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Tamagotchi-Inspired Games “Raising” Presidents Popular with Impending Election

Tamagotchi-Inspired Games “Raising” Presidents Popular with Impending Election

SEOUL, March 27 (Korea Bizwire) – The newfound political awareness of South Koreans, after a months-long scandal that ended with the impeachment of President Park Geun-hye, has given rise to mobile games that let players be the kingmaker, running a virtual presidential election, or be the president themselves.  Developed by Goormsoft Corp., Raising President (title [...]

Three Parties Seek Four-Year, Two-Term Presidency

Three Parties Seek Four-Year, Two-Term Presidency

SEOUL, March 17 (Korea Bizwire) – South Korea’s three major parties excluding the biggest Democratic Party are seeking to revise the Constitution to adopt a four-year, two-term presidency while shortening the next president’s tenure to three years. The Korean president currently serves a single, five-year term.  Earlier this week, the Liberty Korea Party, the People’s [...]

President Park Refuses Face-To-Face Questioning

President Park Refuses Face-To-Face Questioning

SEOUL, Nov. 28 (Korea Bizwire) – President Park Geun-hye’s on Monday refused prosecutors’ request for face-to-face questioning on her role in an influence-peddling scandal that has rocked her presidency.  Her attorney Yoo Yeong-ha said the president “will not be able to cooperate” with the direct inquiry, citing her busy schedule.  “The president has a difficult [...]

In Search of Korean Business Connections to America’s New President-Elect

In Search of Korean Business Connections to America’s New President-Elect

SEOUL, Nov. 10 (Korea Bizwire) – The exhausting, polarizing race for the White House has finally ended, and to the world’s surprise, Donald Trump will become the 45th President of the United States.  The result was a heavy blow to a majority of Koreans, the country’s financial market, and political circles, as the now president-elect [...]

Prosecutors Place Choi Soon-Sil under Emergency Detention after Questioning

Prosecutors Place Choi Soon-Sil under Emergency Detention after Questioning

SEOUL, Nov. 1 (Korea Bizwire) – Prosecutors on Monday placed Choi Soon-sil, a confidante of President Park Geun-hye, under emergency detention after grilling her for hours on allegations of interfering in state affairs and peddling influence.  Seoul Central District Prosecutors’ Office has 48 hours in which to decide whether it will seek a warrant to [...]

Special Investigation Team to Look into Park’s Confidante Scandal

Special Investigation Team to Look into Park’s Confidante Scandal

SEOUL, Oct. 27 (Korea Bizwire) – South Korea’s top prosecutor’s office said Thursday a special task force will look into the scandal over a controversial figure with close ties to President Park Geun-hye.  Kim Soo-nam, the country’s top prosecutor, ordered Lee Young-ryeol, the chief of the Seoul Central District Prosecutors’ Office, to head the team [...]