Latest news with #SouthKorean
Yahoo
24 minutes ago
- Business
- Yahoo
South Korea Calls For ‘Mutually Beneficial' Trade Deal With US
(Bloomberg) -- South Korea called for a 'mutually beneficial' agreement on trade with the US during its new trade minister's first trip to Washington this week. Philadelphia Transit System Votes to Cut Service by 45%, Hike Fares US Renters Face Storm of Rising Costs Squeezed by Crowds, the Roads of Central Park Are Being Reimagined Sprawl Is Still Not the Answer Mapping the Architectural History of New York's Chinatown Yeo Han-koo held talks that concluded Friday with US Commerce Secretary Howard Lutnick, Trade Representative Jamieson Greer and Interior Secretary Doug Burgum, as well as several lawmakers in Washington, ahead of the July 9 deadline to reinstate higher tariffs paused in April. Yeo introduced new South Korean President Lee Jae Myung's policy and reaffirmed his commitment to reaching a deal for both sides, according to the ministry in a statement released Saturday. 'The ongoing negotiations are not merely for tariffs but also an opportunity to establish a new framework for future cooperation,' Yeo said in the statement. 'We will fiercely engage in the discussions to ensure the two countries' momentum for cooperation won't be undercut by the tariffs, and to turn the current crisis into an opportunity.' South Korea is a key US ally and major manufacturing hub for cars, semiconductors and batteries. If the 25% across-the-board levies are implemented, that would further undermine an economy that is already facing slowing domestic consumption. The central bank last month slashed its 2025 GDP growth forecast to 0.8% from 1.5%. Yeo also conveyed industry concerns about recent developments in US export control policy, as Washington tightens restrictions on technology transfers to competitors such as China. Lutnick, speaking on Bloomberg Television, said Washington is working to finalize more trade deals with 10 other countries in the coming two weeks in line with the July 9 deadline, though he did not specify which nations. He also said Trump could extend the deadline to facilitate talks, and that negotiating partners will get a 'response.' A senior South Korean official, speaking to reporters in Washington, said Seoul has not yet been informed of any extension and is not in a situation to 'feel assured,' according to Yonhap News. America's Top Consumer-Sentiment Economist Is Worried How to Steal a House Inside Gap's Last-Ditch, Tariff-Addled Turnaround Push Luxury Counterfeiters Keep Outsmarting the Makers of $10,000 Handbags Apple Test-Drives Big-Screen Movie Strategy With F1 ©2025 Bloomberg L.P. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Mint
an hour ago
- Business
- Mint
North Korea opens grand seaside resort inaugurated by Kim Jong Un; but, not everyone is welcome
North Korea has opened a grand seaside resort called Wonsan-Kalma. State media described it as a 'national treasure-level tourism city'. Kim Jong Un inaugurated it himself. The resort includes waterparks and high-rise hotels. It can host nearly 20,000 guests, CNN reported. It is located on North Korea's eastern coast and is connected by a newly-opened train station and international airport. The location hints at North Korea's plans to attract foreign visitors, especially Russians. Only Russian officials attended the opening, showing North Korea's stronger ties with Moscow and growing isolation from the West. While the country faces severe hunger and hardship, this lavish project is being promoted as proof of Kim's care for his people, according to CNN. Kim Jong Un has said North Korea will expand tourism zones soon and build big tourist and cultural sites across the country. Kim visited the Wonsan-Kalma resort at least seven times. The Supremo guided the work himself and aiming for top global standards. In December 2024, after nearly five years of COVID-related border closure, North Korea reopened the northern city of Samjiyon for tourists. Tour companies in China confirmed the news. The 2020 shutdown led to major food shortages due to halted imports and global sanctions. Travel firms expect other cities like Pyongyang to reopen soon as restrictions ease. Still, foreign tourist visits to North Korea remain strictly controlled. Past Russian tourists had to follow many rules, including limited photography and attending organised performances. Experts believe the resort may soon welcome Russian visitors. It will support Kim's image of focusing on tourism while continuing his defence policies, according to CNN. The new Wonsan-Kalma resort is expected to serve elite officials from Pyongyang, not the general public. Experts say the project shows Kim Jong Un's aim to boost the economy through tourism. In the 1990s, North Korea opened Mount Kumgang for South Korean visitors, seen as a rare step toward peace. Around two million tourists visited, bringing in money. But, the tours stopped after a South Korean visitor had been shot in 2008 for entering a restricted area. In 2022, many buildings in the region were demolished after Kim had called them outdated. 'The initial target for this resort is going to be the privileged domestic elite of Pyongyang, such as party officials and other high-ranking figures,' CNN quoted professor Lim Eul-chul as saying. 'The ceremony of the Wonsan-Kalma resort reflects Kim Jong Un's vision of 'socialist civilisation' and is part of his strategic effort to seek economic breakthroughs through the tourism industry,' Lim added.
