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…

On this week’s episode, we welcome back Victoria Kim, a researcher and multimedia journalist. When she last joined us in 2016, Victoria discussed her project “Lost and Found in Uzbekistan:…

The Trump Administration is once again considering using Section 232 to impose tariffs on imported goods based on a threat to national security. The President originally used this provision to…

On August 1, the remains of what are believed to be 55 American servicemen lost during the Korean War finally returned home, arriving in Hawaii to begin the long process…

Ghosts and goblins are everywhere in Korean folktales, causing havoc for people through their antics. Equally common are the shamans who act as intermediaries, helping offer solutions to life's supernatural…

South Korea has found itself at the center of forward momentum on the international governance and deployment of artificial intelligence (AI). Korea was one of the first countries to develop a national AI strategy. It also co-hosted the 2024 AI Safety Summit and the second summit on Responsible AI in the Military Domain (REAIM) and…

Lawmakers from South Korea’s two major political parties have a notoriously difficult time agreeing on much of anything. However, one issue that enjoys bipartisan support is reforming the country’s espionage law, a proposal now under consideration in the National Assembly. The focus is on updating Article 98 of the Criminal Act as the legislation, in…

The visit by Japanese Prime Minister Kishida Fumio to South Korea earlier this month created a few ripples. No major announcements were made, and the two leaders pledged to continue efforts to bolster ties. In South Korea, the opposition Democratic Party issued a somewhat ritual denunciation of the Yoon Suk-yeol government for “undermining national interest…

Former President Donald Trump’s campaign position to implement tariffs of up to 10 percent—or even 20 percent as his pronouncements have suggested—has grabbed the attention of the international business community. It was also featured prominently in the first and possibly only debate between Trump and Vice President Kamala Harris. Already, analysts are concerned about the…