Press Releases

N. Korea announces cruise missile test before Trump’s trip

(MENAFN) North Korea announced Wednesday that it conducted test-firings of sea-to-surface cruise missiles over the Yellow Sea, ahead of US President Donald Trump’s scheduled visit to South Korea for the Asia-Pacific Economic Cooperation (APEC)...

Trump Says Trade Deal with S. Korea Finalized

(MENAFN) U.S. President Donald Trump announced Wednesday that Washington has finalized a trade agreement with South Korea, a South Korean news agency reported. Trump arrived earlier in the day in Gyeongju, roughly 330 kilometers southeast of...

US, S. Korea agree on sweeping economic, defense package—Trump

(MENAFN) US President Donald Trump announced on Thursday that Washington and Seoul have reached a wide-ranging economic and defense agreement aimed at deepening bilateral cooperation. "South Korea has agreed to pay the USA 350 Billion Dollars for...

Trump states US-S. Korea trade deal almost complete during Asia visit

(MENAFN) US President Donald Trump announced Wednesday that a long-discussed trade agreement with South Korea is "pretty much finalized" as part of his official visit to the country. Speaking after talks with South Korean President Lee Jae Myung,...

US, S. Korea ink deal to boost collaboration in AI

(MENAFN) The United States and South Korea signed a new agreement on Wednesday to expand collaboration in artificial intelligence (AI), biotechnology, space research, and next-generation communication networks. Known as the Technology Prosperity...

Xi praises Trump’s efforts for peacemaking

(MENAFN) Chinese President Xi Jinping commended US President Donald Trump for his efforts toward global peace during their meeting on Thursday in the South Korean port city of Busan. "You care a lot about world peace, and you're very enthusiastic...

U.S., S. Korea Finalize High-Tech Agreement

(MENAFN) The United States and South Korea on Wednesday finalized an agreement to collaborate on artificial intelligence (AI), biotechnology, space exploration, and next-generation mobile networks. The initiative, named the Technology Prosperity...

Jason Schenker Appointed Board Advisor for AI and Emerging Technologies to the Seoul International Policy Advisory Group

Top futurist and Bloomberg #1-ranked forecaster Jason Schenker appointed to advise Mayor Oh Se-hoon and Seoul Metropolitan Government on AI and emerging tech. SEOUL, SEOUL SPECIAL METROPOLITAN CITY, SOUTH KOREA, October 28, 2025...

S. Korea Sees Positive Growth in August Real Wages

(MENAFN) South Korean workers experienced a return to positive real wage growth in August as inflation cooled, according to fresh government employment data released Thursday. Average nominal monthly earnings for employees at businesses with at...

Trump Expresses Confidence in Reaching Trade Deal with Xi

(MENAFN) U.S. President Donald Trump stated on Wednesday that he believes he will be able to finalize a trade agreement with Chinese President Xi Jinping during their forthcoming discussion in South Korea. "I think we're going to have a deal. I...

US, S. Korea ink deal on AI, bio, apace technologies

(MENAFN) The United States and South Korea have entered into a new partnership to deepen cooperation in artificial intelligence (AI), biotechnology, space technology, and next-generation mobile networks. The agreement, called the Technology...

S. Korea Records Increase in August Births

(MENAFN) South Korea recorded an increase in births for the 14th consecutive month in August, driven in part by a rise in marriages, according to Statistics Korea data released Wednesday. The country welcomed 20,867 newborns in August, marking a...

US senators warn Trump against risky concessions

(MENAFN) A group of Democratic senators has cautioned President Donald Trump not to make concessions that could jeopardize national security during his upcoming talks with Chinese President Xi Jinping in South Korea. In a letter sent to the...

Xi agrees to not impose rare earth restrictions—Trump

(MENAFN) US President Donald Trump stated on Thursday that during his high-profile meeting with Chinese President Xi Jinping in South Korea, Xi agreed not to enforce rare earth export restrictions that had unsettled global markets and triggered...

Trump Confident of Reaching Trade Deal with Xi

(MENAFN) US President Donald Trump on Wednesday expressed confidence in reaching a trade agreement with Chinese President Xi Jinping during their upcoming meeting in South Korea. "I think we're going to have a deal. I think it'll be a good deal...

Xi to discuss “positive outcomes” with Trump on Thursday

(MENAFN) Beijing announced on Wednesday that Chinese President Xi Jinping will hold talks with US President Donald Trump in South Korea on Thursday, signaling its intention to achieve “positive outcomes” from the high-level meeting. According to a...

Trump states possibility of trade deal with Xi in upcoming meeting

(MENAFN) US President Donald Trump said Wednesday that he expects to reach a trade agreement with Chinese President Xi Jinping during their upcoming meeting in South Korea, according to reports. "I think we're going to have a deal. I think it'll...

Trump, Chinese President Xi hold talks in Busan

(MENAFN) US President Donald Trump met Chinese President Xi Jinping in Busan, South Korea, on Thursday, amid rising tensions in the Indo-Pacific and ongoing tariff disputes between the two nations. At the start of the summit, Trump referred to Xi...

S. Korea Posts 7.7 Percent Surge in September Retail Sales

(MENAFN) South Korea’s retail sector saw a notable rebound last month, driven by robust online purchases of food, daily necessities, and services, according to government data released Wednesday. The Ministry of Trade, Industry and Energy reported...

Xi Commends Trump for Global Peace Initiatives

(MENAFN) Chinese President Xi Jinping praised U.S. President Donald Trump on Thursday for his peace-promoting endeavors during their encounter in the South Korean harbor city of Busan. "You care a lot about world peace, and you're very...