Pink Villa
2 hours ago
- Entertainment
- Pink Villa
Fan hails GOOD BOY's Park Bo Gum as ‘king of good deeds', recalls actor's kind gestures towards her mom
Park Bo Gum is recognized as one of the most gentle and compassionate individuals in the South Korean entertainment industry. Apart from his warm and endearing roles on screen, his real-life interactions with fans and colleagues are frequently talked about. Recently, a fan shared a story about her mother's experience with the actor during his time in the military, which heaped praises for him. Park Bo Gum's kind deeds towards a restaurant worker, as shared by her daughter GOOD BOY star Park Bo Gum was enlisted in the South Korean navy from August 31, 2020, to April 30, 2022. During that time, he and his comrades visited a chicken shop on his base. One of the restaurant workers, being a big fan of the actor, paid for his meal. As per the workers' daughter's account, "Bo Gum looked so sincerely grateful and said, 'Ma'am' with a very apologetic and thankful expression." The actor didn't forget her and made sure to repay the kindness. The user of the X-account @anxna52 said whenever Park Bo Gum came across her mother in the base, he would run towards her and greet her doing aegyo (cute gestures). He also prepared a "separate gift" for the woman during the holidays and even helped her carry the trash to the bin once. The daughter revealed that the When Life Gives You Tangerines star had "an amazing memory" and still remembered her mother's name. Recalling another heartwarming anecdote, she wrote, "When she (restaurant worker) hurt her leg, he was really concerned and brought her all kinds of health-related items to help." She mentioned being jealous of the bond her mother shared with the actor. "Every time they met, he would ask how she was feeling, hug her, get teary-eyed, and say he was always praying for her and that he really hoped she'd stay healthy," she stated. He also occasionally checked up on her since then, as per the woman's daughter. She stated that previously, she had only heard from others that Park Bo Gum was the 'king of good deeds,' but after personally experiencing his kindness, she can indeed vouch for the truth of that label.
Hindustan Times
4 hours ago
- Automotive
- Hindustan Times
Kia Carens Clavis EV to debut soon with ADAS and more. Here's what you can expect
The Kia Carens EV was confirmed at the launch of its ICE-powered counterpart and will closely resemble its design with EV-specific elements. The Kia Carens Clavis EV will be the first mass-market electric car from the South Korean carmaker, and it will be unveiled in India on July 15, 2025. This was confirmed to be in the pipeline at the time of the Carens Clavis launch in May of this year. The all-electric version of the MPV will be positioned as the most affordable EV in Kia's portfolio and is expected to share most of its powertrain with the Hyundai Creta Electric. With the reveal only a couple of weeks away, here's what you should expect from the Carens Clavis EV: 3 Feature suite: Since the Clavis MPV is among the best-equipped in its segment, its EV sister will likely not disappoint on the feature front. It will carry over the twin 12.3-inch display panel for the touchscreen infotainment and the digital cluster, alongside features such as a panoramic sunroof, ambient lighting, digital key, wireless charging, and more. Kia is further expected to add new features such as powered and ventilated seats as well as V2V and V2L technology. The test mules spotted so far feature a camera on the windshield as well as front parking sensors on the bumper. This confirms that an ADAS suite will be available with the Carens EV. Check out Upcoming EV Cars in India. First Published Date: 28 Jun 2025, 11:45 AM IST TAGS: electric car electric vehicle ev kia carens carens clavis carens ev NEXT ARTICLE BEGINS
Economic Times
4 hours ago
- Entertainment
