Asia

Korea’s economy in the year 2005 demonstrated that it is picking up significant positive momentum, although the full-year performance in 2005 showed mixed results. Korea’s real gross domestic product (GDP)…

Korea is in the midst of the most rapid demographic transition of any member country of the Organization for Economic Cooperation and Development (OECD); the share of Korea’s population older…

There are few areas about which there is a greater range of opinions among international monetary experts than the issue of exchange rate regimes. Eminent economists can be found who…

In 2005, the Korean government implemented a number of new financial policies. Of those, two policy measures deserve special attention because of their potentially significant impact on domestic financial markets.…

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…

What Happened In 2019, Korean Internet Service Provider (ISP) SK Broadband claimed that heavy data usage by the U.S. streaming service Netflix posed a major financial burden and sought government arbitration. Local online platforms have also complained of reverse discrimination as domestic platforms pay substantially more in network usage fees than foreign ones. In response to a new law…

What Happened As vaccines begin wider distribution in Korea, the digitally literate youth are at a significant advantage in finding appointments over the elderly who are at a greater risk of infection. Police reported that social media users admitted to using tools like automated keystroke sequences to increase their chances of finding vaccine appointments. Vaccine scarcity and the zeal of…

As a result of more South Koreans choosing to stay at home since the start of the pandemic, Netflix saw its subscribers soar in the country. This rise in demand has prompted the streaming giant to invest USD 500 million in creating new Korean content and cement its position as a leader in the Korean streaming market.…

What Happened Lawmakers have proposed two new bills to ban the discrimination of individuals based on gender, ethnicity, age, and other identities. A petition calling for the bill to be brought to the National Assembly’s Legislation and Judiciary Committee has gained traction, receiving over 100,000 signatures within 30 days. Even with overwhelming support from the public, anti-discrimination laws have…