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1. The South Korean government has invoked return-to-work orders for striking truckers in the steel and petrochemicals sectors on Thursday. The strikes have already cost some 2.6 billion U.S dollars of losses to related industries. 2. During a plenary session of the National Assembly today, the parliament passed a bill that requires the use of the international age counting system, rather than the...

1. According to Interior Minister Lee Sang-min on Wednesday, the South Korean government will decide whether to lift the indoor mask mandate, which is the last remaining COVID-19 restriction, by the end of this month. Meanwhile, South Korea reported 74,714 new Covid-19 infections on Wednesday. 2. Polish President Andrzej Duda said that the first shipment of weapons including K-2 tanks and K-9 howi...

1. South Korea's miracle run at the 2022 Qatar World Cup came to a halt after a 4-1 loss to Brazil during their round of 16 game. South Korean team’s head coach Paulo Bento said that he will not be renewing his contract. 2. South Korea plans to revive the ‘enemy’ expression for the North Korean regime and its military in its defense white paper which will be published next month under the Yoon Suk...

1. South Korean President Yoon Suk-yeol has told his Cabinet on Sunday to prepare to issue an imminent back-to-work order on striking truck drivers in the oil and steel industries. The Cargo Truckers Solidarity Union's strike has entered its 12th day Monday. 2. According to the presidential office, President Yoon Suk Yeol met with his Vietnamese counterpart on Monday for a summit to discuss measur...

1. According to the Foreign Ministry on Friday, the South Korean government decided to impose additional sanctions on 8 individuals and 7 institutions linked with North Korea’s weapons programs. 2. South Korea’s rival political parties, the ruling People Power Party and the main opposition Democratic Party, continue their negotiations to approve next year’s budget plan on Friday which is the legal...

1. Trade ministry data on Thursday shows South Korea's on-year exports declined for 2 consecutive months. November’s exports plunged by 14% compared to the same period last year, following October’s  5.7% on-year fall. 2. A nationwide strike by South Korea's truckers union Cargo Truckers Solidarity Union is now into its eighth day. Observers said South Korea’s government may convene a Cabinet...

1. The South Korean government met with the Cargo Truckers Solidarity Union for more negotiations on Wednesday, however, the 40-minute long negotiations broke down. This came after President Yoon Suk-yeol issued an executive order to force cement truckers to return to work on Tuesday. 2. The main opposition Democratic Party of Korea decided to pass a bill to impeach the Minister of Interior and Sa...

1. South Korean President Yoon Suk-yeol stressed to the Cargo Truckers Solidarity Union that there is no choice for the government but to issue a return-to-work executive order for those refusing to transport goods in the cement sector, as the strike is threatening the livelihoods of many. 2. South Korea's second World Cup group match against Ghana ended in 3-2 loss against Ghana, despites Cho Gue...

1. After the strike by the Cargo Truckers Solidarity Union entered its fifth day Monday, the South Korean government held its first talks with the unionized truckers on Monday as their walk-out poses a serious threat to the supply chain and the national economy. 2. South Korean President Yoon Suk-yeol announced a “future space economy” roadmap on Monday which includes plans to establish an aerospa...

1. South Korea opened its World Cup campaign on Thursday night, Korea time, with a scoreless draw against the favored Uruguay in Qatar. Meanwhile in the same Group H, Portugal defeated Ghana 3-2 to sit atop the group standing. 2. As Korea Electric Power Corporation looks to run up a record deficit of 30 trillion won, the Office for Government Policy Coordination held a Regulatory Reform Committee...

1. The Bank of Korea raised its key interest rate by 25 basis points to 3.25 percent on Thursday in a bid to control soaring prices, implementing six consecutive hikes for the first time. 2. South Korean Defense Minister Lee Jong-sup asked China Wednesday to play a "constructive" role in addressing North Korea's nuclear and missile threats during talks with China’s Defense Minister Wei Fenghe. 3....

1. South Korean President Yoon Suk-yeol and Kenyan President William Ruto met face-to-face for a bilateral summit. The two will discuss trade and investment between the two countries. It is the first visit by a Kenyan president to South Korea in 32 years. 2. The Korean Confederation of Trade Unions, which is one of South Korea's two umbrella labor unions, declared Tuesday that it will go on a gene...

1. The UN Security Council which held an open meeting on Monday to discuss North Korea’s latest intercontinental ballistic missile test ended with the Council failing to reach a unified response. 2. Families of the victims in the October 29 accident held their first press conference, urging the government to give a sincere apology and punish those who are responsible for the accident. 3. South Kor...

