SEOUL, Nov. 14 (Korea Bizwire) — President Yoon Suk Yeol said Tuesday the current ban on stock short selling will remain in effect until financial authorities devise measures to fundamentally prevent potential damage to retail investors. Yoon made the remarks during a Cabinet meeting, following the financial regulator’s decision to prohibit short selling in stocks [...]
SEOUL, Nov. 7 (Korea Bizwire) — President Yoon Suk Yeol traveled to the conservative stronghold of Daegu on Tuesday and visited former President Park Geun-hye at her home, in what appeared to be a bid to unite conservatives ahead of next year’s parliamentary elections. The visit came only 12 days after the two met during [...]
DOHA, Oct. 24 (Korea Bizwire) — South Korean President Yoon Suk Yeol on Tuesday pitched his country’s appeal as an investment and business partner for the Middle East. In a speech during the Future Investment Initiative forum in Riyadh, dubbed “Davos in the Desert,” Yoon said South Korea can be trusted, has cutting-edge industries, and [...]
RIYADH, Oct. 23 (Korea Bizwire) — South Korean President Yoon Suk Yeol met Monday with a group of business executives accompanying him on his state visit to Saudi Arabia and renewed his pledge to be a “salesperson” for South Korean companies on the global stage. During a dinner meeting at a Riyadh hotel, Yoon met [...]
NEW YORK/ WASHINGTON, Sept. 21 (Korea Bizwire) — President Yoon Suk Yeol held another round of back-to-back summits with world leaders in New York on Thursday as he rampped up his push to promote South Korea’s bid to host the 2030 World Expo in Busan. Since his arrival in New York on Monday to attend [...]
NEW YORK/SEOUL, Sept. 21 (Korea Bizwire) — President Yoon Suk Yeol held a series of summits with world leaders in New York on Wednesday (local time) as part of his ongoing efforts to secure support for South Korea’s bid to host the 2030 World Expo in Busan. Yoon, on the third day of his trip [...]
NEW YORK/SEOUL, Sept. 19 (Korea Bizwire) — President Yoon Suk Yeol held summits with the leaders of Sri Lanka, San Marino and seven other nations in New York on Monday (local time), kicking off a series of bilateral meetings arranged on the sidelines of the U.N. General Assembly to seek support for South Korea’s bid [...]
SEOUL, May 28 (Korea Bizwire) — President Yoon Suk Yeol and his adopted Labrador retriever appeared Sunday on a TV show featuring scenes of the dog adjusting to his new home at the presidential office. The retired service dog, named Saeromi, was adopted by Yoon and first lady Kim Keon Hee on Christmas Eve last [...]
SEOUL, May 16 (Korea Bizwire) — President Yoon Suk Yeol vetoed the opposition-led nursing act Tuesday amid strong protests from doctors and nursing assistants against it, in his second veto of a bill since he took office. The act, which was railroaded by the main opposition Democratic Party last month, is aimed at stipulating the [...]
SEOUL, May 9 (Korea Bizwire) — President Yoon Suk Yeol marks his first year in office on Wednesday amid positive assessments of his foreign policy achievements but with little to show in terms of political skill, according to experts. Yoon’s efforts to rebuild ties with the United States and Japan have won him praise, as [...]