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Tag: South Korea

Posted on January 8, 2025

North Korea’s Russia Alliance and Missiles Are a Big Problem for Trump and Allies

North Korea fired a shot across the stern of the outgoing Biden administration by launching a missile during Secretary of State Antony Blinken’s visit to South Korea. Blinken was in Seoul to affirm U.
Posted on January 8, 2025

South Korea factory activity shrinks in Dec 2024 as firms turn pessimistic

SEOUL – South Korea’s factory activity contracted in December 2024, with manufacturers’ sentiment turning pessimistic for the first time since mid-2020 due to uncertainty over US trade policy and …
Posted on January 8, 2025

South Korea’s LG Electronics records increase in revenue for 2024

The South Korean consumer electronics company LG Electronics on Wednesday reported a preliminary revenue of 87.74 trillion South Korean won ($60 billion) for 2024, an increase from the previous year’s …
Posted on January 8, 2025

Alarm for investors as Mohegan Gaming defaults on South Korea loan

Mohegan Gaming faces a liquidity crunch that could threaten its future as a “going concern”. The crisis is related to its new South Korea IR.

( read original story …)



Posted on January 7, 2025

Late Industrialization, Tradition, and Social Change in South Korea

As South Korea underwent rapid industrialization in the 1960s and 1970s, traditional social ties—what Ha and others call neo-familism—became more rather than less important, contrary to what classic modernization theory would have predicted. Ha argues …
Posted on January 7, 2025

South Korea says North Korea fired a ballistic missile into the sea

North Korea on Monday fired a ballistic missile that flew 1,100 kilometers (685 miles) before landing in waters between the Korean Peninsula and Japan, South Korea’s military said, extending its …
Posted on January 7, 2025

What to know about the siege outside South Korea’s presidential compound

A standoff between rival government forces outside the presidential compound in South Korea is a startling development, even for observers used to the country’s famously rough and tumble politics …
Posted on January 7, 2025

Strength of South Korea democracy tested as president defies arrest

Protesters have thronged the official residence of impeached President Yoon Suk Yeol, where officials trying to arrest him were blocked by security guards.
Posted on January 7, 2025

In South Korea, Blinken Affirms Alliance Amid Challenges Facing Democracies

The U.S. secretary of state aimed to show that his country stood by South Korea as it grapples with a political crisis, and as Donald J. Trump returns to power.
Posted on January 7, 2025

What you need to know about the attempt to arrest South Korea’s Yoon

Lawyers of impeached South Korean President Yoon Suk Yeol and the Corruption Investigation Office for High-Ranking Officials (CIO) probing his short-lived martial law decree on Dec. 3 are at odds over …

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