1. The UN Security Council is set to discuss North Korea in a meeting requested by the U.S. on Monday. This comes after foreign ministers of the Group of Seven countries strongly criticized Pyongyang’s recent launch of an intercontinental ballistic missile on Friday. 2. South Korean President Yoon Suk-yeol has suspended his morning encounters with the press on Monday. The so-called “door-stepping”...

1. According to South Korea’s Joint Chiefs of Staff, North Korea launched an intercontinental ballistic missile toward the East Sea on Friday. This comes after a trilateral summit among South Korean President Yoon Suk-yeol, U.S. President Joe Biden and Japanese PM Fumio Kishida in Phnom Penh on Sunday. 2. South Korean President Yoon Suk-yeol and Spanish PM Pedro Sanchez vowed Friday to reinforce t...

1. South Korean President Yoon Suk-yeol is set to meet on Thursday with visiting Saudi Crown Prince, Mohammed bin Salman. Later in the day, President Yoon will also sit down (also sat down) with the Prime Minister of the Netherlands, Mark Rutte. 2. North Korea fired a short-range ballistic missile from the port city of Wonsan toward the East Sea for the first time in 8 days. 3. Polish President An...

1. South Korean President Yoon Suk-yeol is back in Seoul after a six-day tour of Southeast Asia, which he wrapped up in Bali last night. Just hours before departing, he had a face-to-face meeting with Chinese President Xi Jinping. 2. According to Poland’s Foreign Ministry on Wednesday, a Russian missile fell in eastern Poland, taking the lives of two people. It was the first time since the beginni...

1. South Korean President Yoon Suk-yeol will hold a summit with Chinese President Xi Jinping in Bali at 5 p.m. (local time) on Tuesday. The agenda about North Korea is expected to dominate the meeting. 2. U.S. President Joe Biden said on Monday that he told Chinese President Xi Jinping that China bears the responsibility to curb North Korea’s nuclear threats. The two leaders sat face-to-face for m...

1. South Korean President Yoon Suk-Yeol, U.S. President Joe Biden, and Japanese PM Fumio Kishida on Sunday vowed a unified, coordinated response to North Korea’s escalating nuclear threats during a trilateral meeting in Cambodia. 2. U.S. President Joe Biden is set to have his first in-person meeting with Chinese President Xi Jinping as President at the G20 summit in Bali on Monday.  3. On Nov...

1. South Korean President, Yoon Suk-yeol, embarked today on a 6-day trip to Southeast Asia for the G20 and ASEAN multilateral summits. His first destination is the Cambodian capital of Phnom Penh. 2. South Korea is hosting an annual ceremony called, Turn Toward Busan, on November 11th, which is the International Memorial Day for UN Korean War Veterans, in Busan. This event is joined by South Korea...

1. After the Democratic Party in the United States staved off worst-case-scenario in congressional losses in Tuesday’s midterm elections, US President, Joe Biden, said on Wednesday that he will decide early next year on whether he will run again for the presidency.  2. President Yoon Suk-yeol told reporters on Thursday that he will meet with U.S. President Joe Biden and Japanese PM Fumio Kish...

1. South Korean President, Yoon Suk-yeol, will embark on a six-day trip to southeast Asia for the G20 and the ASEAN multilateral summits on Friday. It'll be his third overseas trip as president where he'll put forth his Korean-ASEAN solidarity vision. 2. The U.S. Treasury Department said Tuesday that it imposed sanctions on two individuals who were affiliated with Air Koryo, North Korea's national...

1. The special investigation police division was established last week to probe senior authorities in charge of Yongsan-gu District, where the Itaewon crowd crush occurred on October 29th. As of Tuesday, 6 people are now pinpointed to be responsible for the Itaewon stampede. 2. The benchmark KOSPI closed at 2,399.04 on Tuesday, up 27.25 points from the previous trading day. This was the first time...

1. South Korean President, Yoon Suk-yeol issued an apology over the tragic Itaewon crowd crush and vowed to double down on efforts to ensure no such accident happens again during a safety review meeting on Monday. 2. North Korea’s state media announced Monday that two cruise missiles were fired last Wednesday into international waters near South Korea’s coastal city of Ulsan; however, South Korea’...

1. South Korean Defense Minister, Lee Jong-sup, and the US Secretary of Defense, Lloyd Austin, agreed to deploy more nuclear-capable strategic assets in and around the Korean Peninsula against North Korea’s nuclear threats. This agreement was reached at their annual Security Consultative Meeting held at the Pentagon on Thursday.  2. On Thursday, President Yoon Suk-yeol ordered the establishme...