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Briefings

South Korea’s finance ministry pledges liquidity measures to calm market fears
Briefings

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

South Korea’s finance ministry pledges liquidity measures to calm market fears
KOREA PROKOREA PRO December 11, 2024
South Korea holds supply chain talks with China amid domestic chaos
Briefings

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

South Korea holds supply chain talks with China amid domestic chaos
KOREA PROKOREA PRO December 10, 2024
Yoon becomes first sitting South Korean president under treason investigation
Briefings

Yoon becomes first sitting South Korean president under treason investigation

Unclear governance structure raises concerns over military control and economic stability

Yoon becomes first sitting South Korean president under treason investigation
KOREA PROKOREA PRO December 9, 2024
Yoon Suk-yeol avoids impeachment for now, but faces rising political instability
Briefings

Yoon Suk-yeol avoids impeachment for now, but faces rising political instability

Failed impeachment vote ensures prolonged conflict as opposition vows to retry amid public distrust of Yoon’s leadership

Yoon Suk-yeol avoids impeachment for now, but faces rising political instability
KOREA PROKOREA PRO December 7, 2024
South Korea’s defense minister resigns as martial law fallout escalates
Briefings

South Korea’s defense minister resigns as martial law fallout escalates

Kim Yong-hyun takes the blame for the crisis, but opposition calls for Yoon’s impeachment continue to grow

South Korea’s defense minister resigns as martial law fallout escalates
KOREA PROKOREA PRO December 6, 2024
Yoon’s inner circle crumbles as resignations shake South Korea’s presidency
Briefings

Yoon’s inner circle crumbles as resignations shake South Korea’s presidency

Senior officials offer to step down, leaving the president vulnerable to mounting political pressure

Yoon’s inner circle crumbles as resignations shake South Korea’s presidency
KOREA PROKOREA PRO December 5, 2024
South Korean lawmakers reject martial law hours after presidential declaration
Briefings

South Korean lawmakers reject martial law hours after presidential declaration

Yoon Suk-yeol faces political isolation as allies distance themselves and lawmakers call for impeachment and prosecution

South Korean lawmakers reject martial law hours after presidential declaration
KOREA PROKOREA PRO December 4, 2024
Speaker defers budget bill as South Korea’s Assembly polarization deepens
Briefings

Speaker defers budget bill as South Korea’s Assembly polarization deepens

Special activity fund cuts and impeachment motions compound tensions, delaying critical 2025 budget approval

Speaker defers budget bill as South Korea’s Assembly polarization deepens
KOREA PROKOREA PRO December 3, 2024
South Korea’s new missile defense system boosts autonomy and export potential
Briefings

South Korea’s new missile defense system boosts autonomy and export potential

New L-SAM system complements existing defenses, boosting Seoul’s autonomy amid US-China tensions

South Korea’s new missile defense system boosts autonomy and export potential
KOREA PROKOREA PRO December 2, 2024
Economic slowdown drives Bank of Korea to surprise second rate cut
Briefings

Economic slowdown drives Bank of Korea to surprise second rate cut

Lowered growth forecasts and global uncertainties push South Korea’s central bank to prioritize stimulus over stability

Economic slowdown drives Bank of Korea to surprise second rate cut
KOREA PROKOREA PRO November 29, 2024
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