South Korea
GM expects to top Ford in U.S. vehicle production as it faces up to $4 billion in tariff costs
Trucks make their way to the Ambassador Bridge to cross into the United States at Detroit on April 1, 2025 in Windsor, Canada. Bill Pugliano | Getty Images DETROIT — General Motors expects to outproduce crosstown rival Ford Motor to become the top assembler of vehicles in the U.S. in the coming years. GM CEO […]
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The ‘middle powers’ are having a moment, but can they stand up to Trump?
(1st row from L to R): Australia’s Prime Minister Anthony Albanese, Brazil’s President Luiz Inacio Lula da Silva, South Africa’s President Cyril Ramaphosa, President of Angola and Chairperson of the African Union Joao Lourenco and Canada’s Prime Minister Mark Carney react as they attend a family photo event during a G20 Leaders’ Summit plenary session […]
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European markets set to open higher as earnings come into focus
Diminishing perspective of downtown London skyscrapers Chunyip Wong | E+ | Getty Images LONDON — European stocks are expected to open higher Tuesday, as a busy earnings week gathers pace. The U.K.’s FTSE index is seen opening 0.18% higher, Germany’s DAX up 0.15%, France’s CAC 40 up 0.3%, and Italy’s FTSE MIB 0.4% higher, according to […]
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Asia markets seeing ‘unbelievable’ rush of capital, driving equity rallies and IPO frenzy
Lujiazui Business Districk in Pudong, Shanghai, China. Liqun Liu | Construction Photography | Hulton Archive | Getty Images Asian equity markets are attracting global investors, with a surge in initial public offerings, rising cross-border flows, and accelerating deal activity underscoring the region’s growing importance in global capital markets, according to senior executives at JPMorgan and Goldman Sachs. […]
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South Korean auto stocks fall after Trump hikes tariffs on trade deal approval delay
Aerial view of Seoul downtown city skyline with vehicle on expressway and bridge cross over Han river in Seoul city, South Korea. Mongkol Chuewong | Moment | Getty Images Shares of South Korean autos tumbled Tuesday after U.S. President Donald Trump took aim at the country overnight, saying he would increase tariffs on Asia’s fourth-largest […]
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Trump says tariffs on South Korean autos, pharma, to rise to 25% over trade deal approval delay
U.S. President Donald Trump speaks at the 2025 Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju, South Korea, October 29, 2025. Tyrone Siu | Reuters President Donald Trump said Monday that he was increasing tariffs on imported autos, pharmaceuticals, and lumber from South Korea from 15% to 25% because of a delay in that country’s […]
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South Korea grows 1.5% in fourth quarter, missing forecasts as domestic demand weakens
INCHEON, SOUTH KOREA – MAY 22: Shoppers look at goods at a Wal-Mart store May 22, 2006 in Incheon, South Korea. Chung Sung-jun | Getty Images News | Getty Images South Korea’s economic growth slowed in the final quarter of last year amid weakening domestic demand as the impact from fiscal stimulus dissipated. The economy […]
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BTS world tour sparks analyst upgrades, pushes South Korea’s Hybe shares to four-year high
Shares of South Korean entertainment agency Hybe hit a four-year high on Monday, rising as much as 9.5% after multiple brokerages reportedly upgraded their target prices on the stock following the announcement of a BTS world tour. The gains added more than 1 trillion South Korean won ($677 million) to the company’s market value, marking […]
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South Korea court sentences ex-President Yoon to 5 years in prison for obstruction
SEOUL, SOUTH KOREA – APRIL 21: Former South Korean President Yoon Suk Yeol arrives for his criminal trial on insurrection charges at a courtroom of the Seoul Central District Court on April 21, 2025 in Seoul, South Korea. The second trial regarding former President Yoon Suk-yeol’s charge of leading a rebellion hold at the Seoul […]
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Asia-Pacific markets set to trade mixed as investors await Bank of Korea decision
Sunset scene of light trails traffic speeds through an intersection in Gangnam center business district of Seoul at Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets were set to trade mixed Thursday as investors awaited a policy decision from the Bank of Korea. South Korea’s central bank is expected to […]
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