Upon "golden" treatment, Trump agrees to a trade deal with South Korea

GYEONGJU, October 29 (AJP) -— President Donald Trump on Wednesday agreed to Seoul’s terms on South Korea’s $350 billion investment package after months of wrangling, clearing the way for a sweeping trade deal on the sidelines of the Asia-Pacific Economic Cooperation Summit, according to Seoul's presidential office. The agreement—$200 billion in cash and $150 billion in shipbuilding projects led by Korean firms—will cut U.S. tariffs on Korean

October 29, 2025

South Korea expands visa programs to lure foreign talent

SEOUL, October 29 (AJP) - Amid a global race to attract top talent, South Korea is opening its doors to international professionals through a series of new policies, especially those from Asian countries where South Korean companies already have production networks and academic partnerships. Internship program for foreign talent Earlier this week, the Ministry of Justice introduced the so-called "K-Trainee" program, which is designed to help South Korean com

October 29, 2025

Lee rolls out red carpet for Trump as bilateral trade talks get underway

SEOUL, October 29 (AJP) - U.S. President Donald Trump arrived in Gyeongju on Wednesday for the Asia-Pacific Economic Cooperation (APEC) summit and began the final leg of his Asia trip that included stops in Malaysia and Japan. Upon arrival, he headed to the CEO Summit as part of the APEC gathering and delivered a keynote speech, in which he said a trade deal with South Korea will be finalized "very soon," raising expectations for a possible breakthrough in stalled tariff-r

October 29, 2025

Global leaders gather for APEC CEO Summit

SEOUL, October 29 (AJP) - Global business moguls and other leaders gathered for talks at the CEO Summit as part of the Asia-Pacific Economic Cooperation (APEC) summit in the southeastern city of Gyeongju, which kicked off on Wednesday. The multilateral business roundtable, hosted by the Korea Chamber of Commerce and Industry (KCCI), is the largest ever, featuring more sessions, speakers, and high-level attendees. President Lee Jae Myung, along with leaders from major businesses

October 29, 2025

Lee set to hold talks with Trump in Gyeongju

SEOUL, October 29 (AJP) - President Lee Jae-myung on Wednesday is set to hold talks with U.S. President Donald Trump on Wednesday in South Korea's historic city of Gyeongju on the sidelines of the Asia-Pacific Economic Cooperation (APEC) summit. Their meeting, scheduled for later in the day, comes about two months after they first met in Washington, D.C. in August, marking the shortest interval between reciprocal visits by the two leaders. Lee arrived in Gyeongju the previous

October 29, 2025

Newly elected Japanese PM to meet Lee for first time at APEC summit

SEOUL, October 28 (AJP) - Japan's newly elected Prime Minister Sanae Takaich will travel to South Korea later this week to attend the Asia-Pacific Economic Cooperation (APEC) summit, Japanese media reported on Tuesday. In a press briefing later in the day, Chief Cabinet Secretary Minoru Kihara said Takaichi, who took office as the island country's first female prime minister last week, will visit South Korea for three days from Thursday, just a day before the summit begins i

October 28, 2025

Global searches surge for APEC as world leaders arrive at Gyeongju

SEOUL, October 28 (AJP) - South Korea and its ancient city Gyeongju have grabbed global attention as they ready to receive government and corporate leaders across Asia-Pacific region and host the two superpowers locked in high-stake trade confrontation, while speculation swirl about an uninvited featuring by the North Korean leader. This year's Asia-Pacific Economic Cooperation (APEC) summit has dominated news cycles, pulling headlines ranging from Japan's new Prime Minister

October 28, 2025

FM urges regional cooperation against online scams at forum in Malaysia

SEOUL, October 28 (AJP) - Foreign Minister Cho Hyun called for closer cooperation to tackle online scams and other crimes while discussing regional issues with participating countries at the annual East Asia Summit (EAS) in Kuala Lumpur, the Ministry of Foreign Affairs said on Tuesday. According to the ministry, Cho emphasized the need to "work closely with EAS member countries and the broader international community" to combat the growing threat of transnational cybercr

October 28, 2025

Countdown begins as global leaders set to converge in Gyeongju for APEC summit

SEOUL, October 28 (AJP) - The countdown to the Asia-Pacific Economic Cooperation (APEC) summit has begun, with leaders from 21 member economies set to converge in South Korea's historic city of Gyeongju this week. According to diplomatic sources, participants from Australia, Canada, Indonesia, Japan, and the U.S. will gather ahead of the summit's opening on Friday. Among them were U.S. President Donald Trump, making his first visit since beginning his second, non-consec

October 28, 2025

Putin meets North Korean foreign minister, hails progress in ties

SEOUL, October 28 (AJP) - Russian President Vladimir Putin affirmed that relations with Pyongyang are moving forward as planned during a meeting in Moscow with North Korean Foreign Minister Choe Son-hui, the Kremlin said Monday. Conveying his warm regards to North Korean leader Kim Jong-un, he said, "Everything is going according to plan." Choe thanked Putin for taking the time to meet with her and mentioned that she had heard his summit with Kim in Beijing early last

October 28, 2025