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SEOUL -- South Korean stocks saw net purchases by foreign investors triple on the year in January through March to 15.8 trillion won ($11.6 billion), driven by an appetite for relatively cheap chip stocks amid the artificial intelligence boom.
President Biden welcomed Fumio Kishida, Japan’s leader, for a state visit yesterday in Washington. A few hours after we send this newsletter, the two will sit down for a state dinner in Kishida’s honor, a distinction the U.S. reserves for only its closest allies.
SEOUL -- South Korean President Yoon Suk Yeol's ruling party appeared set for a significant defeatin national legislative elections held on Wednesday, results of exit polling released by three major South Korean broadcasters showed, with the main opposition party projected to increase its majority.
South Korea’s parliament is set to remain in the hands of liberals for another four years, with the ruling conservative party facing a defeat in parliamentary elections widely seen as a midterm referendum on President Yoon Suk-yeol.
SEOUL -- South Korean President Yoon Suk Yeol's ruling party appeared set for a significant rebuke in national legislative elections held on Wednesday, results of exit polling released by three major South Korean broadcasters showed, with the main opposition party projected to increase its majority.
NewJeans, one of the biggest K-pop acts, has asked a federal court in California to order Google to release the identity of the person behind a YouTube account that the members say is spreading defamatory statements about them.
A court in Jinju, about 280km from Seoul, ordered the man to pay 2.5 million won (US$1,850) in compensation to the shop’s owner and 10 million won (US$7,400) to a customer who was injured while trying to stop the attack in November last year.
Saurabh Todi is a research analyst at the Takshashila Institution, a policy think tank based in Bengaluru.