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South Korea's Lee says success of business should be shared, plans surplus tax revenue use
South Korea's Lee says success of business should be shared, plans surplus tax revenue use SEOUL, June 8 : South Korean President Lee Jae Myung said on Monday the gains of business success should be shared throughout society and the government will devise a plan to effectively use the surplus tax revenues generated from the country's semiconductor sector. Lee was speaking at a news conference marking one year in office. Lee won the presidency after a failed bid to impose martial law led to...
Ballot paper shortage hurts South Korea's reputation as model democracy: President Lee
Ballot paper shortage hurts South Korea's reputation as model democracy: President Lee South Korean President Lee Jae Myung described the shortage of ballot papers in last week's election as "ridiculous" and "shocking". SEOUL: South Korean President Lee Jae Myung said on Monday (Jun 8) that ballot paper shortages in last week's local elections dealt a serious blow to the country's reputation as a model democracy, and he welcomed the protests questioning the fairness of the process. "It was...
South Korea should not give up on North's denuclearisation: President Lee
South Korea should not give up on North's denuclearisation: President Lee Seoul should not seek to acquire atomic weapons to counter Pyongyang's nuclear drive, says South Korean President Lee Jae Myung. South Korea should not give up on North Korea's denuclearisation, President Lee Jae Myung said on Monday (Jun 8), as China's President Xi Jinping arrived in Pyongyang for a two-day visit. Lee made the remark at a press conference marking his first year in office, which he took after months of...
K-drama stars IU, Lee Dong-wook dragged into South Korean ballot protest
A South Korean protest calling for a redo of last Wednesday’s local election over ballot shortages at polling stations has taken an unexpected turn, with some protesters demanding that actress and singer IU send coffee to the rally. The demand appears to stem from IU’s decision in 2024 to provide prepaid food and drinks for demonstrators calling for the impeachment of former president Yoon Suk-yeol over his failed martial law bid. The protesters calling for a new election, who are widely...
South Korean ruling party’s ‘flawed landslide’ election win dents Lee’s reform drive
South Korean President Lee Jae Myung’s ruling party swept most of the country’s major local elections, but a narrow defeat in Seoul has given conservatives a foothold to challenge his reform agenda. The loss in the capital, South Korea’s political and property-market centre, has taken the shine off an otherwise dominant performance by the ruling Democratic Party of Korea (DPK), dealing a blow to Lee’s plans for tougher real estate taxation, according to observers. Across the country, the DPK...
South Koreans vote in local elections seen as gauge of President Lee's first year
South Koreans vote in local elections seen as gauge of President Lee's first year Voters will choose mayors and governors in 16 cities and provinces in a contest widely seen as an assessment of President Lee Jae Myung's first year in office. SEOUL: South Koreans vote on Wednesday (Jun 3) in local elections expected to boost President Lee Jae Myung's ruling Democratic Party, in the first nationwide ballot since his snap presidential election victory last year. Voters will choose mayors and...
South Korea ruling party sweeps most seats in local elections but faces losing Seoul
South Korea ruling party sweeps most seats in local elections but faces losing Seoul The loss of Seoul would deliver a symbolic blow to South Korean President Lee Jae Myung despite his party’s broader gains. SEOUL: South Korean President Lee Jae Myung's ruling Democratic Party swept the majority of seats in local elections, early vote counts showed on Thursday (Jun 4), but looked set to lose the crucial Seoul mayoralty amid a controversy over a shortage of ballot papers. Opposition People...
Newsletter: From K-pop to K2 tanks, South Korea flexes in Europe
South Korean President Lee Jae Myung visits Brussels on Wednesday for a highly anticipated EU-South Korea Summit, where we are expecting a buffet of East Asian strength on display, ranging from K-pop toppers to military might. Angela Skujins here holding down the fort for your Wednesday newsletter. Everyone in the Belgian capital is gearing up for a closely watched EU-South Korea Summit, which aims to boast more than just the East Asian country’s soft power of skin care, K-pop and cinematic...
Watch: Batteries, microchips, and K-Pop—what's at stake at the EU-Korea Summit
European leaders António Costa and Ursula von der Leyen are hosting South Korean President Lee Jae Myung for the EU-Republic of Korea summit. They say hospitality begins at home, and Brussels is putting that to the test this week. European leaders António Costa and Ursula von der Leyen are hosting South Korean President Lee Jae Myung for the EU-Republic of Korea summit.
SKorea’s Lee Nominates Tech Guru Han as PM to Lead AI Growth
Lee Jae Myung, South Korea's president, delivers a speech at the National Assembly in Seoul, South Korea, on Thursday, April 2, 2026. Lee urged citizens to “save every drop of fuel,” ramping up an official call for energy conservation as the deepening Iran conflict hits the energy-importing nation hard, straining households and businesses.