SEOUL, Dec. 13 (Korea Bizwire) — Unionized workers of the state-run Industrial Bank of Korea (IBK) have voted to stage a general strike later this month over failed wage negotiations with the management, union officials said Friday. More than 80 percent of the unionized workers at the policy lender voted Thursday to stage a general [...]
SEOUL, Dec. 13 (Korea Bizwire) — President Yoon Suk Yeol has requested that the National Assembly approve his appointment of Ma Yong-ju as a new Supreme Court judge, parliamentary records showed Friday. The request is another move by Yoon that exercised his presidential power, although he has publicly pledged that he would entrust state affairs [...]
SEOUL, Dec. 13 (Korea Bizwire) — President Yoon Suk Yeol ordered police to “round up” all lawmakers when he invoked martial law last week, the chief of the National Police Agency (NPA) reportedly has told investigators. NPA Commissioner General Cho Ji-ho made the claim during questioning over his role in Yoon’s short-lived imposition of martial [...]
SEOUL, Dec. 13 (Korea Bizwire) — President Yoon Suk Yeol’s approval rating fell to a record low of 11 percent, a survey showed Friday, amid growing public backlash over his martial law declaration last week. According to the survey conducted by Gallup Korea on 1,002 adults aged over 18 from Tuesday to Thursday, positive assessment [...]
SEOUL, Dec. 13 (Korea Bizwire) – South Korean investors are increasingly turning to gold as a safe-haven asset, driven by a combination of domestic political turbulence and international geopolitical tensions. The trend comes as gold prices show signs of rebounding after a brief November dip, bolstered by news of renewed Chinese gold purchases following October’s record [...]
SEOUL, Dec. 12 (Korea Bizwire) – A recent study published in the Korean Journal of Communication Studies sheds light on the strategic use of offensive rhetoric by politicians in South Korea and its unintended consequences, including public ridicule and cynicism. The research examines how inflammatory remarks are employed as tools for political gain, particularly during [...]
WASHINGTON, Dec. 11 (Korea Bizwire) — A Pentagon spokesperson on Wednesday warned “any actor” against taking advantage of the political turmoil caused by South Korean President Yoon Suk Yeol’s botched martial law attempt last week, amid lingering concerns over the possibility of North Korea engaging in provocative activities. Pentagon deputy press secretary Sabrina Singh made [...]
SEOUL, Dec. 12 (Korea Bizwire) – The National Assembly is set to open a plenary session Thursday to vote on a special counsel bill to investigate whether President Yoon Suk Yeol committed insurrection and other violations over his short-lived declaration of martial law last week. The Assembly will also vote on a bill mandating a [...]
SEOUL, Dec. 12 (Korea Bizwire) — Prosecutors were questioning Health Minister Cho Kyoo-hong on Thursday as part of a widening investigation into the botched martial law order by President Yoon Suk Yeol, officials said. The special prosecution team handling the probe called Cho in for questioning over his alleged involvement in Yoon’s martial law declaration, [...]
SEOUL, Dec. 12 (Korea Bizwire) — More than 7 out of 10 South Koreans agree that President Yoon Suk Yeol should step down immediately or be impeached over his martial law declaration, a survey showed Thursday. According to a survey by Realmeter on 507 people aged 18 or older conducted on Wednesday, 74.8 percent responded [...]