SEOUL, Sept. 1 (Korea Bizwire) — Air Force Lt. Gen. Jin Yong-sung has been tapped to lead South Korea’s Joint Chiefs of Staff (JCS), the defense ministry said Monday, in the first major military reshuffle under the Lee Jae Myung government. Jin, who has led the Strategic Command as its inaugural chief, was promoted to [...]
SEOUL, Aug. 29 (Korea Bizwire) — The presidential office said Friday it has been considering dismissing the chief of the Korea Communications Commission (KCC), Lee Jin-sook, from her duties over allegations she violated political neutrality. Presidential spokesperson Kang Yu-jung said the state auditor, the Board of Audit and Inspection, concluded in July that Lee breached [...]
WASHINGTON, Aug. 26 (Korea Bizwire) — President Lee Jae-myung of South Korea arrived at the White House this week intent on forging personal chemistry with President Donald J. Trump. Over lunch, they swapped stories about surviving assassination threats; at the cameras, they traded quips about building golf courses and Trump Towers in North Korea. But beneath the [...]
WASHINGTON, Aug. 26 (Korea Bizwire) — When President Donald J. Trump sat down with South Korean President Lee Jae-myung at the White House on Monday, it did not take long for old ambitions to resurface. Amid the pleasantries of their first summit since Mr. Lee took office in June, Mr. Trump signaled a desire to revive a [...]
SEOUL, Aug. 26 (Korea Bizwire) — President Donald J. Trump suggested this week that the United States should seek ownership of land hosting American military bases in South Korea, a remark that unsettled officials in Seoul and fueled concerns that his brand of “new expansionism” could complicate the alliance. During a summit with South Korean President [...]
SEOUL, Aug. 26 (Korea Bizwire) — The Police Bureau set up under the Ministry of the Interior and Safety three years ago amid the controversy over political neutrality of police was officially abolished on Tuesday after a revised ordinance on its abolition took effect earlier in the day. The ministry removed the signboard of the [...]
WASHINGTON & SEOUL, Aug. 26 (Korea Bizwire) — When President Lee Jae Myung sat down for his first summit with Donald J. Trump on Monday, the mood could hardly have been more precarious. Hours earlier, Mr. Trump had taken to Truth Social to suggest that South Korea was undergoing something like a “purge or revolution,” [...]
WASHINGTON, Aug. 24 (Korea Bizwire) – President Lee Jae Myung said Sunday that it is difficult to agree on a demand by Washington on the strategic flexibility of the U.S. forces stationed in South Korea, as the decades-old alliance between Seoul and Washington is expected to face a monumental change, possibly to better deter China. [...]
SEOUL, Aug. 24 (Korea Bizwire) — South Korea’s business community reacted with alarm on Sunday after the National Assembly, led by the Democratic Party, passed the so-called Yellow Envelope Law, a sweeping revision to labor legislation that broadens the definition of strikes and limits corporate damage claims against workers. Six of the country’s largest business lobbies [...]
SEOUL, Aug. 24 (Korea Bizwire) — As South Korea’s ruling party presses ahead with the passage of the so-called Yellow Envelope Law, one of the country’s most prominent foreign manufacturers, GM Korea, has urged the government to reconsider, warning that its Korean operations could face a reassessment by Detroit headquarters. At a closed-door meeting convened [...]