What Happened On March 2, Seoul and Beijing agreed to establish two military hotlines that will connect the South Korean and Chinese navies and air forces in order to prevent military incidents in the region. There are now a total of five military hotlines between South Korea and China; the original three hotlines deal with China’s northern…
March 10, 2021
What Happened Bullying allegations came out against four professional volleyball players in South Korea, two of whom helped the South Korean women's team qualify for the 2020 Tokyo Olympics. Currently, these players are suspended from their teams. The Korea Volleyball Association (KVA) has also banned them from the national team until further notice. While this decision…
March 8, 2021
What Happened There is speculation in South Korea that the Biden administration will strengthen ties between democratic countries to affect U.S. engagement with China. While Seoul has been hesitant to make any moves that might provoke China, former ROK ambassador to the United States Yang Sung-chul noted that the forum can be a means to advance South Korea’s own…
March 4, 2021
What Happened A record number of retail investors - over 2 million - are expected to attend Samsung Electronics’ virtual shareholder meeting in March. A growing number of domestic retail investors have been purchasing Samsung stocks, leading to its value doubling since March 2020. Retail investors make up 99.6% of Samsung Electronics’ shareholders but they only control 6.48% of the company’s…