Martial Law’s Legacy Continues Shaping South Korea’s Political Climate One year after the short-lived martial law declaration, South Korea still grapples with the hostility it unleashed. The brief decree fundamentally altered political identities and continues influencing how parties engage with one another. The crisis deepened mistrust among supporters of major parties, embedding a long-lasting sense…
BANGKOK — November 16, 2025 — Thailand’s economy contracted more sharply than expected in the third quarter, signaling mounting challenges for Southeast Asia’s second-largest economy as manufacturing and tourism both weaken. According to the National Economic and Social Development Council (NESDC), gross domestic product fell 0.6% from the previous quarter, marking the worst performance since…
NEW YORK — November 14, 2025 — The Korea Society, in partnership with the Consulate General of the Republic of Korea in New York, has announced a special forum titled “U.S.–Korea Economic Relations in a New Tariff Era: Economic and Industrial Perspectives.” The event brings together leading economists, policymakers, and industry experts to discuss how…
SEOUL, SOUTH KOREA — November 9, 2025 — Asian equities surged on Monday as investors returned to risk assets following last week’s AI-driven selloff. South Korea’s Kospi Index led the region’s recovery with a 3.02% gain, driven by sharp advances in banking and insurance stocks. Asian Markets Rebound After Tech-Fueled Losses Across the Asia-Pacific region,…
Solana Broadens Its Stablecoin Initiatives in South Korea Solana has revealed a significant collaboration with Wavebridge, a prominent blockchain infrastructure firm in Korea, aimed at developing a stablecoin pegged to the Korean won. The partnership seeks to provide a completely compliant, institutional-quality tokenization solution in South Korea’s rapidly developing digital finance landscape. This collaboration marks…
Avalanche Emerges as a Significant Force in South Korea’s Blockchain Ecosystem Avalanche is swiftly establishing itself as a crucial component in South Korea’s digital transformation. The design facilitates rapid transactions, adherence to regulations, and smooth user interactions across various industries. The integration of Avalanche showcases the nation’s mobile-first culture and its policy-driven approach, spanning from…
South Korea’s leading retailer, Lotte Shopping Co. Ltd., hosted its 2025 CEO IR Day at The Westin Singapore on September 17, marking its third consecutive year in the city. The event reinforced the company’s long-term commitment to Southeast Asia expansion, AI-powered retail transformation, and shareholder value creation. Lotte Shopping’s Global Vision Vice Chairman and Group…
Crypto Crime Syndicate Targets BTS’s Jungkook South Korean police have arrested 18 suspects linked to a $28 million hacking ring accused of stealing from celebrities and executives. Among the victims was BTS star Jungkook, whose HYBE shares were targeted in an $8.4 million fraud attempt that was foiled before losses occurred. Authorities say the syndicate…
South Korea Moves to Legalize ICOs A South Korean lawmaker has introduced draft legislation that could bring back initial coin offerings (ICOs) and create a broader regulatory framework for digital assets. Proposed by Democratic Party lawmaker Lee Kang-il, the bill would replace the 2017 ICO ban with a disclosure-based system. It defines nine categories of…
The Raid That Stunned an Ally Nearly 500 armed officers stormed Hyundai Motor Group’s EV battery plant construction site in Georgia, detaining 475 workers—most of them South Korean nationals. Workers described the raid as chaotic, with some hiding in ducts and others fleeing into a sewage pond before being caught. The incident immediately froze construction…
