Briefings
US court overturns ruling on South Korea’s electricity rates as subsidy
South Korea wins legal battle but must brace for trade policy changes under Trump’s second presidency
December 19, 2024
Han Duck-soo pushes for swift 2025 budget execution amid fiscal uncertainty
Acting president signals front-loaded spending to ease political and market volatility amid cuts to contingency reserves
December 18, 2024
South Korea pushes back against EU’s carbon border adjustment rules
Small businesses and supply chains face mounting challenges under new EU climate regulations set to launch in 2026
December 17, 2024
Acting President caught in crossfire between opposition and ruling parties
Veiled threats, opposition party’s demands and ruling party’s pressure leave Han Duck-soo in a precarious position
December 16, 2024
Yoon Suk-yeol impeached as South Korea plunges into political uncertainty
National Assembly votes to remove president after martial law fallout, with Constitutional Court set to decide his fate
December 14, 2024
Cho Kuk sentenced as impeachment threat against Yoon enters critical stage
Opposition remains intact after Cho’s removal, with impeachment proceedings likely to intensify political gridlock
December 13, 2024
Bank of Korea announces major reform to benchmark interest rates for 2025
The new system ties benchmarks to transaction-based rates, enhancing stability and aligning with global trends
December 12, 2024
South Korea’s finance ministry pledges liquidity measures to calm market fears
Opposition passes historic budget cuts, raising concerns over fiscal stability and investor confidence
December 11, 2024
South Korea holds supply chain talks with China amid domestic chaos
South Korea moves to protect critical supply chains amid China’s export controls on US-bound materials
December 10, 2024
Yoon becomes first sitting South Korean president under treason investigation
Unclear governance structure raises concerns over military control and economic stability
December 9, 2024
