SEOUL, Dec. 3 (Korea Bizwire) — President Lee Jae-myung on Wednesday marked the first anniversary of the failed Dec. 3 coup attempt by declaring that the South Korean people “have every right to receive the Nobel Peace Prize” for defending democracy against an illegal military intervention. In a nationally televised address titled “First Anniversary of [...]
SEOUL, Nov. 5 (Korea Bizwire) — Xiaomi announced Tuesday that it will launch a special discount event for its flagship smartphone, the Xiaomi 15 Ultra, after Chinese President Xi Jinping presented the device to South Korean President Lee Jae-myung during their recent summit. Xiaomi Korea said it was “honored” that one of its latest flagship models [...]
SEOUL, Nov. 4 (Korea Bizwire) — President Lee Jae Myung pledged on Tuesday to accelerate South Korea’s path toward a self-reliant military and expand its defense capabilities, while renewing calls for dialogue with North Korea amid growing regional uncertainty. “We will significantly strengthen our national defense and realize the vision of self-reliant defense,” Lee said in [...]
SEOUL, Sept. 15 (Korea Bizwire) — President Lee Jae Myung on Monday urged a broad rollback of outdated regulations and punitive measures that, he argued, have long stifled corporate initiative and deterred investment. Speaking at a meeting on regulatory reform at the Korea Institute of Science and Technology in Seoul, Lee said the country must [...]
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 & 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,” [...]
SEOUL, July 13 (Korea Bizwire) — President Lee Jae-myung on Sunday delivered a sweeping appeal to link economic equity with democratic resilience, warning that without tangible improvements to people’s lives, democracy could fall prey to authoritarian forces cloaked in the guise of economic growth. Speaking at the opening ceremony of the World Congress of Political [...]
SEOUL, July 2 (Korea Bizwire) — In a move that could become the first major diplomatic test of President Lee Jae-myung’s nascent administration, China has approached South Korea about his potential attendance at a military parade this September, commemorating the 80th anniversary of its World War II victory over Japanese aggression. Diplomatic sources revealed Wednesday [...]
SEOUL, June 9 (Korea Bizwire) — Just days into his presidency, Lee Jae-myung is facing a cautiously optimistic public. According to a new Realmeter survey released Monday, nearly 6 in 10 South Koreans believe the newly inaugurated leader will perform well in managing state affairs. Yet the number reflects a more tempered confidence compared to [...]