The Business Times

Lee Jae-myung

Global Enterprise

Trump says South Korea, Japan will pay billions ‘upfront’ in investment

The benchmark Korea Composite Stock Price Index (Kospi) soaring more than 24 points to an intraday high of 3,339.01 during morning trading in Seoul on Sep 11.
Capital Markets & Currencies

South Korea scraps plan to expand tax on stock investments

South Korean President Lee blamed the raid on “cultural differences”, saying that in South Korea, minor visa infractions by American nationals were not seen as “a serious issue”.
International

South Korea President warns ‘bewildering’ Hyundai immigration raid could chill investment

In shipbuilding, HD Hyundai agreed with state-run Korea Development Bank and Cerberus Capital to create a multibillion-US dollar joint investment fund aimed at strengthening the maritime capabilities of the US.
Global Enterprise

South Korea bets US$150 billion on reviving troubled US shipbuilding to woo Trump

US President Donald Trump once said that he and North Korean leader Kim Jong Un “fell in love.” Their meetings reduced tensions but failed to produce a lasting agreement.
International

Trump says he wants to meet North Korea’s Kim again

South Korean President Lee Jae-myung's administration aims to raise 35.6 trillion won in additional revenue by 2030 through higher taxes on companies and individual investors.
International

South Korea to spend 210 trillion won to fund President Lee’s policy goals

US President Donald Trump may use the summit with counterpart Lee Jae-myung to seek more concessions on defence costs and corporate investments, left out of the deal, while non-tariff barriers and currency could prove thorny issues.
Global Enterprise
ANALYSIS

South Korea, US prepare for summit with details of trade deal unresolved

The Kospi has gained about 33% so far this year to near a record high.
Banking & Finance

South Korea seeks to unlock property money in ‘Kospi 5,000’ drive

President Lee Jae-myung, who was elected last month, had pledged to support the legislation to help eliminate what is known as the “Korea discount”.
Global Enterprise

South Korea passes commercial Bill revision to tackle ‘Korea discount’

In a phone call with new South Korean President Lee Jae Myung, Chinese President Xi Jinping urged Beijing and Seoul to “inject more certainty into regional and international situations”, Xinhua said, as well as to “promote strategic cooperative partnership to higher level”.
International

China, South Korea must safeguard free trade, Xi tells Lee

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