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SEOUL — South Koreans vote to elect a new parliament on April 10 in a bitterly fought race seen by some analysts as a referendum on President Yoon Suk-yeol, whose popularity has suffered amid a cost of living crisis and a spate of political scandals.
South Koreans are heading to the polls today to select a new Parliament after a particularly fraught campaign. The general election, the first since President Yoon Suk-yeol won the presidency in 2022, is seen as a midterm referendum on his leadership.
In the two years since he was elected, President Yoon Suk Yeol has made his mark in foreign policy, forging deeper ties with the United States and Japan. But his business-friendly domestic agenda has been stalled by his own missteps and an opposition-controlled Parliament.
SEOUL -- Polls opened Wednesday in pivotal legislative elections in South Korea, as voters cast ballots in what will serve as an assessment of the administration of conservative President Yoon Suk Yeol, who is struggling with unpopularity, near the halfway mark of his single five-year term.
WASHINGTON -- The ratio of leases among electric vehicle sales in the U.S. has risen as high as 90% for some models, as overseas automakers take advantage of a loophole that allows some foreign-made cars to receive the same tax credits as those assembled in America.
This is CNBC's live blog covering Asia-Pacific markets.
Dry-aged rib eye steak, cherry blossoms and the music of Paul Simon are on tap for more than 200 guests who are expected to attend a swanky White House state dinner on Wednesday to celebrate the relationship between the United States and Japan.
SEOUL, South Korea (AP) — South Koreans vote Wednesday in a hotly contested parliamentary election that’s largely seen as a referendum on conservative President Yoon Suk Yeol and a possible sign of a deepening domestic divide.