South Korea’s former first lady Kim Keon-hee has reportedly been hospitalised in Seoul with severe depression as pressure mounts from a sweeping special counsel inquiry into scandals linked to her alleged misconduct – including stock manipulation, bribery and election interference – during her husband’s presidency. Kim, wife of impeached former president Yoon Suk-yeol, was admitted […]
Read MoreSouth Korea’s military said on Wednesday it had suspended loudspeaker broadcasts near the border targeting North Korea, nearly a year after resuming the propaganda and K-pop blasts during a time of growing tension with its neighbour. The step makes good on a promise by President Lee Jae-myung, who took office this month vowing to resume […]
Read MoreSouth Korea’s new liberal President Lee Jae-myung pledged on Wednesday to raise the country from the near destruction caused by a martial law attempt and revive an economy besieged by global protectionism that is threatening its very existence. Lee’s decisive victory in Tuesday’s snap election stands to usher in a sea change in Asia’s fourth-largest […]
Read MoreThe new South Korean administration will likely make efforts to buy time for US trade talks, as it studies the negotiations of bigger neighbours Japan and China for leverage, according to sources familiar with the ruling party’s thinking. President Lee Jae-myung, who took office hours after winning the June 3 snap presidential election without a […]
Read MoreSouth Korea’s Industry Ministry said on Monday it will respond to the looming 50% US tariff on steel products as part of its trade discussions with Washington in order to minimise the impact on industry. US President Donald Trump said on Friday he planned to increase tariffs on imported steel and aluminum to 50% from […]
Read MoreSouth Korea’s liberal frontrunner for president Lee Jae-myung was leading his main conservative rival Kim Moon-soo by more than 10 percentage points in an opinion poll issued on Tuesday, though the race had tightened a week ahead of the election. The deeply polarised country holds a snap election on June 3 to pick a successor […]
Read MoreTessa Wong BBC News South Korea’s constitutional court has dismissed the impeachment of Prime Minister Han Duck-soo, reinstating him as the country’s acting president. Han took over as acting leader last December when President Yoon Suk Yeol was suspended from duties and impeached by parliament after he attempted to declare martial law. However, Han only […]
Read MoreThe Ulchi Freedom Shield exercises, set to run from Aug. 19 to 29, come as North Korea continues to develop its nuclear and missile programmes and tries to launch reconnaissance satellites. South Korea and the United States will begin annual summertime military drills next week to ramp up their capability to counter North Korea’s weapons […]
Read MoreSEOUL, July 25 (Reuters) – South Korea on Thursday proposed tax cuts as part of its broader push to boost the domestic stock market and tackle a falling birth rate, which is the world’s lowest. Among measures to beef up the “Corporate Value-up Programme” introduced in February, the finance ministry said it would lower inheritance […]
Read MoreSouth Korea’s supreme court on Thursday upheld a ruling that a same-sex partner was eligible to spousal benefits from state health insurance, in a move hailed as a win for LGBTQ rights in a country that has lagged other jurisdictions in the region. The decision upheld a landmark decision by the Seoul High Court early […]
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