Kim Jung-kwan

The Ministry of Trade, Industry and Resources recently announced three projects under Korea's investment pledge to the U.S., unveiled last year in return for lower tariffs

US President Donald Trump unveiled plans for South Korea to invest $200 billion in US energy projects during an announcement in the Oval Office of the White House on Wednesday

President Donald Trump is set to announce a major energy investment package Wednesday that includes $54 billion for Alaska's long-delayed liquefied natural gas (LNG) project, as Republican Senator Dan Sullivan faces a competitive reelection race less than five weeks before the midterm elections

South Korea has pushed back against a $54 billion investment announced by the Trump administration, turning a struggling project to export natural gas from Alaska into another potential sticking point in the allies’ long-running negotiations over trade

His comments came as Korea's exports soared 83.5 percent on-year to a record $120.9 billion in September, driven by a surge in chip shipments

US plan for broader chip tariffs would deepen protectionism but may fail to deliver reshoring: analysts

Meanwhile, Singapore also signed an agreement covering study visits and executive education programmes for senior Vietnamese Communist Party officials

On Monday, South Korean President Lee Jae Myung and Brazilian President Luiz Inacio Lula da Silva agreed to revive negotiations on a free-trade agreement between South Korea and Mercosur, the South American trade bloc

During the period, they purchased $151.5 million worth of the SK hynix product and $79.3 million worth of the Samsung Electronics product, the two largest purchase amounts among Hong Kong-listed securities bought by Korean investors

Overseas investment in the information and communication and the scientific and technical services sectors surged in triple digits to 1.19 billion dollars and 910 million dollars each

South Korea’s Exports Post Biggest Surge Since 1978

South Korea on Monday set out an industrial strategy centered on semiconductors and artificial intelligence (AI)

Both contracts fell to their lowest levels since March 10 on Monday after tumbling more than 3 percent on Friday

U.S. crude oil futures for July delivery dropped below $80 per barrel for the first time since March in early trading in Europe before paring losses slightly

Samsung Electronics workers in South Korea voted to approve a major compensation agreement tied to the company's booming AI semiconductor business after threatening to conduct a strike that could have altered global chip supply chains

Samsung Faces Risk of Chip Disruption After Labor Talks Collapse

Industry Minister Kim Jung-kwan left for Canada on Tuesday in the latest push to help a Korean consortium win an estimated 60 trillion-won ($40.6 billion) project to build as many as 12 new conventionally powered submarines

Given Korea’s heavy dependence on Middle Eastern crude, the move would add to the cost burden for both refining and petrochemical industries here