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Searched Tag: choi sang mok

South Korea’s foreign reserves hit lowest point in five years in January.

South Korea's foreign reserves hit five year low

February 5, 2025, 10:20 AM - 3 min read

South Korea’s foreign reserves dropped to their lowest level in nearly five years in January, reflecting the country’s ongoing struggle with a weak local currency. According to data from the Bank of Korea (BOK), the foreign reserves stood at $411.01 billion at the end of January.

South Korea announces plan to boost aerospace competitiveness.

South Korea plans roadmap to lead global aerospace race

January 18, 2025, 04:19 PM - 3 min read

South Korea's national space agency, the Korean Aerospace Administration (KASA), is set to unveil an ambitious road map aimed at advancing the country's aerospace industry next month.

North Korea fires short range missiles ahead of Trump swearing in.

North Korea test-fires missiles as Trump heads for swearing in

January 14, 2025, 04:07 PM - 3 min read

North Korea launched multiple short-range ballistic missiles into the East Sea on Tuesday, raising tensions just days before the inauguration of U.S. President-elect Donald Trump. The missile tests were seen as a provocative act, signalling the regime’s continued defiance.

Jake Sullivan concerned over North Korea exploiting South Korea’s turmoil.

NSA Sullivan calls Yoon’s martial law as 'shocking' and 'wrong'

January 11, 2025, 03:30 PM - 4 min read

The US National Security Advisor (NSA) Jake Sullivan has expressed strong disapproval of President Yoon Suk Yeol's attempt to declare martial law in South Korea, calling it "shocking" and "wrong."

South Korea court to decide on Yoon’s arrest over charges.

Investigators seek arrest of South Korea’s President Yoon

December 30, 2024, 04:06 PM - 3 min read

South Korea's political landscape has taken a dramatic turn with the announcement that investigators have sought an arrest warrant for President Yoon Suk Yeol.

CEO of Jeju Air Accepts Responsibility Following Plane Tragedy.

Jeju Air CEO takes full responsibility for fatal plane crash

December 29, 2024, 04:36 PM - 3 min read

Following the tragic crash of a Jeju Air passenger jet in South Korea, the CEO of the airline, Kim E-bae, took full responsibility for the incident. The flight, which had 181 people on board, crashed while attempting to land at Musan International Airport in Muan County on Sunday.

Kim Jong Un calls US, Japan, South Korea alliance a threat.

North Korea unveils toughest strategy amid US tensions

December 29, 2024, 04:05 PM - 2 min read

North Korea has announced its most assertive counter-strategy against the United States, citing growing threats from the military alliance between the US, South Korea, and Japan.

Acting President Choi Addresses Political Instability in South Korea.

Acting President Choi promises to stabilise South Korea

December 28, 2024, 03:22 PM - 4 min read

South Korea’s Acting President, Choi Sang-mok, has pledged to focus on stabilising the country's state affairs amidst ongoing political uncertainty. This turbulence follows the controversial and brief imposition of martial law earlier this month, which has led to significant political upheaval.