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Tag: South Korea

Posted on January 21, 2025

South Korea’s suspended president Yoon to attend impeachment hearing

SEOUL: South Korea’s impeached President Yoon Suk Yeol will appear for the first time Tuesday (Jan 21) at the Constitutional Court, his lawyer said, for hearings that will decide whether to remove him …
Posted on January 21, 2025

Supporters of South Korea’s Yoon storm courthouse. Some see hope in Trump’s return

As South Korean authorities extended President Yoon Suk Yeol’s detention, his supporters stormed the courthouse that issued the warrant, smashing windows with police shields.
Posted on January 21, 2025

South Korea Court Extends Yoon’s Detention, Protesters Storm Court

SEOUL (Reuters) – A South Korean court granted on Sunday an extension of President Yoon Suk Yeol’s detention, saying there was “concern” that Yoon could “destroy evidence” in a criminal probe related …
Posted on January 21, 2025

Foreign Office warning as travel guidance changed for popular destination

Foreign nationals are reminded that it’s illegal to participate in political activities while in South Korea, and they should heed local authority advice if they find themselves near any demonstrations or protests.
Posted on January 20, 2025

KT&G expands Turkey plant to boost sales

KT&G Corp., South Korea’s dominant tobacco company, has expanded its production facility in Turkey to boost its overseas sales. The expanded Turkey plant will serve as an export base for the North …
Posted on January 20, 2025

Factbox-Mugshot, khaki uniform and solitary cell for South Korea’s detained President Yoon

South Korea’s impeached President Yoon Suk Yeol has spent his first night incarcerated as a pre-trial inmate at the Seoul Detention Centre after a court issued a formal detention warrant on Sunday to hold him for up to 20 days.
Posted on January 20, 2025

South Korea cuts 2025 growth forecast over political crisis

SEOUL – South Korea’s central bank said on Jan 20 it had slashed its 2025 growth forecast because of the political crisis triggered by President Yoon Suk Yeol’s declaration of martial law last month.
Posted on January 20, 2025

Exports to slow in January due to fewer business days: trade minister

Trade Minister Cheong In-kyo said Monday that South Korea’s exports are anticipated to experience a slowdown this month due to a reduced number of business days as a result of the Lunar New Year …
Posted on January 20, 2025

S. Korea’s 2025 growth outlook to be slashed to 1.6-1.7 pct amid martial law crisis: BOK

The Bank of Korea (BOK) said Monday its outlook for South Korea’s economic growth this year may be lowered to as low as 1.6 percent due to a political crisis sparked by suspended President Yoon Suk …
Posted on January 20, 2025

S. Korea’s 2025 growth outlook to be slashed to 1.6-1.7 pct amid martial law crisis: BOK

The Bank of Korea (BOK) said Monday its outlook for South Korea’s economic growth this year may be lowered to as low as 1.6 percent due to a political crisis sparked by suspended President Yoon Suk …

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