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…

President Donald Trump is off on his longest international trip yet, stopping in Japan, South Korea, China, Vietnam and the Philippines. There, he is expected to tackle a range of…

As a communist state, North Korea has promised to provide its people with basic services, including healthcare and medical treatment. However, particularly in recent years, the cash-strapped Kim regime has…

With North Korea becoming an increasingly dangerous threat to the U.S. and its allies, it can be all too easy to overlook North Korea’s origins and how its foreign policy…

Many of the news stories about North Korea that make their way into the Western media fall into one of two categories: 1) breaking news about provocations and the nuclear…

From June 16 to 17, South Korean President Lee Jae Myung attended the Group of Seven (G7) Summit in Kananaskis, Canada. This was Lee’s debut on the global stage just thirteen days after he was elected to office. Despite very little time to prepare for multilateral summit meetings, Lee’s attendance offered a timely opportunity to…

In March 2025, South Korea admitted for the first time that the government doctored paperwork and faked the identities of at least 367 children between 1964 and 1999 in a bid for political and economic gains. South Korea’s Truth and Reconciliation Commission (TRC), an independent body established by the government to investigate historical injustices, described…

On May 28, 2025, the U.S. Court of International Trade (CIT) issued a permanent injunction against wide-sweeping tariffs imposed by the Donald Trump administration using the International Emergency Economic Powers Act (IEEPA), which included universal and reciprocal tariffs announced on “Liberation Day” as well as fentanyl-related tariffs. The CIT’s three-judge panel held that the U.S.…

There is ample public opinion data suggesting a link between U.S. attitudes on trade and trade partners. Recent poll results show that Americans favor trade with countries like China less than with allies like South Korea and Japan. One consideration appears to be how Americans think about trade within the broader context of national security.…