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
December 4, 2024
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
December 3, 2024
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
December 2, 2024
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
November 29, 2024
South Korean third-quarter birthrate rebounds after over a decade of slowdown
Pandemic-delayed marriages and shifting social attitudes likely driving the trend
November 28, 2024
South Korea’s economic vulnerability rises amid worsening business confidence
Trade dependence spikes as business outlook hits historic lows amid US President-elect Trump's tariff plans
November 27, 2024
Seoul court acquits opposition leader Lee of perjury solicitation charges
Democratic Party leader cleared of charges on pressuring witness, although he faces more major trials ahead
November 26, 2024
South Korea weighs fiscal U-turn as Yoon’s term hits halfway mark
Seoul’s mixed messaging on supplementary budget highlights internal debate over abandoning fiscal conservatism
November 25, 2024
Espionage threats continue to undermine South Korea’s edge in hi-tech sectors
Leaks to China and reported smuggling incidents could harm Seoul’s R&D reputation and international collaborations
November 22, 2024
IMF slashes South Korea’s growth outlook citing external uncertainties
Semiconductor gains can’t offset weak demand and risks from Trump’s tariffs and defense cost-sharing renegotiations
November 21, 2024
