WASHINGTON, Dec. 3 (Korea Bizwire) — South Korea and the United States have put off key nuclear deterrence talks and a related exercise originally set to take place in Washington this week, a Pentagon spokesperson said Tuesday, after South Korean President Yoon Suk Yeol’s short-lived declaration of emergency martial law. Seoul and Washington had planned [...]
SEOUL, Dec. 4 (Korea Bizwire) — Senior aides of President Yoon Suk Yeol, including his chief of staff, offered to resign en masse Wednesday, the presidential office said, after the National Assembly blocked Yoon’s surprise declaration of martial law. They include Chung Jin-suk, the presidential chief of staff; National Security Adviser Shin Won-sik; and Sung [...]
SEOUL, Dec. 4 (Korea Bizwire) — Major South Korean conglomerates kept busy Wednesday trying to evaluate their business conditions amid uncertainties in the wake of a short-lived declaration of emergency martial law that sent ripples through the financial market. Key players in the business sector, including Samsung Group, SK Group and LG Group, held emergency [...]
SEOUL, Dec. 4 (Korea Bizwire) — Civic groups gathered in Gwanghwamun Square in Seoul on Wednesday to denounce President Yoon Suk Yeol’s short-lived declaration of martial law and demand the impeachment of his administration. Members of the Korean Confederation of Trade Unions, People’s Solidarity for Participatory Democracy and other civic groups held a press conference [...]
WASHINGTON, Dec. 3 (Korea Bizwire) — South Korean President Yoon Suk Yeol’s short-lived declaration of martial law appeared to have taken the United States aback, pushing its officials to ensure the alliance with the long-trusted Asian ally is “ironclad” while voicing hope for a “peaceful” resolution. After Yoon made the surprise declaration of emergency martial [...]
SEOUL, Dec. 4 (Korea Bizwire) — South Korea’s top general on Wednesday ordered the military to focus on its duty of protecting the public after the National Assembly voted to reject President Yoon Suk Yeol’s declaration of martial law. Joint Chiefs of Staff (JCS) Chairman Adm. Kim Myung-soo made the remark in an emergency meeting [...]
SEOUL, Dec. 4 (Korea Bizwire) — The South Korean champions Ulsan HD FC will be in Pot 3 in this week’s draw for the upcoming FIFA Club World Cup, along with clubs from Africa, the North, Central America and Caribbean region and South America. FIFA announced procedures for the expanded Club World Cup on Wednesday, [...]
SEOUL, Dec. 4 (Korea Bizwire) – South Korea’s private universities, including major institutions in Seoul, are grappling with mounting financial difficulties due to shrinking student populations and frozen tuition fees. An alarming analysis presented at a National Assembly forum on December 3 revealed that eight out of ten leading private universities in Seoul are operating [...]
SEOUL, Dec. 4 (Korea Bizwire) – In a groundbreaking development, South Korea’s Aerospace Agency, in collaboration with the Electronics and Telecommunications Research Institute (ETRI), showcased a pioneering drone platform that integrates data, networks, and artificial intelligence (DNA) for real-time search and rescue operations. At a demonstration in Daejeon on December 3, the platform, powered by [...]
SEOUL, Dec. 4 (Korea Bizwire) – SK Bioscience has prevailed in an appellate court ruling against Pfizer’s subsidiary, Wyeth LLC, in a patent infringement lawsuit concerning the export of pneumococcal vaccine components to Russia. The Patent Court of Korea overturned a lower court decision, ruling that SK Bioscience’s supply of the 13-valent pneumococcal conjugate vaccine [...]