President Lee Proposes "Pragmatic Alliance" with U.S., Emphasizes Manufacturing and Security

President Lee Proposes “Pragmatic Alliance” with U.S., Emphasizes Manufacturing and Security

Following a high-profile meeting with U.S. President Donald Trump, South Korean President Lee Jae Myung has proposed what he calls a “pragmatic alliance” between Seoul and Washington, signaling a new chapter in the 70 year old U.S.-Korea partnership. Speaking at a prominent Washington think tank, President Lee said the evolving global landscape calls for a […]

South Korea, U.S. to Formalize $350 Billion Trade Investment Plan with Non-Binding Agreement

South Korea, U.S. to Formalize $350 Billion Trade Investment Plan with Non-Binding Agreement

Seoul and Washington Aim to Clarify Profit-Sharing, Operational Structure of July Deal Seoul, August 26, 2025 — A senior South Korean official announced Monday that South Korea and the United States will formalize a non-binding agreement to outline the operation and structure of a massive $350 billion investment fund, central to a July trade deal […]

Hyundai Motor India Defies Headwinds with Strong Profits and Rare-Earth Resilience

Hyundai Motor India Defies Headwinds with Strong Profits and Rare-Earth Resilience

Hyundai Motor India has reported stronger-than-expected quarterly profits, a significant achievement driven largely by a robust surge in exports. This positive financial performance comes amidst a challenging global automotive landscape and growing concerns over critical supply chains. Adding to its resilience, the automaker has also played down fears surrounding China’s recent rare-earth magnet export ban, […]

China Confirms High-Level Tariff Talks With U.S. in Switzerland

China Confirms High-Level Tariff Talks With U.S. in Switzerland

China has officially confirmed that Vice Premier He Lifeng will travel to Switzerland for a new round of high-level tariff discussions with senior U.S. officials, signaling a cautious diplomatic engagement amid rising trade tensions. The talks, requested by Washington, aim to address escalating tariff measures and growing friction between the world’s two largest economies. The […]

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

Toyota Forecasts 20% Profit Decline Amid U.S. Tariffs and Currency Headwinds

Toyota Motor Corporation has projected a 20% drop in its annual profit, citing the effects of U.S. trade tariffs and a weakening dollar, which have significantly impacted its North American operations. The world’s largest automaker by volume expects its operating income to fall to 3.8 trillion yen ($25.2 billion) in the fiscal year ending March […]