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What Happened In the ongoing investigation into whether Samsung manipulated stock prices to facilitate a merger between two subsidiaries, Korean prosecutors faced scrutiny for ignoring independent recommendations against an indictment. Domestic pundits now add that continuing the investigation into Samsung may strengthen hedge fund Elliott Management’s legal case against the Korean government. This comes amid growing anxiety that legal probe into…

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September 17, 2020

By James Constant In July, the New York Times announced that it would move its Hong Kong-based digital news operation to Seoul over the course of the next year in response to the Chinese territory’s powerful new national security law, which went into effect in June. Already, press freedom in Hong Kong has come under…

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September 16, 2020

What Happened Pastors in South Korea claim that church-linked COVID-19 outbreaks have tainted the public image of churches in the country. Most recently, a church in Seoul emerged as the source of the country’s second largest infection cluster following a spike in cases associated with a religious sect in Daegu earlier this year. A 2015 Gallup Korea poll finds that more…

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September 15, 2020

By Randall S. Jones The steep upward trend in housing prices has become a key social and economic issue in Korea. The failure of government policies to stabilize housing prices is blamed for a sharp fall in President Moon’s approval rating from 71% in early May, when he received credit for effective policies to stop…

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September 14, 2020