- Economic Times
Is Squid Game USA Next? Here's what the season three finale's secret might mean for fans
Agencies Image via Epic Games. Netflix's Squid Game Season 3 landed this week, ending the saga of Seong Gi-hun (Lee Jung-jae), Player 456, who first captured global attention in Season 1. Viewers watched Gi-hun enter the Games to clear debts but saw him become a rebel inside the blood-soaked time, the final episode sees Gi-hun trapped in a last stand. He faces Myung-gi (Yim Si-wan) and Jun-hee's newborn baby, now Player 222. Both men kill the other contestants too soon. The cruel twist? At least one must die each round. Myung-gi's desperation ends in a fall off the platform, leaving Gi-hun with a choice — kill the baby or face the guards' defies the Games' cruelty. He ends his own life instead, shouting he is 'not a horse to be bet on but a human with a life.' He spares the child but seals his own fate. Player 456 is the final round breaks down, Lee Byung-hun's Front Man — In-ho — blows up the Games' island. Hundreds of bodies remain inside the flaming arena. Yet In-ho takes the baby and the winnings — 45.6 billion won (roughly £26 million) — and disappears before the police South Korean arena is finished. But the system that fed it? That flame flickers still. While Gi-hun's life ends, other faces from the Squid Game Season 2 cast — Jun-ho (Wi Ha-jun) and No-eul (Park Gyu-young) — wrestle with their own escapes. Jun-ho, brother to the Front Man, reaches the island at the last moment. No-eul, torn by guilt over abandoning her own child in North Korea, helps another father flee and then tries to torch the Games' the chaos, the wealthy VIPs leave untouched. No punishment. No a year passes. Jun-ho's ally Mr Choi (Jeon Seok-ho) is out of prison. Jun-ho drops his fight. But the Front Man appears again — and hands him Jun-hee's baby and that mountain of won Gi-hun first won. The prize lives on. So does the question: at what cost?And just when the story appears shut — one silent scene swings the door wide open. In the final minutes, In-ho rides through downtown Los Angeles. He spots a figure in a suit. Oscar-winner Cate Blanchett. She's playing Ddakji with a homeless man, echoing Gong Yoo's 'Salesman' from Squid Game Season eyes lock. No words. Just a nod. The Front Man closes the window. The camera fades. Hwang Dong-hyuk, the series creator, told Netflix's Tudum: 'We thought having a woman as a recruiter would be more dramatic and intriguing. And as for why Cate Blanchett, she's just the best, with unmatched charisma. Who doesn't love her? So we were very happy to have her appear.' He added, 'If Gong Yoo is the Korean Recruiter, I thought she would be the perfect fit as the American Recruiter, bringing a short but gripping and impactful ending to the story.' Lee Byung-hun confirmed he never met Blanchett on set: 'We shot our parts separately with just a camera going back and forth.'Blanchett's cameo fuels old rumours. For years, whispers have said Netflix might back a Squid Game USA. Deadline reported David Fincher might develop it. Dennis Kelly, of Utopia, is linked as writer. Sources suggest 'Squid Game: America' could start production in Los Angeles in December 2025. Netflix? Quiet for Dong-hyuk told Entertainment Weekly: 'I'm not trying to say that I'm going to close the door to spinoffs or sequels altogether because they say never say never.'Until then, the Squid Game cast stands frozen between an ending and a question Netflix, Squid Game lives beyond Gi-hun's sacrifice. There's a mobile game. The reality spin-off Squid Game: The Challenge won a BAFTA. Philadelphia and Dallas will soon house permanent Squid Game the slap of Ddakji may ring next in American streets. Squid Game Season 1 shocked the world. Seasons 2 and 3 — messy as they were — kept the fight alive. If there's more, it begins with Blanchett's nod on that Los Angeles last question for fans: ready for the next slap?
