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BOK delivers back-to-back rate hikes, remains hawkish

BOK delivers back-to-back rate hikes, remains hawkish

By Cynthia Kim and Jihoon Lee SEOUL, Aug 27 (Reuters) - The Bank of Korea on Thursday raised its benchmark interest rate by a quarter percentage point to 3.00%, as expected, delivering a second straight increase as inflation stays above target and financial stability risks persist.
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Busan Metropolitan Government Plans to Become International Marine Business Hub

Busan Metropolitan Government Plans to Become International Marine Business Hub

Busan Metropolitan Government Plans to Become International Marine Business Hub
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President Trump's Administration Shifts U.S.-South Korea Alliance from Security to Economic Focus

President Trump's Administration Shifts U.S.-South Korea Alliance from Security to Economic Focus

President Trump's administration has initiated a significant redefinition of the U.S.-South Korea relationship, moving its primary focus from security cooperation to economic partnership. This shift was highlighted by President Trump's decision last week to scale back annual military drills with South Korea. This move coincided with Seoul finalizing substantial investment commitments to Washington, totaling hundreds of billions of dollars. Experts suggest that President Trump's frustration over U.S. military spending overseas and the perceived slow implementation of South Korea's investments are key drivers behind this change. The U.S. Commerce Department and the Korean Trade Ministry did not comment on these developments. This reorientation raises questions about whether economic ties will now serve as the primary basis for U.S. commitment to South Korea's security, a departure from the long-standing military alliance.
ARTnews ARTnews
What Happens to Seoul’s Art Market After the Hype?

What Happens to Seoul’s Art Market After the Hype?

South Korea posted growth of 6 percent in 2025, compared to the global art market's 4 percent of growth.
USA Today USA Today
Little League World Series live updates South Korea vs Canada Aug. 25 score, TV, stream

Little League World Series live updates South Korea vs Canada Aug. 25 score, TV, stream

Follow the Little League World Series on Tuesday Aug. 25, including live updates for South Korea vs Canada elimination game in Williamsport.
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Kensington Reports Shift in Luxury Travel Trends Towards Deeper Cultural Immersion and Emerging Destinations

Kensington Reports Shift in Luxury Travel Trends Towards Deeper Cultural Immersion and Emerging Destinations

Kensington Reports Shift in Luxury Travel Trends Towards Deeper Cultural Immersion and Emerging Destinations
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Kensington Tours Reports Significant Growth in Luxury Travel to Emerging Destinations for 2026

Kensington Tours Reports Significant Growth in Luxury Travel to Emerging Destinations for 2026

Kensington Tours Reports Significant Growth in Luxury Travel to Emerging Destinations for 2026
Reuters Reuters
Trump's Kim gambit deepens doubts over US reliability at a key moment for Asia

Trump's Kim gambit deepens doubts over US reliability at a key moment for Asia

By John Geddie, Yukiko Toyoda, Ben Blanchard and Aftab Ahmed TOKYO/TAIPEI/NEW DELHI, Aug 24 (Reuters) - Donald Trump's olive branch to North Korea's Kim Jong Un at the expense of a long-standing ally comes at a pivotal moment for U.S. security ties in Asia, as partners from Japan to India reassess
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Hyatt Place Debuts in Seoul with New Pangyo Location

Hyatt Place Debuts in Seoul with New Pangyo Location

Hyatt Place Debuts in Seoul with New Pangyo Location
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Seoul says South Korea and US vow close cooperation on North Korea

Seoul says South Korea and US vow close cooperation on North Korea

By David Brunnstrom WASHINGTON, Aug 24 (Reuters) - South Korean Foreign Minister Cho Hyun and U.S.
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US cancels joint marine drills with South Korea over Iran war-related force constraints

US cancels joint marine drills with South Korea over Iran war-related force constraints

SEOUL, Aug 24 (Reuters) - The United States cancelled a joint amphibious landing drill scheduled for next month with South Korea, Seoul's Marine Corps said on Monday, after Washington cited constraints on the availability of U.S. forces due to the war in Iran. The U.S.
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Hyundai Motor's union reaches tentative wage deal, averting more strikes

Hyundai Motor's union reaches tentative wage deal, averting more strikes

Aug 25 (Reuters) - Hyundai Motor's South Korean union said on Tuesday it has reached a tentative agreement with management, averting further production losses after staging its first full strike in a decade on Friday, following a series of partial stoppages.