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Ruling Party Chief Says U.S. Policy on N. Korea Remains Too ‘Vague’

Ruling Party Chief Says U.S. Policy on N. Korea Remains Too ‘Vague’

WASHINGTON, Sept. 19 (Korea Bizwire) — The United States must not return to the so-called strategic patience when dealing with North Korea, the head of South Korea’s ruling Democratic Party said Sunday, also arguing the Joe Biden administration’s policy on the North may be too “vague.” Rep. Song Young-gil insisted the North Korean nuclear issue [...]

Ruling Party Kicks Off 41-day Nationwide Primary Voting to Pick Presidential Candidate

Ruling Party Kicks Off 41-day Nationwide Primary Voting to Pick Presidential Candidate

SEOUL, Aug. 31 (Korea Bizwire) — The ruling Democratic Party (DP) on Tuesday kicked off a 41-day nationwide voting process to choose its final candidate to run in next year’s presidential election, party officials said. The primary election voting on six DP presidential contenders started off on the inaugural leg of the central city of [...]

DP Lawmakers Withdraw Contentious Bill Banning Slander of Ex-wartime Sexual Slavery Victims

DP Lawmakers Withdraw Contentious Bill Banning Slander of Ex-wartime Sexual Slavery Victims

SEOUL, Aug. 28 (Korea Bizwire) — A group of ruling party lawmakers have withdrawn a controversial bill designed to curb slander of former wartime sexual slavery victims and their advocacy groups, in the face of strong criticism from opposition parties. According to a National Assembly website tracking legislative bills, the proposal to revise the act [...]

DP’s Presidential Hopefuls Launch Online Campaign in Metaverse Camp

DP’s Presidential Hopefuls Launch Online Campaign in Metaverse Camp

SEOUL, Aug. 22 (Korea Bizwire) — Six presidential hopefuls from the ruling Democratic Party (DP) have embarked on a collective online campaign following the opening ceremony of their metaverse camp last week. Metaverse, a combination of meta (meaning beyond) and verse (from universe), refers to a three-dimensional virtual shared world in which all activities can [...]

Speculations Swirl over Potential Amnesty for ex-President Park, Samsung Heir Lee

Speculations Swirl over Potential Amnesty for ex-President Park, Samsung Heir Lee

SEOUL, July 25 (Korea Bizwire) — Rumors that former President Park Geun-hye and Samsung Group heir Lee Jae-yong may receive presidential pardons or paroles are increasingly making the rounds in political circles as of late amid growing calls for amnesty for the two figures jailed over corruption-related charges. Such speculations are being circulated widely with [...]

Gyeonggi Governor Pledges to Distribute Universal Basic Income if Elected President

Gyeonggi Governor Pledges to Distribute Universal Basic Income if Elected President

SEOUL, July 22 (Korea Bizwire) — Gyeonggi Province Gov. Lee Jae-myung, the front-running presidential contender for the ruling Democratic Party, made a campaign pledge Thursday to distribute universal basic income of up to 2 million won (US$1,736) per year to all citizens. “Within the (five-year) term of the next administration, (I) will provide 2 million [...]

N.K. Hacking Group Breached S. Korean Nuclear Research Institute Last Month: Lawmaker

N.K. Hacking Group Breached S. Korean Nuclear Research Institute Last Month: Lawmaker

SEOUL, June 18 (Korea Bizwire) — South Korea’s state-run nuclear research institute’s computer network was breached by a North Korean cyber attack last month, an opposition lawmaker claimed Friday. According to Rep. Ha Tae-keung of the main opposition People Power Party, 13 external Internet Protocol (IP) addresses were found to have breached the internal network [...]

Local Startup Introduces Political Stock Exchange to Set Prices for Politicians

Local Startup Introduces Political Stock Exchange to Set Prices for Politicians

SEOUL, June 18 (Korea Bizwire) — A new service depicts the support rate of politicians as stock prices, allowing users to buy or sell them as they’d like. PoliGround, a local startup, said Thursday that it had launched a beta service of the same name. This service, a political stock exchange, lists politicians on a [...]