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Tag: South Korea

Posted on December 10, 2024

South Korea’s Parliament Approves 2025 Government Budget With Cuts

SEOUL (Reuters) – South Korea’s opposition-controlled parliament on Tuesday approved a government budget of 673.3 trillion won ($470.64 billion) for 2025, cut from 677.4 trillion won proposed by the government. Copyright 2024 Thomson Reuters.
Posted on December 10, 2024

K-pop light sticks fire up Yoon’s impeachment protests in South Korea

While South Korean protesters have long employed songs, dances and chants, customised light sticks popular with K-pop fans have emerged as an effective new tool for demonstrators calling for the impeachment of President Yoon Suk Yeol.
Posted on December 10, 2024

FirstFT: Syrian rebels seek to solidify control after toppling Assad

Also in this newsletter, South Korean president banned from leaving the country, and India appoints new central bank governor …
Posted on December 10, 2024

FirstFT: Syrian rebels seek to solidify control after toppling Assad

Also in this newsletter, South Korean president banned from leaving the country, and India appoints new central bank governor …
Posted on December 10, 2024

From budgets to diplomacy, South Korea reels from martial law fallout as Trump looms

From trade and diplomacy to markets and budgets, South Korea struggled to contain the fallout from the president’s brief but shocking martial law attempt last week, just as the country navigates an …
Posted on December 9, 2024

Analysis-From budgets to diplomacy, South Korea reels from martial law fallout as Trump looms

By Ju-min Park, Hyunjoo Jin, Cynthia Kim and Joyce Lee SEOUL (Reuters) – From trade and diplomacy to markets and budgets, South Korea struggled to contain the fallout from the president’s brief but …
Posted on December 9, 2024

With the US caught off guard, Kim Jong Un may be about to capitalize on South Korea’s turmoil

North Korea has long sought to exploit domestic chaos in South Korea.
Posted on December 9, 2024

Iran’s Bank Mellat Takes Bank of Korea to Court Over Alleged $69M Loss

Iran’s Bank Mellat has filed a lawsuit against the Bank of Korea (BOK), South Korea’s central bank, claiming damages of 100 billion won (approximately $69.87 million). The dispute stems from an …
Posted on December 9, 2024

Yoon still controls military, says South Korea as leadership crisis deepens

While Yoon survived an impeachment vote in parliament on Saturday, his party’s decision to delegate presidential authority to the prime minister has plunged the nation into a constitutional crisis …
Posted on December 9, 2024

FirstFT: Assad flees Syria for Moscow after regime toppled

Also in this newsletter, South Korean president faces treason investigation, and ByteDance takes lead in China’s AI race …

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