South Korean Opposition Leader Lee Jae-myung Convicted of Election Law Violation

South Korean Opposition Leader Lee Jae-myung Convicted of Election Law Violation

Lee Jae-myung, leader of South Korea’s main opposition Democratic Party, was convicted on Friday of violating election laws, receiving a one-year prison sentence suspended for two years. The ruling has significant implications for Lee’s political future, with potential consequences extending...
LG Display

LG Display Secures $1 Billion Investment License in Vietnam to Expand OLED Production in Haiphong

In a landmark move set to deepen economic ties between Vietnam and South Korea, LG Display has been granted an investment license by Vietnamese authorities to increase its investment in the Haiphong Economic Zone by $1 billion. This new inflow...
US department of the treasury

US Treasury Adds South Korea to Currency Monitoring List, Maintains Close Watch on China, Japan, and Germany

The U.S. Department of the Treasury has added South Korea to its "monitoring list" of trading partners, scrutinizing their foreign exchange practices amid broader concerns regarding currency manipulation and international trade fairness. This latest move comes as part of the...
South Korean Navy Reaches New Milestone with First Flight of Gray Eagle STOL Drone from ROKS Dokdo

South Korean Navy Reaches New Milestone with First Flight of Gray Eagle STOL Drone from ROKS Dokdo

The South Korean Navy successfully conducted the first flight of a Gray Eagle STOL (Short Take-Off and Landing) drone from a naval vessel, marking a significant milestone in drone technology deployment for maritime defense. The drone, developed by General Atomics...
Yoon Suk Yeol, South Korea President

South Korean President Yoon Suk Yeol’s Return to Golf Marks a Strategic Move Amid Upcoming Trump Meetings

South Korean President Yoon Suk Yeol recently dusted off his golf clubs and made a surprising return to the sport after an eight-year hiatus, a decision seemingly made to strengthen his rapport with U.S. President-elect Donald Trump. Yoon’s office confirmed...
Korea Zinc

Korea Zinc Weighs $1.8 Billion Share Sale Amid Shareholder Tensions and Regulatory Concerns

Korea Zinc Co., the world’s largest refined zinc producer, announced Tuesday that it is carefully reconsidering a controversial $1.8 billion share sale plan. The plan, which initially surprised the market and sparked significant backlash from both regulators and investors, remains...
Donald Trump

Donald Trump Secures Presidency Again: New Term Sparks Uncertainty in US-South Korea Relations

In a historic twist of political fate, former President Donald Trump has reclaimed the US presidency in the 2024 election, this time with a majority in the popular vote and a Congress inclined to support his policy directions. Trump’s return...
Korean Demilitarized Zone (DMZ)

North Korea GPS Jamming Sparks Tensions with South Korea Amid Ongoing Missile Tests and Support for Russia

North Korea staged GPS jamming attacks on November 8 and 9, disrupting the navigation systems of several vessels and dozens of civilian aircraft operating in South Korean airspace. According to South Korea's Joint Chiefs of Staff, the electronic warfare operation...
cybersecurity

Surge in Cyber Attacks by Pro-Russian Hackers on South Korea Linked to North Korea’s Troop Deployment to Russia

Cyber attacks against South Korea have intensified following North Korea’s deployment of troops to Russia in support of Moscow’s war efforts in Ukraine, according to South Korea’s presidential office. On Friday, an emergency security meeting was held in Seoul after...
Asian Financial Markets

Asian Markets Surge Following US Fed Rate Cut; Investors Eye China’s Fiscal Moves

Asian equities saw a broad rally Friday, with stocks across Australia, Japan, South Korea, and China all advancing in response to a strong performance across US markets and a recent interest rate cut by the Federal Reserve. Following the Fed’s...
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