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Tag: South Korea

Posted on January 9, 2025

As South Korea’s impeached president Yoon awaits fate, his party sees signs of revival

A prolonged period of uncertainty over the fate of impeached South Korean President Yoon Suk Yeol and the botched attempt to arrest him are giving oxygen to his backers and reviving support for his …
Posted on January 9, 2025

Lawyer for South Korea’s Yoon says impeached president in official residence

Yoon Kab-keun, one of the lawyers representing South Korea’s impeached President Yoon Suk Yeol, said on Thursday that Yoon was staying in his official residence. The lawyer made the comment in a briefing to reporters following recent speculation over the suspended president’s whereabouts.
Posted on January 9, 2025

‘Stop the Steal’ in South Korea? Why MAGA-like hats and slogans are part of President Yoon’s impeachment drama

Crowds of people wrapped up against the bitter January cold clutch signs emblazoned with the slogan “Stop the Steal,” wave US flags, and don red MAGA-like hats.
Posted on January 8, 2025

South Korean anti-corruption agency asks police to arrest impeached President Yoon

With the arrest warrant for impeached President Yoon Suk Yeol expiring on Monday, the South Korean anti-corruption agency asked police to detain the embattled leader.

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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 …

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