South Korea
Loved by adversaries, feared by allies: How the world feels as Trump takes center stage
U.S. President Donald Trump at a press conference at the end of the NATO summit in July 12, 2018. Bernd von Jutrczenka | dpa | picture alliance | Getty Images U.S. President-elect Donald Trump returns to the White House on Monday, and much of the world is watching on with bated breath. The prospect of […]
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Asia-Pacific markets track Wall Street gains; South Korea unexpectedly keeps rates unchanged
People walk inside the Korea Exchange (KRX) building, as stock markets in Asia as a whole have been affected by the intensifying political turmoil over president Yoon Suk Yeol’s role in martial law, in Seoul, South Korea, on Dec. 9, 2024. Daniel Ceng | Anadolu | Getty Images Asia-Pacific markets climbed Thursday, after U.S. markets […]
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Asia markets open mixed, tracking Wall Street moves that saw investors rotate out of tech
Sunrise scene of Seoul downtown city skyline, Aerial view of N Seoul Tower at Namsan Park in twilight sky in morning. The best viewpoint and trekking from inwangsan mountain in Seoul city, South Korea Mongkol Chuewong | Moment | Getty Images Asia-Pacific markets opened mixed Tuesday after a mixed session on Wall Street that saw […]
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The world’s most powerful passport has a clear winner this year — in 2024 it was a six-way tie
Singapore has the world’s most powerful passport, according to the 2025 Henley Passport Index. The nation-state was one of six countries which tied for the top spot in 2024 in the list produced by the migration consultancy Henley & Partners, which ranks passports by the number of destinations that holders can access without needing a […]
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Trump tariffs pose a greater threat to South Korea’s economy than domestic political chaos, BOK official suggests
The Bank of Korea (BOK) in Seoul on Dec. 28, 2024. Kim Jae-Hwan | Lightrocket | Getty Images Risks posed by South Korea’s political turmoil to its economy could subside within half a year, but external pressures owed to possible tariffs on the country’s exports to the U.S. are “troublesome,” a key Bank of Korea […]
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South Korea export growth rebounds in December, but risks loom
A South Korea flag is displayed against skyscrapers and businesses in Gangnam-gu, Seoul. Ann Hermes | Christian Science Monitor | Getty Images South Korea’s exports grew at a faster pace in December, beating market expectations, and ended the year with a record performance, trade data showed on Wednesday, though risks loom in the year ahead. […]
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South Korea’s impeached President Yoon faces arrest as court issues warrant, deepening political turmoil
South Korean President Yoon Suk-Yeol speaks to the nation at the Presidential Office on December 14, 2024 in Seoul, South Korea. South Korean Presidential Office | Getty Images News | Getty Images South Korea’s impeached President Yoon Suk Yeon could become the first sitting president of the country to face an arrest after a court […]
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Australia market opens lower as investors in Asia await China manufacturing data
A worker assembling a loader transmission mechanism at a manufacturer in Qingzhou, China. Nurphoto | Nurphoto | Getty Images Australia market opened lower on the last trading day of the year, while investors in Asia awaited manufacturing data from China. Australia’s S&P/ASX 200 traded 0.56% lower on a shortened trading day. Japan and South Korea’s […]
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Jeju Air plane crash raises questions about concrete wall at the end of the runway
The wreckage of the Jeju Air aircraft that went off the runway and crashed lies at Muan International Airport, in Muan, South Korea, December 30, 2024. Kim Hong-ji | Reuters Aviation experts are questioning the role of an airport design that positioned a mound of dirt and a concrete wall past the end of a […]
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Boeing 737-800, the model that crashed in South Korea, is one of the world’s most popular aircraft
A Jeju Air Boeing 737-800 taking off from Osaka Kansai airport. Fabrizio Gandolfo | Lightrocket | Getty Images Accident investigators are trying to figure out what caused a Jeju Air flight to belly land without its landing gear down at Muan International Airport in South Korea, killing all but two of the 181 people on […]
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