The Bank of Korea (BOK) kept its base rate unchanged at 2.5% on Thursday for the fourth consecutive meeting, a decision that underscores how intensifying foreign exchange (FX) volatility is narrowing ...

Editor’s note: The names of the women working in Miari interviewed for this article have been changed to protect their privacy and safety. In a narrow alley in northern Seoul, plywood boards cover the...

The U.S. and South Korea released a joint fact sheet and the 57th Security Consultative Meeting (SCM) joint communique over the weekend, outlining new economic and defense commitments and pledging clo...

Editor’s note: The names of the women working in Miari interviewed for this article have been changed to protect their privacy and safety. In a narrow alley in northern Seoul, plywood boards cover the...

Editor’s note: The names of the women working in Miari interviewed for this article have been changed to protect their privacy and safety. In a narrow alley in northern Seoul, plywood boards cover the...

President Lee Jae-myung’s denunciation of a “submissive mindset” toward foreign troops represents a calculated attempt to redefine South Korea’s strategic identity, which carries significant risks for...

The U.S. Federal Reserve cut its benchmark interest rate by a quarter point Wednesday (Thursday Seoul time), lowering the target range for the federal funds rate to 4.00 to 4.25%, its first reduction ...

South Korea risks undermining its export competitiveness as the Lee Jae-myung administration pushes ahead with labor reforms that increase costs, shorten working hours and extend the retirement age wi...

In this episode of The Korea Pro Podcast, John and Lina examine a turbulent week for South Korea’s trade, defense and domestic agenda. They discuss how a U.S. appeals court ruling against Donald Trump’s reciprocal tariffs threatens to upend Washington’s negotiations with trade partners, including Seoul. They also weigh South Korea’s official decision to join […] The post Tariffs, CPTPP, military parade and UN speech — Ep. 96 appeared first on Korea Pro.

The Bank of Korea (BOK) on Thursday held its base rate steady at 2.5%, citing stable inflation and a modest improvement in domestic growth but warning that housing prices in Seoul and household debt remain elevated. The decision followed a series of cuts late last year and earlier this year, as the central bank shifted […] The post Bank of Korea holds rate at 2.5% as housing debt and Fed risks loom large appeared first on Korea Pro.

South Korean firms pledged $150 billion in U.S. investments during President Lee Jae-myung’s Aug. 25 summit with U.S. President Donald Trump, securing access to U.S. markets but increasing their exposure to a slowing American economy. These pledges were the condition for Washington lowering tariffs on South Korean exports from 25% to 15%, part of a […] The post South Korea’s pay-to-play deal with Trump anchors firms in a risky US economy appeared first on Korea Pro.

South Korean Vice Foreign Minister Kim Jin-a met U.S. Deputy Energy Secretary James Danly in Busan on Wednesday to discuss ways to expand bilateral nuclear cooperation, the foreign ministry said. The meeting took place on the sidelines of the APEC energy ministers’ meeting and follows the summit between Presidents Donald Trump and Lee Jae-myung, where […] The post US, South Korea push nuclear cooperation amid clash over KHNP’s autonomy appeared first on Korea Pro.

China’s state media response to the Trump-Lee summit suggests Beijing is increasingly concerned over deepening U.S.-South Korea ties. On Tuesday, the Global Times accused Seoul of acting like Washington’s “pawn,” criticizing ROK President Lee Jae-myung for aligning too closely with the U.S. during his first bilateral meeting with President Donald Trump. The Oval Office meeting […] The post Trump-Lee summit prompts Beijing warning on US-South Korea alignment appeared first on Korea Pro.

South Korean firms pledged an additional $150 billion in U.S. investments and signed a series of major deals during President Lee Jae-myung’s visit to Washington for his first summit with U.S. President Donald Trump. The commitments, announced at a business roundtable attended by Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Chey Tae-won and Hyundai […] The post South Korea bets $150 billion on US as Trump ties tariffs to investments appeared first on Korea Pro.

The first summit meeting between U.S. President Donald Trump and ROK President Lee Jae-myung on Monday nearly veered off course before it began, exposing just how vulnerable the U.S.-ROK alliance is to Trump’s impulsive messaging and the disinformation networks surrounding him. A last-minute social media post from Trump just hours before the scheduled meeting set […] The post Trump’s social media post nearly derails first White House summit with Lee appeared first on Korea Pro.

U.S. President Donald Trump and South Korean President Lee Jae-myung held their first summit at the White House on early Tuesday morning (KST), discussing trade, defense and North Korea during a public Oval Office session before moving to a working lunch. Trump told reporters that Seoul wanted to renegotiate trade terms but “that doesn’t mean […] The post Trump, Lee hold first summit marked by praise, trade tension and awkward optics appeared first on Korea Pro.

President Lee Jae-myung’s first bilateral summit meeting with Japanese Prime Minister Shigeru Ishiba on Saturday highlighted that both countries remain committed to maintaining improved ties, but their failure to bridge strategic divides may have been a missed opportunity for deeper alignment. Held in Tokyo, the summit continued the shuttle diplomacy revived under former ROK President […] The post Lee-Ishiba summit signals unity but fails to narrow gaps on China and history appeared first on Korea Pro.

ROK President Lee Jae-myung and Japanese Prime Minister Shigeru Ishiba held a summit meeting in Tokyo on Saturday, agreeing to restart shuttle diplomacy and expand cooperation across economic, social and security fields. The meeting, which included a one-hour small-group session and a 55-minute expanded discussion, concluded with the two leaders issuing the first joint press […] The post Lee puts Japan ahead of US, betting on trilateral strength before Trump summit appeared first on Korea Pro.

In this episode of The Korea Pro Podcast, John and Joon Ha dissect revelations about the hidden clause in Korea Hydro and Nuclear Power (KHNP) and Korea Electric Power Corporation’s (KEPCO) settlement with Westinghouse Electric, which critics argue binds South Korea’s nuclear exports under U.S. control for the next half-century. They examine the political fallout […] The post KHNP-Westinghouse scandal, Lee-Ishiba summit, Trump meeting looms — Ep. 94 appeared first on Korea Pro.