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.…

    In the mid-1990s, North Korea experienced a famine that by some estimates wiped out 10 percent of the population. Though many at the time thought the regime would…

      Over the last decade, China has become an increasingly important country for South Korea has it has emerged as Seoul’s largest trading partner and a leading player…

    On April 8, North Korea withdrew all of its workers from the Kaesong Industrial Complex, temporarily placing on hold the last form of cooperation between North and South…

South Korea’s nuclear energy industry has for decades been facilitated through close cooperation with counterparts in the United States under what is known as a “123 Agreement”.  Today South Korea’s…

By Mark Tokola The story of Kim Jong-nam’s assassination took a bizarre turn with the announcement by Malaysian authorities that the cause of death was a banned chemical weapon, the nerve agent VX.  It is only supposed to be held in limited quantities by the United States and Russia. However, it has been reported that…

By Juni Kim The 2017 Oscars, the U.S. film industry’s top awards show, will take place in the heart of Hollywood this Sunday. Among the nominated films for Best Picture, the modern musical La La Land has emerged as the clear frontrunner with its unprecedented 7 Golden Globe awards and a record-tying 14 Oscar nominations.…

By Patrick Niceforo Last year, North Korea dominated international headlines with stories about their satellite launch, ballistic missile launches, and two nuclear tests. However, another interesting phenomenon did not receive as much media attention. In 2016, while Thae Yong-ho’s defection from North Korea’s London embassy was widely covered, a total of 1,418  North Korean refugees…

By William Brown Beijing’s Commerce Ministry surprised everyone on Friday, announcing a halt to imports of any coal from North Korea in 2017, a much deeper reduction than was called for by the November 30 UNSC resolution, which allows 7.5 million tons for the year, worth up to $401 million.  Only Beijing knows the reasoning…