South Korea

This comes after US President Donald Trump’s scaled back a major joint exercise with South Korea

The central bank last raised rates at consecutive meetings in early 2023

Seoul is also willing to make a ‘practical contribution’ towards restoring free navigation via Hormuz

The allies remain in close consultations on resuming the drills

SAMSUNG Electronics plans to return as much as 110 trillion won (US$80 billion) to investors this year, joining SK Hynix in sharing an AI windfall and putting in motion the largest shareholder return programme in South Korea’s history.

This comes after 10 ballistic missiles were launched from Pyongyang on Aug 20

MAS in July had proposed a more flexible framework that could allow retail investors to access new fund types

KakaoAI will focus on AI, advertising, commerce and the KakaoTalk chat app platform

Kim Yo Jong says US-South Korea relationship akin to ‘relation between master and servant’