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Global Economic

February 1, 2023

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  • "Politicians' favorability" Oh Se-hoon 41%, Hong Joon Pyo 40% and Lee Jae-myung 34%

    2022.09.19 09:50

    In a survey on the favorability of major political figures from the ruling and opposition parties, Seoul Mayor Oh Se-hoon of the People Power Party ranked first with 41% and Daegu Mayor Hong Joon Pyo ranked second with 40%. Lee Jae-myung, representative of the Democratic Party of Korea won 34%, and former representative Lee Nak-yeon won 27%. The favorability of the supporters of each political party was different depending on political figures.According to a favorability survey conducted by Gallup Korea on 1,000 adults from September 13 to 15, Yoo Seung Min followed with 30%, Justice Minister

  • Lee Jae-myung’s approval rating records 27%, Han dong-hun 9% and Oh Se-hoon 4%

    2022.09.05 09:41

    Lee Jae-myung, Represented of the Democratic Party of Korea, ranked first in the survey on approval ratings for the next presidential candidate.In the ruling party, Justice Minister Han Dong-hoon showed the highest approval rating, beating Seoul Mayor Oh Se-hoon.In the poll of 1,000 voters over the age of 18 conducted by Gallup Korea from Aug. 30 to Sept. 1, 27% of respondents picked Lee Jae-myung as the person who should become the next president. It was followed by Justice Minister Han Dong-hoon with 9%, Seoul Mayor Oh Se-hoon, Daegu Mayor Hong Joon-pyo, and Ahn Cheol-soo with 4% each, form

  • Yoon and Biden to have talks about North Korea issues and supply chain cooperation at Korea-US summit

    2022.05.23 09:36

    South Korean President Yoon Suk-yeol will meet the U.S President Joe Biden in Seoul on the 21th, and will discuss about recent issues such as North Korea’s provocations, situation on the Korean Peninsula, economic security cooperation, and global trends.As South Korea and the U.S. have previously agreed to stretch the bilateral cooperation, which has focused on North Korea and economic issues, to more various fields such as economic security, supply chain, and technology, the two are expected to have substantive discussions. As South Korea and the U.S. announced before, the main agenda for th

  • US President Biden considering DMZ visit when traveling to Korea

    2022.05.18 09:34

    The U.S. president Joe Biden is expected to focus on the economic and security issues during his visit to South Korea on May 20-22 to attend the Korea-US Summit.In addition to the Korea-US Summit to be held at Yongsan Presidential Office on May 21, Biden could also visit Camp Humphreys, a U.S. army garrison in Pyeongtaek, and nearby Samsung’s semiconductor plant in there. The Biden administration is focusing high-tech industry supply chains, including semiconductors, on its allies, and South Korea is one of the major partners. The former U.S. President Donald Trump, who visited Korea in July

  • Yoon meets foreign envoys from his first day, Xi Jinping invites Yoon to visit China

    2022.05.12 09:39

    President Yoon Seok-yeol started his first day in office on the 10th. Yoon met with foreign envoys from Japan, China, UAE, and Singapore at Yongsan Presidential Office. Other countries also invited Yoon to visit. In the afternoon, Yoon met Douglas Emhoff, the second gentleman of the U.S. who visited Korea as a representative of the U.S. delegation, at Yongsan Presidential Office. Emhoff is the first guest Yoon met at the presidential office. “The 70-year Korea-U.S. alliance is a key pillar of peace and prosperity in Northeast Asia.” President Yoon said. “Korea achieved industrialization and

  • President-elect Yoon to hold talk with foreign officials after inauguration

    2022.05.10 09:30

    President-elect Yoon Suk-yeol will have talks with foreign officials after his inauguration on the 10th. Yoon will meet with diplomatic envoys from various countries who have visited Korea as a congratulatory delegation. In particular, amid growing tension over North’s provocations such as the lunch of submarine-launched ballistic missile (SLBM), the new government’s diplomacy with major four powers, including the U.S., China, Japan, and Russia, have become important. After the inauguration ceremony, Yoon will meet with Douglas M. Hope, the U.S. Second Gentleman, China’s Vice President Wang

  • S. Korea protests Japan’s continued Dokdo claim in annual policy report

    2022.04.25 09:38

    The South Korean government officially lodged a protest with Japan against Japan, continued claim over Dokdo in 2022 Diplomatic Bluebook, an annual policy report released on the 22nd.South Korea’ foreign ministry immediately issued an official statement to deliver message to protest against Japan. In the statement, Choi Young-sam, foreign ministry spokesman, said, “We strongly protest against repeated Japan’s sovereignty claim over Dokdo, an integral part of Korean territory historically, geographically, and under international law. We urge Japan to immediately retract the unjust claim.”“

  • Economic security experts join President-elect Yoon’s delegation for S. Korea-US policy consultations

    2022.03.30 09:31

    Experts related to China, Japan, economic security, and South Korea-U.S. joint drill have joined President-elect Yoon Suk-yeol’s delegation for South Korea-US policy consultation.According to Yoon’s team on the 29th, Rep. Park Jin of people power party (PPP) will led the delegation. Park earned a master’s degree in administration at Harvard University’s Kennedy School, and served as chairman of the 18th National Assembly’s Foreign Affairs and Trade Unification Committee. Park previously had a talkg with current U.S. President Joe Biden in August 2008, when he visited the U.S. to attend th

  • President-elect Yoon expected to scrap nuclear phase-out policy

    2022.03.11 10:40

    As Yoon Suk-yeol of the main opposition People Power Party won the race for 20th presidential election on the 10th, the current policies such as de-nuclearization are expected to change.This is because one of Yoon’s main pledges is to cancel the current government’s de-nuclearization policy and grow Korea into a nuclear power plant powerhouse.The one-line pledge of “Return to nuclear power generation, become the strongest nuclear power plant powerhouse” posted on the Yoon’s Facebook shows a clear direction of the new government’s future nuclear power plant policy. In particular, Yoon’s

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S. Korean battery makers posts all-time performance despite economic downturn

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