SEOUL, June 6 (Korea Bizwire) — Political uncertainty in South Korea has eased sharply following the June 3 presidential election, returning to levels not seen since before last year’s state of emergency declaration, according to data released by the Bank of Korea. The central bank reported that the nation’s Political Uncertainty Index stood at 1.5 [...]
SEOUL, June 5 (Korea Bizwire) — South Korea considers the White House’s recent comments about China’s interference in democracies, made after the presidential election, as a separate issue unrelated to the election itself, a Seoul official said Thursday. Following South Korea’s presidential election Tuesday, a White House official said that while “South Korea had a [...]
SEOUL, June 4 (Korea Bizwire) — As South Korea prepares to usher in a new administration following the 21st presidential election, the nation’s digital asset industry is poised for a potential regulatory breakthrough, with both leading candidates expressing support for broader integration of blockchain-based financial products into the legal framework. Both Lee Jae-myung and Kim [...]
SEOUL, June 3 (Korea Bizwire) – Democratic Party (DP) candidate Lee Jae-myung was projected to win the presidential election by a wide margin Tuesday, four polls showed, as vote counting got under way. According to a joint exit poll by broadcasters KBS, MBC and SBS, Lee of the liberal DP was leading conservative People Power [...]
SEOUL, June 2 (Korea Bizwire) — Democratic Party (DP) candidate Lee Jae-myung and People Power Party (PPP) candidate Kim Moon-soo made their final sprint to woo swing voters Monday, a day before the presidential election. Lee of the DP, the campaign’s front-runner, kicked off the last day of his campaign in Seoul’s northern ward of [...]
SEOUL, May 30 (Korea Bizwire) — More than 15 million voters have cast their ballots in the early voting for the presidential election, according to the National Election Commission (NEC) on Friday, with attention now turning to how the near-record turnout would affect the formal vote next week. The final early-voting turnout was 34.74 percent, [...]
SEOUL, May 28 (Korea Bizwire) — The Seoul Metropolitan Police Agency said Wednesday it will mobilize about 6,400 armed police officers to support the transport of ballot boxes for the June 3 presidential election, signaling an intent to quell the controversy over vote rigging. The agency also said it will deploy about 6,200 police officers [...]
SEOUL, May 28 (Korea Bizwire) — With just two days to go before early voting begins for South Korea’s 21st presidential election, a surge of enthusiasm among young voters is taking center stage — from university students and first-time voters to expatriates flying across continents to cast their ballots. Driven by a deep sense of political [...]
SEOUL, May 6 (Korea Bizwire) — Former Prime Minister Han Duck-soo on Tuesday stressed the need to unify the conservative presidential candidacy ahead of the June 3 election amid efforts to collaborate with People Power Party (PPP) candidate Kim Moon-soo. Han, who registered as an independent preliminary candidate, made the remarks during a debate session [...]
SEOUL, May 1 (Korea Bizwire) — Lee Jae-myung, the presidential candidate for South Korea’s main opposition Democratic Party, has unveiled a sweeping set of labor policy proposals, vowing to support companies that adopt a 4.5-day workweek and gradually shift the nation toward a four-day workweek system. In a statement released via Facebook on April 30, [...]