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Yoon Pledges to Ease Tax Burden on Cryptocurrency Investment Profits

Yoon Pledges to Ease Tax Burden on Cryptocurrency Investment Profits

SEOUL, Jan. 19 (Korea Bizwire) — Main opposition presidential candidate Yoon Suk-yeol pledged Wednesday to ease the tax burden on profits from cryptocurrency investments by raising the threshold from the current 2.5 million won (US$2,097) to 50 million won. Yoon of the conservative People Power Party announced the pledge at the party’s headquarters, saying he [...]

Lee, Yoon Offer Diverging Views on Dealing with N. Korea

Lee, Yoon Offer Diverging Views on Dealing with N. Korea

SEOUL, Jan. 17 (Korea Bizwire) — Ruling party presidential candidate Lee Jae-myung has called for simultaneously pursuing North Korea’s denuclearization and sanctions relief, while his main opposition rival Yoon Suk-yeol has vowed to strengthen the extended deterrence provided by the United States. Lee of the liberal ruling Democratic Party and Yoon of the conservative People [...]

Cold War-era Anti-communist Slogan Springs Back to Life in Presidential Race

Cold War-era Anti-communist Slogan Springs Back to Life in Presidential Race

SEOUL, Jan. 10 (Korea Bizwire) — A Cold War-era slogan calling for “annihilating communism” has sprung back to life in South Korea’s presidential race after a business tycoon used the expression to criticize China and North Korea and conservatives turned it into a meme. Shinsegae Group Vice Chairman Chung Yong-jin prompted the creation of the [...]

Yoon’s Wife Publicly Apologizes over Allegations of Falsifying Resumes

Yoon’s Wife Publicly Apologizes over Allegations of Falsifying Resumes

SEOUL, Dec. 26 (Korea Bizwire) — The wife of Yoon Suk-yeol, presidential candidate of South Korea’s main opposition party, apologized Sunday over allegations of past misdeeds that have continued to plague Yoon’s campaign for the March 9 election. Kim Keon-hee, wife of Yoon who is running in the election as candidate of the People Power [...]