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Tag: South Korea

Posted on June 4, 2025

OECD revises down S. Korea’s 2025 growth outlook to 1 pct from 1.5 pct

The Organization for Economic Cooperation and Development (OECD) has downgraded its forecast for South Korea’s economic growth in 2025 by 0.5 percentage point from its previous estimate to 1 percent, …
Posted on June 3, 2025

Factbox-Legal Challenges Facing South Korea’s Incoming President Lee Jae-Myung

SEOUL (Reuters) -South Koreans voted in Lee Jae-myung as their next president in the country’s June 3 snap election to heal the wounds of a shock martial law declaration in December, but the liberal …

( read original story …)



Posted on June 3, 2025

South Korea’s opposition leader Lee wins election as ruling party’s Kim concedes

Opposition leader Lee Jae-myung is on course to be South Korea’s next president following a snap election on Tuesday, after an exit poll showed him ahead and his main rival conceded defeat.

( read original story …)



Posted on June 3, 2025

South Korea’s New Leader Lee Has Lived a Turbulent Life. Now, Big Challenges Await Him

His turbulent life climaxed on Wednesday, as Lee, 60, the candidate of the main liberal Democratic Party, was confirmed as South Korea’s new president to succeed his conservative archrival Yoon Suk …
Posted on June 3, 2025

South Korea’s new leader to seek more time for US trade talks

The new South Korean administration will likely make efforts to buy time for U.S. trade talks, as it studies the negotiations of bigger neighbours Japan and China for leverage, according to sources …
Posted on June 3, 2025

Opposition’s Lee Jae-myung wins South Korean election after months of martial law chaos

Kim Moon-soo’s concession means Democratic Party candidate Lee Jae-myung has won the election to be South Korea’s next leader. In a speech just concluded, Lee vowed to restore the country’s economy …
Posted on June 3, 2025

Outspoken liberal leader Lee elected South Korea’s president, closing period of political tumult

SEOUL, South Korea — SEOUL, South Korea (AP) — Lee Jae-myung, who rose from childhood poverty to become South Korea’s leading liberal politician vowing to fight inequality and corruption, will become …
Posted on June 3, 2025

Why the Philippines may miss out on a potential new wave of foreign investments

Japan, South Korea, and the Chinese-Filipino community have raised concerns with the Marcos administration regarding kidnappings, robberies, and other crimes …
Posted on June 3, 2025

China alarms US ally in disputed waters

China and South Korea have established a provisional measures zone in the Yellow Sea, where their exclusive economic zones overlap.
Posted on June 3, 2025

The first task facing South Korea’s next leader: Handling Trump

When South Koreans elect a president Tuesday, it will end months of domestic political turmoil — but their choice could change their relationship with the U.S.

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