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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...
Seoul leads steep Asian losses as AI-led tech rally hits wall
Seoul leads steep Asian losses as AI-led tech rally hits wall HONG KONG: Seoul's Kospi stock index dived more than eight per cent to lead a rout across Asia on Monday (Jun 8) as tech firms were hammered and strong US jobs data fuelled bets on a Federal Reserve interest rate hike. News that Iran and Israel had struck each other sparked worries about an escalation of the Middle East crisis, adding to the gloomy mood on trading floors and sending oil prices surging more than three per cent.
What Seoul must do to achieve peaceful coexistence with North Korea
South Korea has made peaceful coexistence the central objective of its North Korea policy. As outlined in a recent white paper, Seoul has not formally abandoned reunification but has chosen to prioritise the more immediate and achievable objective of establishing a stable framework for coexistence. The document articulates three guiding principles: respect for North Korea’s political system, rejection of unification by absorption, and avoidance of hostile actions.
Jensen Huang Commands Seoul Stage With Night of Street Theatre
Jensen Huang at a restaurant in the Hongdae district of Seoul on June 5. Photographer: SeongJoon Cho/Bloomberg
South Korea’s Governing Democratic Party Sweeps Local Elections but Faces Setback in Seoul Mayor’s Race
Democratic Party members and lawmakers, gathered at the National Assembly in Seoul on Wednesday, cheered after exit polls predicted a decisive win for the party in local elections.
How did Taiwan, Seoul overtake India? Drop from 5th to 7th largest stock market - explained
In a span of just over a week, the Indian stock market has gone from being the world’s fifth largest to the seventh largest by market capitalization. First overtaken by Taiwan last week, India has now dropped below South Korea as artificial intelligence-driven rallies in these stock markets propel them to fresh highs. But the fall to seventh rank is not just about the rallies in South Korea and Taiwan.
Long awaited South Korean Centre Pompidou branch opens in Seoul
The Centre Pompidou Hanwha in South Korea opens its doors to the public on Thursday, with an exhibition on Cubism featuring the work of 54 artists. It is part of the Centre Pompidou Paris' Constellation programme, through which the cultural centre is loaning its works to museums and cultural centres across the world while it is closed for a five years of renovation works.