SEOUL, Dec. 25 (Korea Bizwire) — A special pardon of former President Park Geun-hye stoked contrasting responses from political parties on Friday, as they began to gauge its impact on the upcoming presidential election. The government decided to grant a special New Year’s pardon to Park, currently serving a 22-year prison term for corruption, for [...]
SEOUL, Dec. 24 (Korea Bizwire) — South Korea’s government on Friday announced a special pardon for Park Geun-hye, the former president currently serving a 22-year prison term for corruption, saying that pardoning Park would help bolster national unity. Park has been serving a combined 22-year prison sentence since March 2017 after being impeached and removed [...]
SEOUL, Dec. 16 (Korea Bizwire) — A presidential candidate of the minor opposition party made a surprising appearance on Danggeun Market, a popular online secondhand marketplace. Ahn Cheol-soo, chief and the presidential candidate of the People’s Party, uploaded a post titled ‘Ahn Cheol-soo on sale’ after being authorized for transaction activity in Yeongdeungpo District, Seoul [...]
SEOUL, Dec. 14 (Korea Bizwire) — Amid concerns that the financial condition of the National Pension Service will continue to worsen at a faster pace, the presidential candidate of the minor opposition party pointed out the problem in the national pension’s investment strategy. During an internal meeting held at the National Assembly on Monday, Ahn [...]
SEOUL, Nov. 23 (Korea Bizwire) — Disgraced former President Chun Doo-hwan, an ex-Army general who seized power in a military coup in 1979, left a deep scar in South Korea’s modern history that has still not healed: the bloody crackdown on a pro-democracy civil uprising. Chun, who died Tuesday at the age of 90, never [...]
SEOUL, Nov. 23 (Korea Bizwire) — Former President Chun Doo-hwan, a general-turned strongman widely criticized for seizing power through a 1979 military coup and ruthlessly quelling a pro-democracy civil uprising in the southwestern city of Gwangju the following year, died Tuesday at the age of 90. Chun died at his home in western Seoul around [...]
SEOUL, Nov. 5 (Korea Bizwire) — Former Prosecutor General Yoon Seok-youl was named the presidential nominee of the main opposition People Power Party (PPP) on Friday in a move that pits the political novice championing the rule of law against a progressive politician seeking to extend the liberal rule in the election four months away. [...]
SEOUL, Nov. 5 (Korea Bizwire) — Yoon Seok-youl is a former prosecutor who was best known for standing up to power before a series of high-profile clashes with the Moon Jae-in administration launched him into politics and landed him the presidential nomination of the main opposition People Power Party (PPP) on Friday. The 60-year-old is [...]
SEOUL, Oct. 30 (Korea Bizwire) — South Korea bid farewell to late former President Roh Tae-woo on Saturday, marking the end of a five-day state funeral for a leader who drew both criticism and praise for his role in staging a coup and then embracing democracy. The funeral ceremony for Roh, who died Tuesday at [...]
SEOUL, Oct. 29 (Korea Bizwire) — Pompously clad in a Joseon-era general’s suit of armor, a longsword in hand, Huh Kyung-young, honorary chief of a little known political party, showed up on horseback at an historic battlefield site northwest of Seoul in August to declare his presidential bid in yet another bout of his unique [...]