SEOUL, March 12 (Korea Bizwire) — President-elect Yoon Suk-yeol ramped up diplomacy with South Korea’s most important neighbors on Friday, the first full day since his election, vowing to rebuild the alliance with the United States while developing relations with China. Yoon also spoke by phone with Japanese Prime Minister Fumio Kishida and stressed the [...]
SEOUL, March. 11 (Korea Bizwire) — The presidential election won by main opposition candidate Yoon Suk-yeol set a variety of new records. First off, the conservative candidate won the election by the smallest number of votes against the progressive contender. Varying results from a number of public opinion surveys prevented election authorities from choosing the [...]
SEOUL, March. 11 (Korea Bizwire) — President-elect Yoon Suk-yeol will go through his inauguration along with his seven presidential pets. Yoon and his wife have been raising four dogs and three cats at their residence in Seoul’s Seocho District. The couple had no children and have been taking care of the seven pets as a [...]
SEOUL, March 10 (Korea Bizwire) — The fate of the Ministry of Gender Equality and Family has become uncertain as Yoon Suk-yeol was elected Thursday as president of South Korea with a campaign pledge to close the ministry. President-elect Yoon of the conservative People Power Party (PPP) pledged to dissolve the 21-year-old ministry in a [...]
SEOUL, March 10 (Korea Bizwire) — South Korea is likely to make a U-turn from its yearslong nuclear phase-out drive as President-elect Yoon Suk-yeol has vowed to scrap the policy and make the country a powerhouse in nuclear power generation. President Moon Jae-in has championed breaking away from nuclear energy since his inauguration in 2017 [...]
WASHINGTON, March 9 (Korea Bizwire) — The decadeslong South Korea-U.S. alliance may be in for its prime yet under South Korea’s incoming government of Yoon Suk-yeol, who will also likely align his major foreign policy with that of the U.S. on issues such as North Korea, U.S. experts said. The prosecutor-turned-politician won the presidential election, upsetting [...]
SEOUL, March 10 (Korea Bizwire) — President-elect Yoon Suk-yeol has undergone a dramatic transformation from a prosecutor general serving outgoing President Moon Jae-in to Moon’s successor on the opposition ticket after championing a fairer society built on common sense and the rule of law. Yoon, 61, rose to prominence as a prosecutor investigating high-profile cases [...]
SEOUL, March 10 (Korea Bizwire) — Opposition candidate Yoon Suk-yeol was elected South Korea’s next president Thursday after an unbelievably close race that underlined deep divisions along regional, generational and gender lines, and hands him a daunting task to narrow those chasms. With all the votes counted, Yoon of the conservative People Power Party (PPP) [...]
SEOUL, March 3 (Korea Bizwire) — The candidacy merger between Yoon Suk-yeol of the main opposition People Power Party (PPP) and Ahn Cheol-soo of the minor opposition People’s Party could be a game changer in a tight presidential race, though it may be too early for them to celebrate victory. After a roller-coaster ride of [...]
SEOUL, Jan. 20 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol vowed Thursday to deregulate the virtual asset industry to further promote its growth. Yoon of the conservative People Power Party said the industry should be allowed to operate without regulations unless they have been explicitly prohibited. “To realize the unlimited potential of the [...]