Korean Companies Plan More US Investment Pledges, Hankyoreh Says

South Korea is set to unveil about $150 billion in US investment plans by private companies during a summit between President Lee Jae Myung and US President Donald Trump, the Hankyoreh newspaper reported Thursday.

The pledge is likely to include both ongoing and future projects and will be separate from the $350 billion South Korea agreed to invest in the US as part of a trade agreement struck last month.

While the $150 billion package will be highlighted at the summit, officials don’t expect further discussion of the $350 billion investment fund, which was a centerpiece of last month’s ...