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…

From nuclear power in the United Arab Emirates to new free trade agreement negotiations opening with Israel, to South Korean President Park Geun Hye's visit to Iran, 2016 seems to be…

With no shortage of North Korean news in 2016, we look back at one of our interviews with Ambassador John Everard of the UK. He provides an inside perspective of…

After North Korea launched its fourth nuclear test in January 2016, an outraged international community once again cracked down, passing tough sanctions both at the UN and domestic levels. While…

In May 2016, Park Geun Hye became the first South Korean president to visit the African Union headquarters in Ethiopia. This trip, which also included stops in Uganda and Kenya,…

On June 10, Cuba’s first Ambassador to South Korea Claudio Monzón Baeza formally opened his country’s embassy in Seoul. The festive event was held with the South Korean Ministry of Foreign Affairs’ director-general for Latin American affairs and included remarks from the Cuban Ministry of Foreign Affairs’ director-general for Asia and Oceania. The Cuban diplomats…

Attendees at a reception last week by the South Korean Embassy at Tokyo’s New Otani Hotel, held to celebrate the sixtieth anniversary of the normalization of diplomatic relations between South Korea and Japan, were pleasantly surprised when Japanese Prime Minister Shigeru Ishiba showed up to deliver a warm address. He was followed by former prime…

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…