South Korean analysts have welcomed the new trade and investment agreement with Washington, announced to coincide with President Donald Trump's visit.

President Trump marked the penultimate day of his three-country swing through Asia Wednesday by announcing a trade deal between the US and South Korea — after officials from both countries previously downplayed the prospects of a breakthrough.

South Korea’s export growth slowed in October, usually a softer month for trade data as holidays reduce the number of working days during the period. Still, brisk demand for semiconductors helped stretch the streak of export growth to a fifth straight month.

U.S. President Donald Trump said on Thursday he has given South Korea approval to build a nuclear-powered submarine, a dramatic move that would admit Seoul to a small club of nations possessing such vessels.

Donald Trump visits Seoul for talks with President Lee Jae-myung focused on trade, investment, and maintaining stability amid growing tensions in the Asia-Pacific region.

The authorities have been scrambling to accommodate this year’s Asia-Pacific Economic Cooperation forum in Gyeongju, which is known for tombs, temples and pagodas.

U.S. semiconductor leader Nvidia on Friday said it will supply more than 260,000 of its most advanced AI chips to South Korea's government and some of the country's biggest businesses, including Samsung Electronics .

President Lee Jae Myung and Chinese President Xi Jinping are set to hold their first summit talks Saturday, with Seoul saying the denuclearization of the Korean Peninsula is on the agenda. The two leaders will meet on the sidelines of the Asia-Pacific Economic Cooperation