SEOUL, Dec. 16 (Korea Bizwire) — The joint investigation unit into the martial law turmoil said Monday it will ask President Yoon Suk Yeol to appear for questioning this week over his failed attempt to impose the decree earlier this month. The joint team between the police, the Corruption Investigation Office for High-ranking Officials (CIO) [...]
SEOUL, Dec. 16 (Korea Bizwire) — An estimated 1,500 soldiers were mobilized for President Yoon Suk Yeol’s botched martial law imposition earlier this month, the defense ministry said Monday. The confirmation came a day after the police first cited the number of soldiers deployed from the defense ministry, the Army, the Capital Defense Command, the [...]
SEOUL, Dec. 16 (Korea Bizwire) — The leader of the ruling People Power Party (PPP) said Monday he is stepping down amid growing internal strife following the National Assembly’s vote to impeach President Yoon Suk Yeol. PPP leader Han Dong-hoon made the announcement during a press conference after an impeachment motion against Yoon was passed [...]
SEOUL, Dec. 16 (Korea Bizwire) — A military court on Monday held a hearing to review an arrest warrant against the head of the Army’s special warfare command over his alleged role in the short-lived imposition of martial law this month. Lt. Gen. Kwak Jong-keun appeared before the court in central Seoul, a day after [...]
SEOUL, Dec. 16 (Korea Bizwire) — Former minor party leader Cho Kuk on Monday called for an all-out effort for regime change before being imprisoned at the Seoul Detention Center to begin his two-year prison sentence. Cho, who led the minor opposition Rebuilding Korea Party, has lost his parliamentary seat after the Supreme Court upheld [...]
SEOUL, Dec. 16 (Korea Bizwire) — Some 200 Russian and North Korean soldiers were estimated to have been killed while fighting in combined units against Ukrainian forces, Kyiv’s intelligence authorities said, without specifying the number of casualties for each side. The Defense Intelligence of Ukraine (DIU) made the revelation in a statement published Saturday (local [...]
SEOUL, Dec. 16 (Korea Bizwire) – A modest wall outside South Korea’s National Assembly has become a surprising symbol of political resistance and public solidarity following the impeachment of President Yoon Suk-yeol on December 14. The wall gained attention after being climbed by National Assembly Speaker Woo Won-shik during the “December 3 Martial Law Incident,” [...]
SEOUL, Dec. 16 (Korea Bizwire) – One in five newlywed couples in South Korea earned more than 100 million won annually last year, with the proportion reaching over 30% in Seoul, according to new government data. Statistics Korea’s “2023 Newlywed Couples Statistics” released on December 15 showed that the total number of newlywed couples, including remarriages, decreased [...]
SEOUL, Dec. 16 (Korea Bizwire) – Seoul’s Climate Action Card emerged as citizens’ favorite municipal policy this year, garnering 69,821 votes or 12.49% of the total ballots cast in the city’s annual policy ranking, officials announced on December 15. The online poll, conducted from December 3 to 9, allowed residents to vote for up to three policies [...]
SEOUL, Dec. 13 (Korea Bizwire) – South Korea’s overseas direct investment fell for the third consecutive quarter in the July-September period amid uncertainties in the global economy and geopolitical risks, the finance ministry said Friday. Investments made by South Korean companies overseas totaled US$14.19 billion in the third quarter, down 6 percent from $15.1 billion [...]