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Tag: South Korea

Posted on December 22, 2024

Rival protests over South Korea’s impeached President Yoon held in Seoul

Demonstrators supporting and opposing South Korean President Yoon Suk Yeol held rival protests several hundred metres apart in Seoul on Saturday, a week after he was impeached over his short-lived declaration of martial law.
Posted on December 20, 2024

Why South Korea’s Political Chaos Is Putting 2025 At Grave Risk

The political mess South Korea’s Yoon Suk Yeol created is one modern history’s worst self-inflicted economic wounds.
Posted on December 20, 2024

South Korea extends ETA waiver for Singaporean travellers by 1 year

SINGAPORE: South Korea has extended its electronic travel authorisation (ETA) waiver for visa-exempt travellers from 22 countries, including Singapore. In a notice that was published on its website on Dec 11,
Posted on December 20, 2024

Political turmoil in South Korea hits already-slowing economy, puts damper on year-end festivities

“We prepared a lot in anticipation of better year-end business, but after the state of emergency was declared on Dec 3, cancellations increased significantly.” This comes during what is usually one of …
Posted on December 20, 2024

South Korea waives ETA requirement for Singaporean travellers until end-2025

Those planning trips to South Korea in the coming year will now have one less thing to worry about. Singaporeans, alongside nationals of 21 other countries and regions, will remain exempt from South …
Posted on December 20, 2024

South Korean won hits 15-year low as hawkish Fed, domestic politics weigh

The South Korean won dropped to its weakest level in 15 years on Thursday, weighed down by risk-averse sentiment sparked by the U.S. Federal Reserve’s cautious stance on more interest rate cuts, on …
Posted on December 19, 2024

South Korea offers Equinor floating wind power contract

Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
Posted on December 19, 2024

South Korea offers Equinor floating wind power contract

Norwegian energy company Equinor has received an offer from the South Korean government for a fixed-price power purchase agreement for a 750-megawatt (MW) floating offshore wind project, the company …
Posted on December 19, 2024

Woori Financial: Korea’s Households Are Overlevered And Delinquencies Are Rising

Read here for an analysis of financial risks in South Korea, focusing on low valuations of KB and Woori banks and underlying economic and social unrest.
Posted on December 19, 2024

South Korea’s allies cheered Yoon’s foreign policy, ignored domestic discord

A focus on a foreign policy seen as favourable to the West, limited attention on the political discord in South Korea, and a hesitation to be seen interfering in domestic matters, left its partners blindsided.

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