Trump’s Fed pick Warsh serves on board of firm at center of US-Korea trade spat
WASHINGTON — Kevin Warsh, President Donald Trump’s pick to head the Federal Reserve, has earned over $1 million since 2020 as a member of the...
Author : Claire R. Peck
AI subscription competition escalates with budget plans and bundles
Generative artificial intelligence (AI) services are entering a new phase of intense price competition as telecom companies roll out budget-friendly bundled AI services to attract...
Kevin Warsh, former Fed ‘hawk,’ now in tune with Trump
WASHINGTON — Kevin Warsh, a former US Federal Reserve official tipped to be named its chief by President Donald Trump on Friday, was long an...
Lee reiterates his warning against transnational scam crimes targeting Koreans
President Lee Jae Myung warned Friday that Korea’s commitment to fighting transnational scam crimes targeting its nationals is not “empty talk,” as Korean authorities are...
Trade Minister Yeo Han-koo vows to resolve tariff issues through talks with US
Trade Minister Yeo Han-koo said Thursday he will make utmost efforts to find reasonable solutions to pending trade issues following President Donald Trump’s recent threat...
4 car importers to recall over 55,000 vehicles for safety defects
Volvo Car Korea, Jaguar Land Rover Korea and two other car importers will voluntarily recall more than 55,000 imported vehicles sold in South Korea due...
Amazon to cut around 16,000 jobs in fresh round of layoffs
LONDON — Amazon has told staff it plans to cut around 16,000 jobs globally as part of efforts to streamline operations and reduce bureaucracy across...
Hanwha Aerospace wins Norway long-range rocket deal; contract signing expected Friday
Hanwha Aerospace Co. has secured an estimated $1.9 billion project to supply long-range rockets to Norway, with the official contract expected to be signed this...
Coupang CEO Rogers expected to attend police questioning on Fri.: sources
Harold Rogers, interim CEO of Coupang, is expected to attend police questioning later this week after previously failing to comply with a summons related to...
Toff Mobility eyes regional airports for electric aircraft operations
YANGYANG, Gangwon Province — Electric aircraft operator Toff Mobility on Monday flew its Velis Electro aircraft over Yangyang International Airport on the eastern coast of...