South Korea’s Central Bank Holds Interest Rate Steady at 2.75%
South Korea’s central bank keeps its key interest rate unchanged at 2.75% to support economic stability amid global uncertainties.
South Korea
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South Korean Police Raid Presidential Office and Residence in Seoul
South Korean police raided the presidential office and official residence in Seoul’s Hannam-dong, leaving the nation speculating about the reasons behind this unprecedented move.
How Chinese Peony Culture Blossoms in South Korea
The Chinese tradition of peony cultivation in Heze resonates with South Koreans, highlighting the universal admiration for the flower that symbolizes wealth and prosperity.
South Korea Fires Warning Shots as DPRK Soldiers Cross Border
South Korean military forces fired warning shots after approximately ten DPRK soldiers crossed the border, Yonhap reported on Tuesday. The incident raises tensions on the Korean Peninsula.
No Reports of Snap Presidential Election in South Korea as of October 2023
As of October 2023, no snap presidential election or ousting of President Yoon Suk-yeol has been reported in South Korea.
South Korea Expected to Hold Snap Presidential Election on June 3
South Korea is expected to hold a snap presidential election on June 3, with the date to be confirmed at a cabinet meeting on Tuesday.
South Korea Unveils $2 Billion Aid for Car Industry Amid U.S. Tariffs
South Korea announces a 3 trillion won ($2 billion) aid package to support its car industry hit by new U.S. tariffs.
No Impeachment Ruling Against President Yoon Suk-yeol as of October 2023
As of October 2023, there is no impeachment ruling against South Korean President Yoon Suk-yeol.
South Korea’s President Yoon Impeached as Constitutional Court Upholds Ruling
South Korea’s Constitutional Court has upheld the impeachment of President Yoon Suk-yeol over his brief imposition of martial law, sparking celebrations among protesters in Seoul.
South Korea’s President Yoon Ousted as Court Upholds Impeachment
South Korea’s President Yoon Suk-yeol has been ousted after the Constitutional Court upheld his impeachment over a martial law declaration, triggering a presidential election within 60 days.