Asia News Wrap: South Korea Drafts Second Budget to Spur Growth
Seoul has drafted its second budget of the year, targeting green energy, digital projects and SME support to keep growth on track amid global headwinds.
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Seoul has drafted its second budget of the year, targeting green energy, digital projects and SME support to keep growth on track amid global headwinds.
Lee Jae-myung sworn in as South Korea’s president after snap elections, marking the start of his five-year term and a new chapter for ROK politics.
New South Korean President Lee Jae-myung vows to heal wounds with the DPRK, taking office with a bold push for inter-Korean dialogue and regional stability.
Explore Lee Jae-myung’s rise from factory floor to South Korea’s presidency, his AI vision, cost-of-living agenda, and the legal storms he faces.
New South Korean president Lee Jae-myung began his term, vowing to overcome a martial law crisis, revive a slowing economy, and tackle trade tensions from day one.
Local media confirmed Lee Jae-myung as the winner of South Korea’s presidential election on Tuesday, marking a major political shift watched by a global audience.
Exit polls from KBS, MBC and SBS project Lee Jae-myung as the winner of South Korea’s snap presidential election, highlighting a potential shift in the nation’s political direction.
Exit polls put Lee Jae-myung ahead in South Korea’s snap presidential election with 51.7% vs. 39.3% for the main conservative rival.
A South Korean navy patrol plane crashed in Pohang’s hills at 1:50 p.m. local time with four on board, authorities said.
Ousted President Yoon Suk-yeol announced via Facebook that he’s leaving South Korea’s conservative People Power Party, marking a new chapter in Seoul’s political scene.