Asia

Korea’s money market includes the call market as well as markets for monetary stabilization bonds (MSBs), negotiable certifi cates of deposit (CDs), repurchase agreements (repos), commercial paper (CP), and cover…

This article investigates the progress in corporate governance reform in Korea since 1997 as well as current corporate governance challenges. It focuses on corporate governance issues and, as such, does…

According to a preliminary estimate by the Bank of Korea on 4 January 2008, Korea’s per capita gross domestic product (GDP) and per capita gross national income (GNI), which adjusts…

The year 2007 displayed remarkable progress in Korea-U.S. economic relations on many different levels. At the global level, our two countries have worked closely together to meet international challenges. For…

When you hear about trilateral cooperation between the United States, South Korea and Japan in the news, people are usually talking about how these three countries can work together to…

In this episode, Korean Kontext speaks with Ms. Jie-ae Sohn, President of Arirang TV & Radio, Korea's first English language international broadcast system. Ms. Sohn worked as the former CNN…

Last week, the news of a high-level defection by a North Korean diplomat stationed in London captivated North Korea watchers. For the next few says, analysts and the media speculated…

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…

If we thought North Korea and Russia grew too close for comfort in 2023, they continued to surprise the world this year by taking bold and unprecedented steps to elevate their relations to new heights. The highlights are the new “DPRK-Russia Treaty on Comprehensive Strategic Partnership,” signed during Putin’s visit to Pyongyang in June, and…

The Yoon Suk-yeol administration’s signal foreign policy achievement is arguably the forging of trilateral security cooperation between the Republic of Korea (ROK), Japan and the United States. During the past year, the leaders of all three nations have moved unusually quickly to institutionalize the structure of cooperation. The desire to consolidate progress seems to have…

This year began with a trip by Secretary of the Navy Carlos Del Toro to visit Korean shipyards and court Korean investment in US shipbuilding. In June 2024, Hanwha Ocean made a bid to purchase Philly Shipyard and secure a foothold for Korean shipbuilding in the United States. While Hanwha Ocean had previously bid for…

As multiple conflicts abroad caused ripples through the world of commerce and trade, the United States and South Korea came into the year broadly aligned on strategies to derisk and diversify supply chains, extending efforts to limit single country reliance on key material imports and integrating national security with economic security. Investments in advanced manufacturing…