Consumer sentiment in South Korea falls by most in over 4 years in December

Consumer sentiment in South Korea falls by most in over 4 years in December

South Korea’s consumer sentiment fell by the largest margin since the Covid-19 pandemic in December, as political turmoil sparked by President Yoon Suk Yeol’s shocking martial law declaration added another layer of uncertainty to the economy, a central bank poll showed on Tuesday.

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S. Korea president Yoon’s senior aides offer to quit over martial law declaration

S. Korea president Yoon’s senior aides offer to quit over martial law declaration

Senior aides of South Korean President Yoon Suk Yeol, including his chief of staff, offered to resign together in large numbers on Wednesday, the presidential office said, after the National Assembly blocked Yoon’s surprise declaration of martial law. They include Chung Jin-suk, the

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Yoon, Biden hold farewell summit in Peru

Yoon, Biden hold farewell summit in Peru

South Korean President Yoon Suk Yeol and US President Joe Biden held a farewell summit in Peru as they reflected on their partnership and reaffirmed efforts to strengthen the bilateral alliance, Yoon’s office said. The meeting on Friday followed a trilateral summit with

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South Korean prez meets Sultan of Brunei to boost bilateral ties

South Korean prez meets Sultan of Brunei to boost bilateral ties

South Korean President Yoon Suk Yeol met with Brunei’s Sultan Hassanal Bolkiah to explore ways to expand bilateral ties across the defence industry, infrastructure, and digital technologies, Yoon’s office said. Their first meeting took place on the sidelines of the Asia-Pacific Economic Cooperation

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S. Korea president Yoon set to leave for Peru to attend APEC summit

S. Korea president Yoon set to leave for Peru to attend APEC summit

South Korea President Yoon Suk Yeol is set to depart for Peru on Thursday to attend the Asia-Pacific Economic Cooperation (APEC) summit, with an eye on a possible meeting with U.S. President-elect Donald Trump during the South America trip. Yoon will travel to

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South Korean president calls for proactive efforts to ease income, education inequality

South Korean president calls for proactive efforts to ease income, education inequality

South Korean President Yoon Suk Yeol on Monday called for efforts to address widening inequality in income and education during the latter half of his term, his office said. Yoon emphasized the need to reduce social polarization during a meeting with senior aides

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South Korea and Philippines Forge Strategic Partnership to Enhance Cooperation

South Korea and Philippines Forge Strategic Partnership to Enhance Cooperation

South Korean President Yoon Suk Yeol and Philippine President Ferdinand Marcos Jr. have announced the establishment of a strategic partnership aimed at boosting collaboration in security, economy, energy, and other key areas. This agreement was made during a summit in Manila, marking the

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