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US President Donald Trump announces $200 billion South Korean investment in US nuclear

US President Donald Trump unveiled a $200 billion investment plan from South Korea, $54 billion of which is slated to go to a liquefied natural gas (LNG) project in Alaska, Reuters reported on Thursday.

US President Donald Trump announces $200 billion South Korean investment in US nuclear

US President Donald Trump has announced a $200 billion investment plan from South Korea, with $54 billion earmarked for an LNG project in Alaska. This investment package, which builds on a $350 billion trade agreement reached last year, includes $150 billion for shipbuilding and $200 billion for strategic investments. Among these strategic investments are the construction of eight large-scale nuclear power plants, a natural gas pipeline, and a 6-gigawatt power generation facility in Texas.

The announcement comes amid discussions on the "risk-on" and "risk-off" market conditions, with investors tending to favor riskier assets during "risk-on" periods and more conservative investments during "risk-off" periods.

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