ECONOMIC LANDSCAPE IN 2025

Welcome to Press Perspective for this Friday January 3rd here in Seoul. I’m Min Sunhee. Today we touch upon prospects for the global economy this year as seen by the press and pundits. For this I have Steven Borowiec with Nikkei Asia Steven it’s great to have you on. I also have Professor Oh Joon-seok … Read more

Acting President Choi chairs F4 macroeconomic meeting on Fri.

Acting President Choi Sang-mok chaired a macroeconomic meeting on this Friday his first since taking over the presidential duties. At the so-called F4 gathering of top finance officials he underscored the importance of maintaining around-the-clock market monitoring to allow for prompt response measures. Choi also pledged to preside over weekly meetings in line with his … Read more

S. Korean Crypto mogul Do Kwon pleads not guilty to fraud charges in U.S.

Disgraced crypto entrepreneur Kwon Do-hyeong also known as Do Kwon pleaded “not guilty” to charges of fraud in his first court appearance in the U.S. The plea was placed at a Manhattan federal court on Thursday following his extradition from Montenegro on Tuesday. According to authorities investors across the globe were affected by the 40 … Read more

Rival parties clash as CIO suspends execution of arrest warrant for Yoon

Rival political parties have also voiced their respective thoughts regarding the attempt to arrest the suspended president. The ruling People Power Party condemned the attempt calling it “an abuse of power”. Its Emergency Leadership Committee Chair Kwon Young-se also accused relevant authorities of overstepping their boundaries and vowed to take action should they continue to … Read more

Constitutional Court fixes impeachment trial dates for President Yoon

A second pre-trial hearing took place at the Constitutional Court this afternoon. For details I have Oh Soo-young standing by live at the venue. Soo-young I hear today’s session stretched on quite a bit amid some tense words between the two sides? Yes, the hearing was expected to take around 40 minutes like last time, … Read more

A sneak peek at K-culture in 2025

Up next we share with you some of the K-pop plans for the music stage this year as well as the K-productions to hit the big and small screens in 2025. Our culture correspondent Song Yoo-jin has more. If you’re curious about some of the K-culture events and content coming up this year, this is … Read more

Yoon avoids detention for now as CIO backs down after 5-hour stand-off with security staff

A tense confrontation took place at President Yoon Suk Yeol’s residential compound earlier today between his security officials and authorities seeking his arrest. Our correspondent Kim Do-yeon reports. The first ever attempt to detain a sitting president was halted after a 5-hour stand-off between investigators and the Presidential Security Service, that included, some physical confrontations. … Read more