Asian Financial Markets

Asian Stocks Decline Amid Caution Over US Jobs Data and Global Volatility

Asian stocks mirrored a drop on Wall Street as caution dominated the markets ahead of pivotal US jobs data. This data is expected to offer key insights into the Federal Reserve’s monetary policy trajectory. A regional equities benchmark slipped 0.2%,...
Yoon Suk Yeol

South Korean President Yoon Suk Yeol Faces Political Turmoil After Failed Martial Law Attempt

South Korean President Yoon Suk Yeol’s political future hangs by a thread after his controversial attempt to impose martial law sparked widespread protests and condemnation. Thousands of demonstrators have taken to the streets of Seoul, calling for his resignation, but...
Euro

Euro Struggles Amid French Political Turmoil, South Korean Won Stabilizes Post-Martial Law Fiasco

The euro lingered near two-year lows on Thursday as France’s government collapse spurred fears about the stability of the eurozone's second-largest economy. Meanwhile, the South Korean won steadied after enduring a political shock triggered by a martial law controversy. These...
South Korea Martial Law

Yoon Suk Yeol Declares and Retracts Martial Law Amid National and Global Shock

South Korea experienced a seismic political event on December 3 when President Yoon Suk Yeol made an unprecedented declaration of martial law. The move sent shockwaves domestically and reverberated through international diplomatic circles, raising questions about the nation's democratic stability....
South Korean President Yoon Suk Yeol

South Korean President Yoon Suk Yeol Faces Unprecedented Challenges Amid Martial Law Controversy

South Korean President Yoon Suk Yeol, who briefly declared martial law on Tuesday, December 3, faces mounting criticism and political instability in a turbulent presidency defined by controversy, dwindling public support, and fraught governance. The declaration, citing “anti-state forces” and...
US, South Korea

White House Expresses Relief as South Korea Ends Decades of Martial Law, Paving Way for Democratic Reforms

The United States has expressed relief following South Korean President Yoon Suk Yeol’s decision to rescind his unexpected declaration of emergency martial law, according to an anonymous statement by a White House National Security Council spokesperson on Tuesday. The decision,...
Jeju Island, South Korea

38 Vietnamese Tourists Disappear in Jeju: Immigration and Authorities on High Alert

A group of 38 Vietnamese tourists who entered Jeju Island under the visa waiver program has been reported missing after failing to board their return flight, according to local tourism authorities on Tuesday. Their disappearance has raised concerns about potential...
US aircraft carrier USS Ronald Reagan is escorted into Busan Naval Base in Busan, South Korea.

Seoul Accuses Chinese Student of Surveillance on U.S. Aircraft Carrier in Busan, Links to CCP Loyalty Disclosed

South Korean intelligence authorities have revealed that one of three Chinese students under investigation for illegally filming a U.S. aircraft carrier was previously honored as a model Communist Party member. This revelation has intensified suspicions of Chinese intelligence agency involvement...
China Chip Industry

U.S. Tightens Sanctions on China’s Chip Industry: Implications for Korean and Global Manufacturers

The United States has introduced sweeping new sanctions targeting China’s chip industry, escalating its technological rivalry with Beijing. Announced on Monday by the U.S. Department of Commerce's Bureau of Industry and Security (BIS), these measures focus on advanced semiconductor technologies,...
Russian Defence Minister Andrei Belousov-North Korean leader Kim Jong Un

North Korea and Russian Defense Minister Seek Closer Military Ties to Counter U.S. Influence

Russian Defence Minister Andrei Belousov met with North Korean leader Kim Jong Un to discuss bolstering military cooperation between their two countries. The meeting, which took place on Friday, Nov. 29, was highlighted in a statement by North Korea's state...
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