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Evening crowd in Myeong-dong shopping district. (photo: ProjectManhattan / Wikimedia Commons, CC BY-SA 3.0)

Oct 03, 2025 PM EDT - Jason

President Lee Jae-myung Orders Crackdown on Anti-Foreigner Rallies

President Lee Jae-myung has instructed police and relevant ministries to take vigorous action against anti-Chinese and broader anti-foreigner rallies that cross legal lines, arguing that the scenes circulating online are beginning to harm Korea's international reputation. The order asks agencies to coordinate faster on-site responses where intimidation, harassment or incitement are alleged, and to publish clearer guidance so that both organizers and officers understand the thresholds that will trigger intervention. Tourism and culture authorities have been told

Bank of Korea headquarters, Seoul — Photo: Otraff / Wikimedia Commons

Sep 26, 2025 AM EDT - Jason

Korea to Open 24-Hour FX Trading to Woo MSCI Upgrade as Won Tops 1,410

South Korea will move to around-the-clock trading in the won and build an offshore settlement channel, a reform President Lee Jae-myung unveiled to global investors in New York as the currency hovered above ₩1,410 per U.S. dollar. The package is designed to fix long-criticized access frictions and bolster Korea's bid to graduate into MSCI's Developed Markets basket. Reuters first reported the plan,

HICO, Gyeongju — Gyeongju City News (KOGL Type I)

Sep 24, 2025 PM EDT - Jason

Korea–U.S. Tariff Talks Edge Back Into Motion as APEC Gyeongju Nears

South Korea and the United States have nudged their tariff negotiations back into motion, with Seoul signaling that an agreement before or during next month's APEC Leaders' Week in Gyeongju is still on the table. National Security Adviser Wi Sung-lac, traveling with President Lee Jae-myung in New York, told reporters the government is "keeping the summit in mind," adding that if common ground emerges,

Bank of Korea, Seoul — Wikimedia Commons (CC BY-SA 3.0)

Sep 23, 2025 AM EDT - Jason

Lee Warns U.S. Tariff Talks Are Rattling Korea’s FX, Seeks a “Commercially Rational” Deal

South Korean President Lee Jae-myung said in New York that ongoing negotiations with Washington over tariff relief are affecting foreign-exchange sentiment in Korea, while adding that both sides can still reach a "commercially rational" outcome. Lee delivered the remarks during meetings with U.S. lawmakers on the sidelines of the UN week, noting that a large U.S.-bound investment packag

The U.S. Capitol in Washington, where lawmakers face pressure to address visa and labor concerns after the Georgia raid. (Photo: Martin Falbisoner / Wikimedia Commons / CC BY-SA 3.0)

Sep 12, 2025 PM EDT - Jason

South Korea’s President Warns U.S. Immigration Raid Could Deter Korean Investment

South Korean President Lee Jae-myung warned on Friday that the recent U.S. immigration raid at Hyundai and LG's $7.6 billion battery plant in Georgia could discourage Korean companies from expanding their investments in the United States.

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