Foreign Investment
South Korea's first US investment announcement set after June law
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Industry Minister Kim Jung-kwan said specific investment projects in the United States can be discussed after a new law takes effect on June 18. The move aligns with last year's trade agreement committing South Korea to invest $350 billion in the US.
Paramount Skydance has filed with the FCC stating that the merged Paramount-Warner Bros. Discovery will see Middle Eastern funds holding 38.5% of the equity. Saudi Arabia’s Public Investment Fund will take a 15.1% stake, the UAE’s sovereign wealth fund 12.8%, and Qatar Investment Authority 10.6%. Foreign investors will lack board seats or voting shares, with control remaining with the Ellison family and RedBird Capital Partners.
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Hainan Free Trade Port has attracted 737 new foreign-funded enterprises in the 100 days since launching independent customs operations, up 33.5% year-on-year. The Hainan Provincial Department of Commerce reported 441 new firms and 4.05 billion yuan ($586 million) in utilized foreign investment in the first two months of 2026. Several international companies have established operations there.
During the Havana International Fair 2025, the Cuban government presented decisions to create a more dynamic business environment for foreign investment. These measures aim to simplify procedures and promote partnerships with the private sector, despite outstanding debts to companies like Chinese firms. President Díaz-Canel highlighted the continued trust of investors in the island.
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The Cuban government has informed foreign companies that they cannot withdraw or transfer abroad the foreign currency deposited in local banks. This measure, described as a 'corralito' freeze, now extends to the entire foreign sector and also affects diplomatic missions. Economists warn that it undermines the credibility of Cuba's financial system.