Asia

Korea’s regulatory environment is often cited as being one of the most difficult aspects of doing business in Korea. Among the various regulations that foreign invested companies and foreign investors…

Well-functioning capital markets should encourage private saving and investment by channeling surplus funds to reach their most productive uses. In the process, well-functioning capital markets create a diverse menu of…

During the 1972 U.S. presidential campaign, “Deep Throat,” later revealed to be Associate Director Mark Felt of the FBI, counseled Washington Post journalists Bob Woodward and Carl Bernstein to “follow…

After the Asian financial crisis of 1997, the Korean government geared up to carry out financial restructuring. As a result, the number of domestic financial institutions stood at almost half…

Now that Trump has met Kim, and with the Singapore Summit laying out the beginning of a path to denuclearization, analysts are still trying to figure out if Kim Jong…

South Korea's government has increased its focus on different forms of diplomacy in recent years, from the more traditional government-to-government outreach of the Moon Administration's North Korea policy to a…

With the world's attention on Singapore on June 12, U.S. President Donald Trump and North Korean Leader Kim Jong Un walked across a stage flanked by American and North Korean…

With U.S. President Donald Trump and North Korean Leader Kim Jong Un headed to Singapore next week for the first ever U.S.-DPRK summit, people around the world are watching to…

The debate over sovereign artificial intelligence (AI) highlights the need and desire for nations to develop their own AI systems, including large language models (LLMs), tailored to their unique cultural and historical contexts. This idea has gained traction in Seoul, where US LLMs like ChatGPT have often fallen short in addressing questions that require a…

Contributors (last name alphabetical): Je Heon (James) Kim, Joo Young Kim This timeline is a second part of a series that covers “major events” in the aftermath of South Korean President Yoon Suk Yeol’s declaration of martial law on December 3, 2024. This part covers the events from Prime Minister Han Duck-soo’s assumption of the Acting Presidency until his impeachment. The timeline will periodically update in reverse…

Both North Korea and South Korea sought to redefine their relationship in 2024. In the past, both countries have publicly affirmed that the unification of the two Koreas is a national priority, but the two governments have engaged in low-level hostilities and high-level denunciations, while little concrete effort has been made to bring the two…

South Korea faced the prospect of political paralysis and a protracted constitutional crisis resulting from the declaration of martial law by President Yoon Suk Yeol and its dismissal hours later by a National Assembly resolution. On December 3, Yoon announced at 22:25 his intent to impose martial law “to eradicate pro-North Korea forces and protect…