South Korea

U.S. stock futures declined on Thursday after ending higher on Wednesday. Futures of major benchmark indices were trading lower. President Donald Trump imposed 50% tariffs on Brazil, escalating the trade tensions between the two nations. This was followed by a slew of letters posted on his Truth...

Economist Justin Wolfers pushed back against President Donald Trump’s 25% tariffs on Japan, despite the latter actively working towards a resolution on the matter. What Happened: On Tuesday, in a post on X, Wolfers discussed Japan’s top trade negotiator’s recent travel to...

U.S. stock futures were fluctuating on Tuesday after trimming gains from their records on Monday. Futures of major benchmark indices were trading mixed. President Donald Trump announced sweeping 25% tariffs on all imports from Japan and South Korea, and sent letters to a total of 14 countries, all...

President Donald Trump's decision to impose 25% tariffs on imports from South Korea and Japan is drawing sharp criticism from economists who say the rationale behind the move is fundamentally flawed. What Happened: On Monday, Economist Peter Schiff called out Trump’s public letters to both...

Correction: The current prime minister of Japan is Shigeru Ishiba, not Fumio Kishida. The U.S. dollar is notching its strongest one-day gain against the Japanese yen in nearly two months as traders react to President Donald Trump's sweeping new tariffs targeting multiple U.S. trading partners....

Intel Corp (NASDAQ:INTC) shares are trading lower Monday afternoon as markets react to new global trade restrictions announced by the White House. President Donald Trump imposed sweeping 25% tariffs on all goods imported from Japan and South Korea, set to begin Aug. 1. What To Know: The broad-based...

President Donald Trump sent markets into a tailspin Monday after officially announcing sweeping 25% tariffs on all imports from Japan and South Korea, starting Aug. 1. The new tariffs apply to all goods from the two Asian economies and are in addition to any existing sector-specific duties. The...

President Donald Trump has said that he has signed letters to 12 countries, detailing the tariff rates they would face on exports to the United States.  What Happened: According to a Reuters report, these “take it or leave it” offers are set to be dispatched on Monday. Trump did not...

South Korea is preparing to confront U.S. officials over potential restrictions on chipmakers operating in China. What Happened: Ahead of the third round of tariff talks in Washington this week, South Korean Trade Minister Yeo Han-koo said he will raise industry concerns over possible U.S. curbs...

Opposition candidate Lee Jae-myung, a prominent supporter of Bitcoin (CRYPTO: BTC), secured a decisive win in South Korea’s snap presidential election, paving the way for major digital asset reforms in Asia’s fourth-largest economy. What Happened: The 61-year-old Democratic Party leader...

IonQ, Inc. (NYSE:IONQ) has formed a strategic partnership with the Korea Institute of Science and Technology Information, or KISTI, to advance South Korea’s quantum technology goals. The two parties signed a memorandum of understanding to jointly promote research, education, and the...

In a strategic move to stimulate domestic consumption, China is reportedly turning to the K-pop industry amid its ongoing trade war with the United States and a weakening domestic market. What Happened:  China is set to host K-pop group Epex for a concert in Fuzhou, Fujian province, on ...

U.S. stocks surged in early trading Tuesday after President Donald Trump hinted at progress on some trade deals with key trading partners, easing fears of global trade disruption stemming from recent tariff announcements. The S&P 500 index, as tracked by the SPDR S&P 500 ETF Trust (NYSE:SPY...

South Korea’s suspended president, Yoon Suk Yeol, was removed from office Friday after the country’s Constitutional Court unanimously upheld parliament’s impeachment over his December martial law declaration. What Happened: All eight justices voted to strip Yoon of presidential...

President Donald Trump recently took to his social media handle about falling egg prices, claiming they are ‘WAY DOWN’ from the “Biden inspired prices” just weeks ago. In a post on Truth Social, he added, “Groceries and Gasoline are down, also.” Meanwhile,...