South Korea declined to comment Wednesday on revelations that the United States talked it down from launching a retaliatory air strike on North Korea in 2010. The claims were made in the newly published memoir of former US defense secretary Robert Gates, in which he also describes former South Korean president Roh Moo-Hyun as "probably a little bit crazy".
SEOUL, Korea, Republic Of — Late North Korean leader Kim Jong Il repeatedly pushed for summit talks with South Korea before his 2011 death but the plans failed because Pyongyang demanded $10 billion and large-scale shipments of food and fertilizer, a former South Korean president says in a memoir to be published next week.
SEOUL, South Korea — South Korea’s prime minister has offered to resign amid a bribery scandal just two months after he took up the country’s No. 2 post, officials said Tuesday, in the latest political crisis to hit President Park Geun-hye.
Lee Wan Koo has been at the center of a corruption scandal that flared after a businessman killed himself earlier this month, leaving a memo listing the names of eight high-profile figures he claimed to have bribed. Most of the eight men, including Lee, are considered as close associates of Park.
ETF Database submits: South Korea is home to one of the world’s most unique and promising economies, thriving off of its status as a tech leader as well as proximity and strong relationships with many of Asia’s rapidly-expanding emerging markets. But constantly looming over South Korea is the unstable relationship with its neighbor to the north, one of the world’s most closed and volatile regimes in North Korea.