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The Latest Breaking News from South Korea

Donald Trump praises ‘great’ Washington meeting with Anthony Albanese as leaders dine at Apec

US president tells reporters he and Australian PM ‘working on a lot of things together’

The Guardian - AU

Trump-Xi meeting: US president says rare earths deal and tariff cut agreed

Donald Trump hails ‘amazing’ trade talks with Chinese counterpart, with ‘no roadblock at all on rare earth’

The Guardian - UK

Trump calls China’s Xi Jinping a ‘tough negotiator’ ahead of meeting amid escalating trade tensions and fragile global markets

High-stakes sit-down follows months of tensions and tariff threats over China’s rare earth export controls

The Independent UK

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Senate passes bill to nullify Trump’s sweeping global tariffs on more than 100 nations – as it happened

This live blog is now closed.

The Guardian - US

Cotton Rallies into Wednesday’s Close

Cotton futures were up 91 to 96 points higher across most contracts on Wednesday. Crude oil futures were up 21 cents/barrel to $60.36, with the US dollar index back up $0.502 to $98.955. There was some optimism ahead of the Trump/Xi meeting later this evening into Thursday in South Korea....

Barchart

South Korea to build nuclear submarine after Trump says US will share tech

Lee says if South Korea is equipped with nuclear submarines, it could help US activities in region

The Independent UK

PM optimistic Trump and Xi will reduce trade tensions

Anthony Albanese is hopeful a hotly anticipated meeting between the world's most powerful leaders will lead to a reduction in trade barriers.

AAP

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Trump and China's Xi are meeting in South Korea to try to roll back months of trade tensions

President Donald Trump and Chinese leader Xi Jinping are meeting face-to-face today in South Korea

The Independent UK

Dollar Rallies on Hawkish Powell

The dollar index (DXY00 ) rallied to a 2-week high on Wednesday and finished up by +0.62%. The dollar found support on Wednesday amid easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal on Wednesday that will see South...

Barchart

Former Adelaide MP named new ALP president – as it happened

This blog is now closed

The Guardian - AU

North Korea boasts of cruise missile test as Trump visits South Korea

US President Donald Trump sought to downplay the incident, saying he still wanted to meet North Korean leader Kim Jong-un for talks.

Euronews

Dollar Climbs as Global Trade Tensions Ease

The dollar index (DXY00 ) today is up by +0.18%. The dollar is climbing today on easing global trade tensions, which are supportive of economic growth prospects. The US and South Korea finalized a trade deal today that will see South Korea make $150 billion in shipbuilding investments and cap...

Barchart

Amazon Web Services To Invest At Least $5 Billion In South Korea's AI Sector By 2031

Amazon.com Inc.’s (NASDAQ:AMZN) cloud computing unit has committed to investing a minimum of $5 billion in South Korea by 2031 to establish new artificial intelligence (AI) data centers.

Benzinga

Trump honoured with golden crown by South Korea: ‘I could wear it right now’

Donald Trump has been awarded South Korea’s highest honour, the Grand Order of Mugunghwa, for his contribution "to the national security of Korea."

The Independent UK

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The Independent UK

Trump uses fake Indian accent to impersonate India’s leader in rambling speech to Korean delegation

Donald Trump mimics Narendra Modi as he attempts to take credit for ending May’s India-Pakistan war at APEC summit in South Korea

The Independent UK

Trump says US-South Korea trade deal ‘pretty much finalised’ after hours of talks

Donald Trump said the U.S. has “pretty much finalised” the details of a fraught trade deal with South Korea as he marked the last pitstop on his whirlwind Asia tour Wednesday.

The Independent UK

Trump raises eyebrows with awkward Narendra Modi impersonation during APEC speech

Donald Trump raised eyebrows with an awkward impression of Indian Prime Minister Narendra Modi during the Asia-Pacific Economic Cooperation (APEC) summit in South Korea.

The Guardian - US

Top Senate Democrat blames ‘heartless’ Trump for food aid being cut off – as it happened

Chuck Schumer condemns president for stopping Snap benefits for millions as overall cost of shutdown to US economy could reach $14bn

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Benzinga

Trump Honored With Gold Crown, Military Parade, Ketchup Feast As South Korea Hails Him 'Peacemaker'

South Korea rolled out a glittering, gold-laden welcome for President Donald Trump on Wednesday, presenting him with the nation's highest honor, a replica royal crown, and a ketchup-themed lunch celebrating his trademark tastes.

Euronews

Trump given golden crown in South Korea with trade deal 'pretty much finalised' but not signed

It has been tricky to strike a deal with South Korea, with the sticking point being Trump's demand for $350 billion of direct investment in the US.

Benzinga

Nvidia-Supplier SK Hynix Sells Out 2026 Chip Supply As AI Boom Triggers Historic 'Super Cycle' — Posts Record $8.02 Billion Q3 Profit

On Wednesday, South Korea's SK Hynix (HXSCF) said it has completely sold out its chip supply for next year and plans to ramp up investments as the global artificial intelligence boom fuels a memory chip "super cycle."

Benzinga

Trump Hints At Cutting Fentanyl Tariffs, Discussing 'Farmers' Ahead Of High-Stakes Xi Jinping Meeting

President Donald Trump signaled on Wednesday that he expects to lower fentanyl-linked tariffs on China, a potential major concession ahead of a high-stakes meeting with Chinese President Xi Jinping in South Korea this week.

The Independent UK

Trump responds to North Korea’s latest cruise missile test

IN FULL

The Guardian - UK

South Korea awards Trump gold crown amid deal to unlock $350bn trade talks

Seoul says it has reached broad agreement on investment and shipbuilding as attention shifts to US-China meeting

The Independent UK

South Korea trade deal appears elusive as Trump seeks $350B investment

After a charm offensive in Japan that culminated in $490 billion in investment commitments, President Donald Trump is set to meet with South Korea’s leader on Wednesday as a trade deal with that country appears more elusive

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