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Analysis

Loan scandal at Woori Bank highlights systemic issues in ROK financial sector
Analysis

Loan scandal at Woori Bank highlights systemic issues in ROK financial sector

Weak internal controls and concentrated power spark concerns over stability and regulatory effectiveness

Loan scandal at Woori Bank highlights systemic issues in ROK financial sector
John LeeJohn Lee August 12, 2024
South Korea confronts underpriced stock market, but shirks chaebol reform
Analysis

South Korea confronts underpriced stock market, but shirks chaebol reform

Seoul is relying on voluntary measures to tackle Korea Discount, even as weak corporate governance plagues investors

South Korea confronts underpriced stock market, but shirks chaebol reform
John LeeJohn Lee August 9, 2024
South Korea grapples with how to update Cold War spy laws as espionage evolves
Analysis

South Korea grapples with how to update Cold War spy laws as espionage evolves

Proposed changes aim to address modern threats but risk stifling business activity and infringing on freedoms

South Korea grapples with how to update Cold War spy laws as espionage evolves
Jeongmin KimJeongmin Kim August 8, 2024
How South Korea’s tax overhaul could exacerbate sky-high real estate prices
Analysis

How South Korea’s tax overhaul could exacerbate sky-high real estate prices

First major tax change in decades risks increasing housing inequality and economic volatility by cutting inheritance tax

How South Korea’s tax overhaul could exacerbate sky-high real estate prices
John LeeJohn Lee August 7, 2024
Seoul and Tokyo boost defense ties, but remain vulnerable to political winds
Analysis

Seoul and Tokyo boost defense ties, but remain vulnerable to political winds

New deal to bolster military cooperation falls short of treaty and could collapse with leadership change, experts warn

Seoul and Tokyo boost defense ties, but remain vulnerable to political winds
Joon Ha ParkJoon Ha Park August 6, 2024
Overseas Korean adoptees struggle for answers in the face of red tape
Analysis

Overseas Korean adoptees struggle for answers in the face of red tape

Bureaucratic inconsistencies and societal barriers complicate the path to truth for many Korean adoptees

Overseas Korean adoptees struggle for answers in the face of red tape
Jack GreenbergJack Greenberg August 5, 2024
Why South Korea is reviving the first lady’s office after proudly abolishing it
Analysis

Why South Korea is reviving the first lady’s office after proudly abolishing it

Reinstating the Second Annex Office risks hypocrisy accusations but may mitigate political fallout

Why South Korea is reviving the first lady’s office after proudly abolishing it
Jeongmin KimJeongmin Kim August 2, 2024
South Korea braces for economic turbulence following Japan’s interest rate hike
Analysis

South Korea braces for economic turbulence following Japan’s interest rate hike

The Bank of Japan’s unexpected rate hike could trigger currency volatility and capital outflows from the ROK

South Korea braces for economic turbulence following Japan’s interest rate hike
John LeeJohn Lee August 1, 2024
South Korea’s media independence hangs in the balance amid political battles
Analysis

South Korea’s media independence hangs in the balance amid political battles

Experts warn that the battle for media control threatens democratic principles and erodes public trust in institutions

South Korea’s media independence hangs in the balance amid political battles
Joon Ha ParkJoon Ha Park July 31, 2024
Liquidity crisis prompts $404 million in government aid for South Korean SMEs
Analysis

Liquidity crisis prompts $404 million in government aid for South Korean SMEs

Move addresses impact of unpaid sales proceeds from Wemakerprice and TMON but carries economic and regulatory risks

Liquidity crisis prompts $404 million in government aid for South Korean SMEs
John LeeJohn Lee July 30, 2024
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