south korea

WASHINGTON | Auto industry urges US to hit brakes on proposed car tariffs

WASHINGTON — The U.S. Commerce Department sought feedback on President Donald Trump‘s plans to consider taxing auto imports. It got an earful at an all-day hearing Thursday. Critics lined up to urge the administration to reject auto tariffs. They argued that the taxes would raise car prices, squeeze automakers by increasing the cost of imported … Continue reading WASHINGTON | Auto industry urges US to hit brakes on proposed car tariffs

NEW YORK | US stocks waver; transports rise but energy companies slip

NEW YORK— U.S. stocks are mixed in early trading Wednesday as energy companies fall with the price of oil, but industrial companies including railroads and airlines climb after a round of strong second-quarter reports. KEEPING SCORE: At 10 a.m. Eastern time, the S&P 500 index was unchanged at 2,809. The Dow Jones Industrial Average picked … Continue reading NEW YORK | US stocks waver; transports rise but energy companies slip

SEOUL, South Korea  | Kim slams local North Koreans for unfinished power plant

SEOUL, South Korea  — North Korean leader Kim Jong Un has blasted local officials over a delayed construction project, state media reported Tuesday, his second such rebuke over the economy in recent weeks. It’s unusual for state media to carry dispatches showing Kim’s criticism of officials. Some experts say Kim, eager to claim economic gains, … Continue reading SEOUL, South Korea  | Kim slams local North Koreans for unfinished power plant

SEOUL, South Korea  | Kim rebukes local N. Koreans for unfinished power plant

SEOUL, South Korea — State media say that North Korean leader Kim Jong Un has harshly reprimanded local officials over a delayed construction project. It’s Kim’s second such public rebuke of officials and indicates he’s struggling to improve the economy while engaging in talks with the United States over the fate of his nuclear arsenal. … Continue reading SEOUL, South Korea  | Kim rebukes local N. Koreans for unfinished power plant

SEOUL, South Korea | Pompeo: US, N. Korea hold ‘productive’ talks on war remains

SEOUL, South Korea — U.S. and North Korean officials held “productive” talks Sunday to discuss the return of U.S. service members’ remains missing since the Korean War, U.S. Secretary of State Mike Pompeo said. Pompeo, who was not part of the talks, said in a statement that working level meetings between U.S. and North Korean … Continue reading SEOUL, South Korea | Pompeo: US, N. Korea hold ‘productive’ talks on war remains

SEOUL, South Korea  | S. Korea probes army plan for troops to control protesters

SEOUL, South Korea  — A group of army generals rolling tanks and troops into Seoul to seize power. Paratroopers firing at large crowds calling for democracy. Tanks and armored vehicles stationed at universities to intimidate student protesters. Such scenes of military intervention in South Korea have been nonexistent since the country achieved democracy in the … Continue reading SEOUL, South Korea  | S. Korea probes army plan for troops to control protesters

SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

SEOUL, South Korea — South Korea’s central bank cut its forecast on the country’s economy Thursday, citing mounting uncertainties from the U.S.-China trade battle. The Bank of Korea said it lowered its growth outlook on Asia’s fourth-largest economy to 2.9 percent this year, compared with its earlier forecast of 3 percent growth. The bank said … Continue reading SEOUL, South Korea | South Korea’s central bank cuts outlook on trade battle

SEOUL, South Korea  | Hyundai Motor union warns auto tariffs could hurt US jobs

SEOUL, South Korea  — Hyundai Motor Co.’s labor union said Thursday that steep auto tariffs the U.S. is considering could cost tens of thousands of American jobs, echoing concerns of the global auto industry as spiraling trade conflicts between the U.S. and other major economies heat up. The labor union at South Korea’s largest auto … Continue reading SEOUL, South Korea  | Hyundai Motor union warns auto tariffs could hurt US jobs