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S.KOREA

  • POLITICS
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  • Moderate Joo out as PPP race splits over impeachment

  • The People Power Party (PPP) has confirmed its four finalists for the August 22 leadership election: Kim Moon-soo, Ahn Cheol-soo, Jang Dong-hyuk, and Cho K..
  • Lee vows to boost Korea–Vietnam trade to $150 billion by 2030

  • President Lee Jae-myung said on August 7 that South Korea and Vietnam will work together to achieve their shared goal of raising bilateral trade to $150 bi..
  • Presidential office reviewing legal sanctions against POSCO E&C

  • The presidential office stated on August 7 that it is currently reviewing legal measures against POSCO E&C following a string of fatal industrial accid..
  • Lee designates 36 more areas as special disaster zones after torrential rains

  • President Lee Jae-myung on August 6 officially designated 36 additional areas — including Asan in South Chungcheong Province and Buk-gu in Gwangju — as spe..
  • Alliance modernization looms over upcoming Korea-US summit, testing Seoul-Beijing relations

  • As the Korea-US summit expected later this month approaches, “alliance modernization” has emerged as the central issue, raising concerns over its implicati..
  • President Lee marks 80th anniversary of Hiroshima bombing

  • On August 5, a day before the 80th anniversary of the Hiroshima atomic bombing, President Lee Jae-myung offered condolences to Korean victims and their fam..
  • Democratic Party lawmaker Lee Chun-seok resigns over stock trading scandal

  • Lee Chun-seok, a lawmaker of the Democratic Party of Korea, withdrew from the party on August 5 amid allegations of illicit stock trading under borrowed na..
  • Presidential office denies requesting review of stock transfer tax

  • The presidential office on August 5 dismissed reports that it had requested a review of the capital gains tax threshold for major shareholders. At a p..
  • Ruling party pushes broadcast reform bills; opposition launches filibuster

  • The ruling and opposition parties clashed on August 4 over contentious legislation as the Democratic Party (DP) moved to bring the so-called “Labor, Broadc..
  • USTR: ‘Tariff rates nearly set’ as NYT warns revenue reliance could persist

  • U.S. Trade Representative (USTR) Jamieson Greer said on August 3 that reciprocal tariff rates, set to take effect on August 7, are "virtually finalized," i..
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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