Friday, January 30, 2026

South Korea: President’s Office Plans Break The Cycle of Public Intimidation Over Mass Resignation of Medical Professors

On the 18th, the presidential office indicated...

South Korea Moves to Buy 11,000 Tons of Local Citrus as U.S. Mandarins Go Tariff-Free

Jeju's Citrus Commission launches a 10,000-ton procurement program to counter U.S. mandarin imports and safeguard local farmers.

No Surge in Oil Prices Despite Iran-Israel Tensions

Despite Iran's retaliatory attack on Israel, international...

Economy

Hyundai/Kia Cross $225.3B in Revenue—But U.S. Tariffs Cost $5.4B and Cut Profits 23.6%

Hyundai and Kia report record revenues despite U.S. tariffs impacting profits, focusing on eco-friendly vehicles and strategic growth.

U.S. Treasury Pushes Back: Bessent Says No Yen Support, No Market Meddling—But the Dollar Weakness Trade Lives On

Trump's comments on tariffs and a weaker dollar have led to a decline in the dollar-won exchange rate, boosting the Korean won's strength.

Fed Holds at 3.50%–3.75%: Markets Care Less About Rates and More About Who Replaces Powell in May 2026

The Fed held rates steady, focusing on the next chair's nomination. Rick Rieder's dovish stance may weaken the dollar, impacting markets.

Coupang’s Data Breach Fallout Hits Trade Politics: $514M Investor Loss Claim, 25% Tariff Talk, and a U.S. Class-Action Collision

The Coupang crisis from a data breach has led to a U.S.-Korea trade dispute, impacting stock prices and class-action lawsuits.

White House Tariff Message: Trump Says Companies Are Fleeing Mexico and Europe, as U.S. Steel Tops Japan After 26 Years

The U.S. surpasses Japan in steel production for the first time in 26 years, attributed to tariffs and Trump's policies.
Latest

Seoul Forms High-Level Task Force to Counter Potential U.S. Critical Mineral Restrictions

Minister Kim Jeong Kwan emphasizes the need for a strategic response to critical mineral supply chain discussions affecting South Korea's industries.

2026: South Koreans Favor Japan’s PM Takaichi Over Other Leaders – What’s Behind the Shift?

South Koreans show higher approval for Japan's Prime Minister Takaichi at 22%, contrasting with low ratings for other leaders.

How Evolus’ Botulinum Toxin Jeuveau and Filler Evolize Drive 500 Million USD Revenue by 2028

Daewoong Pharmaceutical's U.S. partner, Evolus, achieved double-digit revenue growth for six years and turned a profit in Q4.

Is South Korea’s Digital Regulation a Threat? U.S. State Department’s 2026-2030 Plan Raises Concerns

The U.S. State Department's 2026-2030 plan emphasizes sanctions against foreign laws restricting freedoms, particularly in South Korea's digital regulations.

South Korean Companies Brace for New U.S. Semiconductor Tariffs: What You Need to Know

South Korean businesses faced uncertainty and challenges due to U.S. tariffs under Trump, prompting investment strategies to mitigate impacts.

Trump’s Second Term Tests Seoul—Then Resets It: How U.S.–Korea Ties Swung From Crisis to Deal-Making

U.S.-South Korea relations fluctuated under Trump, but Lee Jae Myung's administration restored communication and secured key agreements.

U.S. Signals 100% Chip Tariffs: Can Seoul Secure Taiwan-Style Exemptions for Samsung and SK hynix?

The U.S. considers high tariffs on memory chips, impacting South Korea's Samsung and SK Hynix, prompting government negotiations for countermeasures.

South Korea Sees Fed Cuts Ahead: Why a 1-Point Rate Gap Could Ease Dollar Pressure

The BOK highlights potential U.S. interest rate cuts affecting exchange rates, with market sentiment leaning towards monetary easing.

From Fentanyl to Semiconductors: How Trump Turned Tariffs Into a Global Pressure Tool

Trump's tariff strategy disrupts global trade, facing Supreme Court scrutiny, as he expands tariffs on various sectors and countries.

Hyundai Motor Company’s Elantra Tops 4 Million U.S. Sales—How a $22,000 Sedan Survived the SUV Era

Hyundai's Elantra surpasses 4 million sales in the U.S., showcasing strong value and diverse models in a competitive market.

Trump Hits Canada With 35% Tariffs—Why Ottawa Is Now Cutting EV Deals With China

Canada seeks improved ties with China, reducing tariffs on electric vehicles, amid strained US-Canada relations since Trump's tariffs.

Tariffs, Greenland, and Geopolitics: Why a New U.S.–Europe Clash Is Roiling Markets

U.S. tariffs on eight European countries over Greenland tensions may disrupt financial markets and transatlantic relations.

Cigna’s Preferred Drug List: How Celltrion’s Zymentra is Revolutionizing Autoimmune Treatment in 2026

Celltrion's Zymentra added to Evernorth's formulary, boosting access and sales potential in the U.S. autoimmune treatment market.

Taiwan’s 500 Billion USD Investment in the U.S.: How Will It Impact the Semiconductor Industry?

Taiwan commits $500 billion to U.S. investment, aiming for AI partnership and tariff reductions, enhancing semiconductor and tech sectors.

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