Sends US Signal on Ukraine Talks, Sensing Advantage in WarTesla Sinks After Warning About ‘Notably Lower’ Growth RateUS GDP Grew 3.3% Last Quarter, Capping Unexpectedly Strong YearStocks Climb as Soft-Landing Chorus Grows Loude...
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