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South Korea’s Justice Ministry imposes a travel ban on President Yoon over martial law

South Korea's Ministry of Justice on Monday banned President Yun Seok-Yeol from traveling abroad as authorities investigate him for sedition and other charges related to the brief martial law he imposed last week. Mr. Yoon's martial law order last Tuesday sent special forces into the streets of Seoul, plunging South Korea into political turmoil and […]

Why South Korea’s President Yoon could face prison after martial law declaration

South Korean President Yoon Seok-yeol's dramatic decision to impose martial law on Tuesday undermines his leadership after opposition leaders filed a motion to impeach him. There is a possibility that the This is an act that, if history is any guide, could lead to him later being criminally charged and imprisoned. Opposition leaders posed solemnly […]

North Korea’s Kim Vows Steadfast Support for Russia’s War in Ukraine

SEOUL, South Korea (AP) – North Korean leader Kim Jong Un met with Russia's defense minister and vowed to “always support” Russia's war in Ukraine, North Korea's state media reported Saturday. A Russian military delegation led by Defense Minister Andrei Belosov arrived in North Korea on Friday, amid growing international concerns about greater cooperation between […]

South Korea’s Fertility Rate Ticks Up for First Time in Nine Years

Choo Hyun-hwan, vice-chairman of South Korea's Presidential Committee on Aging Society and Population Policy, said on Monday that the country's birth rate is expected to rise slightly when 2024 data is fully compiled. Even if Joo's predictions of improvement are minimal, this is welcome news for South Korea, which has suffered some of the world's […]

Over 10% of South Korea’s workforce is now robotic, survey finds

Anastasia Amoroso, chief investment strategist at iCapital, talks about the sectors investors should avoid on “Making Money.” The World Robotics 2024 annual survey found that just over 10% of South Korea's workforce has been replaced by robots. reportA report released by the International Federation of Robotics (IFR) has found that robotics continues its upward trend […]