koreajoongangdaily

South Korea is considering investing in eight new U.S. nuclear reactors, with a potential agreement expected as early as Sept. 18 amid growing AI data center power demand.

SK Gas paid a record $5.7 million for a Panama Canal transit slot to secure U.S. LPG supplies for Korea as El Niño-driven drought cuts vessel traffic and raises global freight costs.

South Korea will repay its remaining 7.9 trillion won ($5.8 billion) public-fund debt in 2027, ending a 30-year financial burden from the 1997 Asian financial crisis.

SK hynix will hold an Aug. 27 groundbreaking ceremony for its $3.87 billion advanced semiconductor packaging plant in West Lafayette, Indiana, targeting AI memory production in 2028.

Korea’s jet fuel and petroleum exports to the United States fell sharply as refiners redirected cargoes to Japan and other Asian markets for higher margins amid Iran war risks. The shift could pressure U.S. fuel supply, which relies heavily on Korean jet fuel imports.