Asia Minute: Tariff talks extend for another round with South Korea and Japan

U.S. Treasury Secretary Scott Bessent says trade talks are going well with “several” Asian countries. And that includes two that have negotiating teams back in Washington this week. South Korea sent a delegation back to Washington this week for what its …

South Korea Inflation Rises 2.1% On Year In April

Consumer prices in South Korea were up 2.1 percent on year in April, Statistics Korea said on Friday. That was in line with expectations and unchanged from the reading in the previous month. On a seasonally adjusted monthly basis, overall inflation rose 0. …

South Korea Manufacturing PMI Falls To 47.5 - S&P Global

The manufacturing sector in South Korea continued to contract in April, and at a faster pace, the latest survey from S&P Global revealed on Friday with a manufacturing PMI score of 47.5. That's down from 49.1 in March, and it moves further beneath …

South Korea's political shake-up intensifies

South Korea’s political landscape remains in turmoil after acting President Lee Ju-ho stepped in following key officials' resignation. Education Minister Lee took over as acting president, the third since the martial law decree, in advance of the 3 …

South Korea’s acting president says he will ensure stability until election

Audio By Carbonatix SEOUL (Reuters) -South Korean acting President Lee Ju-ho said on Friday he will ensure government functions are stabilised and the June 3 presidential election is managed fairly, following the resignations of the prime minister and …

South Korea presidential race rocked by court ruling and resignations

Seoul – South Korea's top court cast doubt on Thursday on frontrunner Lee Jae-myung's eligibility to run for the presidency, while the resignations of the prime minister and finance minister shook the interim government in place since December' …

South Korea Supreme Court Overturns Ruling Against

South Korea’s Supreme Court overturned a ruling on May 1 that had cleared the upcoming presidential election frontrunner of violating election law, throwing his eligibility to run into doubt. Lee Jae-myung, candidate of the liberal-leaning Democratic Party …

Lee Jae-myung’s legal risk rises as South Korea cycles through acting presidents

Supreme Court ruling risks opposition leader’s candidacy while Han and Choi’s resignation elevates education minister Former Democratic Party leader Lee Jae-myung (April 30, 2025), former Acting President Han Duck-soo (May 1, 2025), former finance minister …

Back-to-Back Resignations Throw South Korea’s Acting Presidency Into Turmoil

In a hectic day for South Korea’s already beleaguered political scene, Acting President Han Duck-soo resigned – almost immediately followed by the resignation of his successor-to-be, Choi Sang-mok. The chaos on May 1 suggests South Korea won’t see …

Ryu Hae-ran of South Korea reacts after completing a nine-under par round for the first-round lead in the LPGA Black ...