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Tag: South Korea

Posted on June 5, 2025

Philippines orders 12 more FA-50 combat jets from South Korea

Manila has actively purchased frigates, corvettes, aircraft and weapons from South Korean defense firms to modernize its armed forces.
Posted on June 4, 2025

Who is Lee Jae Myung? South Korea’s new president and his rags to riches story

Lee Jae-myung has ascended to South Korea’s presidency following Yoon Suk Yeol’s impeachment. Lee, a Democratic Party figure, gained prominence during the political turmoil, even physically …

( read original story …)



Posted on June 4, 2025

Foreign investors likely to see South Korea’s new leader as pro-business: Expert

Peter Kim of KB Financial Group talks about what new South Korean president Lee Jae-Myung’s labor policies could look like, and why they are critical for the country’s productivity.
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 …

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