Korea Daily News (December 27, 2024)

Politics Large-scale rallies by pro- and anti-impeachment groups for President Yoon Suk-yeol are expected to cause heavy traffic in downtown Seoul. Police conducted a search of the Presidential Security Service regarding the December 12–3 martial law case. Economy KOSPI defended the 2400 level, closing at 2404.77, a 1.02% drop. KOSDAQ closed at 665.97 due to […]

Korea Daily News (December 26, 2024)

Politics President Yoon Suk-yeol’s December 3 emergency martial law incident, first hearing scheduled at the Constitutional Court. Challenges in forming a bipartisan National Stability Consultative Body. Daegu Mayor Hong Joon-pyo criticizes former lawmakers Han Dong-hoon and Yoo Seung-min.   Economy Capital Goods Compensation Association successfully concludes the 2024 Competitive Order Enhancement Program. Controversy over loan […]

Korea Daily News (December 23, 2024)

Politics The People Power Party demanded the Democratic Party withdraw its recommendations for Constitutional Court judge candidates. Gyeonggi Province Governor Kim Dong-yeon urged the acting president to immediately initiate a special investigation into rebellion-related issues. U.S. Ambassador to South Korea Philip Goldberg met with ruling and opposition party leaders to discuss strengthening Korea-U.S.-Japan cooperation and […]

Korea Daily News (December 12, 2024)

Politics Kweon Seong-dong Elected People Power Party Floor Leader: Kweon Seong-dong emphasized party unity and collaboration with party leader Han Dong-hoon, stating that impeachment discussions will be held during the general assembly. President Yoon’s Public Address: President Yoon Suk-yeol cited vulnerabilities in the National Election Commission’s system as justification for declaring martial law, calling for […]

Korea Daily News (December 11, 2024)

Politics 12/3 Martial Law Incident: The People Power Party’s TF proposed a roadmap for President Yoon Suk-yeol’s early resignation in February–March next year, intensifying discussions on its implementation. Kwon Seong-dong’s Remarks: Emphasized the need for unity within the People Power Party while dismissing internal factional conflicts. Prime Minister’s Official Apology: Prime Minister Han Duck-soo publicly […]

Korea Daily News (December 10, 2024)

Politics Emergency Martial Law by President Yoon Suk-yeol: Police summoned Prime Minister Han Duck-soo amid ongoing chaos caused by the emergency martial law. Criticism from the Korean Patent Attorneys Association: The association criticized President Yoon and the government, calling for strict punishment for the martial law case. Proposal for a Special Prosecutor Act: Han Dong-hoon […]

Korea Daily News (December 5, 2024)

Politics Impeachment Proposal to Be Voted: The opposition party plans to vote on the impeachment of the president on the 7th, with some ruling party lawmakers also calling for voluntary resignation. Martial Law Controversy: President Yoon Suk-yeol’s declaration and subsequent lifting of martial law have faced strong criticism from religious and political circles. Declining Presidential […]

Korea Daily News (December 4, 2024)

Politics Yoon Suk-yeol’s Martial Law Controversy: President Yoon Suk-yeol declared martial law but revoked it within six hours. This has drawn domestic and international criticism for undermining democracy. The National Assembly swiftly passed a resolution to revoke the law, but political aftershocks continue. Opposition Parties Preparing for Impeachment Vote: Six opposition parties are gearing up […]

Korea Daily News (December 3, 2024)

Politics AI Export Control: The U.S. government has imposed restrictions on AI-related core component exports, creating a crisis for the Korean semiconductor industry. Korea-Kyrgyzstan Agreement: The two nations signed 10 agreements, including energy and mineral cooperation, to strengthen bilateral relations. Military Budget Debate: Political disputes intensify as the ruling and opposition parties clash over the […]

Korea Daily News (December 2, 2024)

Politics Budget Deadlock: Rival parties failed to reach an agreement on next year’s budget by the legal deadline, leaving it unaddressed in the plenary session. Speaker’s Urgent Briefing: National Assembly Speaker Woo Won-shik urged the budget to be passed by December 10, emphasizing bipartisan cooperation. Audit Office Criticism Rejected: Secretary-General Choi Dal-young dismissed allegations of […]