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The Latest Breaking News from South Korea

The Layoffs Are Coming To The EV Sector. Here's What It Means

Today on Critical Materials: General Motors lays off 3,300 EV workers, South Korea strikes a tariff deal, and Stellantis gets into robotaxis.

InsideEVs

South Korean and Japanese leaders vow to improve ties in face of global uncertainty

South Korean President Lee Jae Myung and Japan’s new Prime Minister Sanae Takaichi on Thursday pledged to strengthen ties between the neighbors, whose relations have long been strained by their bitter wartime history

The Independent UK

Trump and Xi Seek to Reset US-China Trade Relations in South Korea Summit

Trump and Xi agree to lower tariffs and restart trade talks during a South Korea summit, signaling a potential reset in U.S.-China relations.

International Business Times

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Jim Cramer Says 'I Want President Trump To Let The Chinese Have' Nvidia's Chips Amid Trump-Xi Summit

CNBC’s ‘Mad Money’ host Jim Cramer delivered a stunning declaration on Thursday amid the high-stakes “G2” summit in South Korea, stating he wants President Donald Trump to “let the Chinese have” advanced U.S. microchips, including those from Nvidia Corp. (NASDAQ:NVDA).

Benzinga

Trump announces deal with China after face-to-face talks with Xi in South Korea

Washington and Beijing are "in agreement on many things," Trump said after the meeting that lasted nearly two hours, the first between both leaders in six years.

Euronews

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

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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

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

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

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The Guardian - AU

Former Adelaide MP named new ALP president – as it happened

This blog is now closed

Euronews

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.

Barchart

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...

Benzinga

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.

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The Independent UK

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

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

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.

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