War, weak growth, and policy uncertainty around Trump’s return already threaten the Korean economy. An extended political crisis will make things worse.
Yoon Suk Yeol this week became South Korea’s first sitting president to be detained. The Seoul Detention Center is a far cry from his official residence.
South Korea looks set for a dramatic political showdown this week as impeachment proceedings kick off against suspended President Yoon Suk Yeol, who remains holed up in his fortified residence evading arrest for a separate criminal investigation.
Seoul (Reuters) - Investigators found bird feathers and blood in the two engines of the Boeing jet that crashed in South Korea on Dec. 29, a person familiar with the probe told Reuters on Friday.
Trump defense secretary nominee Pete Hesgeth ruffled feathers in S. Korea with his written statement to the Senate panel overseeing his confirmation
South Korea's central bank unexpectedly left its policy interest rate unchanged on Thursday, weighing the impact of its back-to-back rate cuts last year while supporting the won which weakened to a 15-year low versus the U.
South Korea is interested in importing more U.S. oil and gas to diversify energy sources and ensure stable supplies given the tensions in the Middle East, South Korea's energy minister Ahn Duk-geun said on Thursday.
South Korea's impeached President Yoon Suk Yeol attended a court hearing on Saturday to fight a request by investigators to extend his detention on accusations of insurrection, his lawyer said. Yoon on Wednesday became the country's first sitting president to be arrested,
FILE PHOTO: Police officers and investigators of the Corruption Investigation Office for High-ranking Officials leave the official residence of impeached South Korean President Yoon Suk Yeol, following his arrest, in Seoul, South Korea, January 15, 2025. REUTERS/Kim Hong-Ji/File Photo
Authorities detained the impeached Yoon Suk Yeol, a move some say prolongs the divisions that have racked South Korea since he declared martial law last month.
Recently suspended South Korean president Yoon Suk Yeol was arrested early Wednesday by the country's Corruption Investigation Office for High-ranking Officials, ending a political standoff triggered by Yoon's short-lived decision to impose martial law last month.