South Korea to boost EV subsidies in 2026 as automakers brace for U.S. tariff shock
South Korea will significantly increase its electric-vehicle subsidies next year as part of a sweeping support package aimed at shielding its auto industry from the financial strain of steep U.S. tariffs. The government confirmed that EV subsidies will rise by roughly 20 percent in 2026, bringing the total allocation to about 936 billion won (around […]
South Korea aims to be world’s 4th-largest defence power by 2030
South Korean President Lee Jae‑myung declared that his nation is aiming to rank among the world’s top four defence powers by 2030, signalling a major shift in military-industrial policy and investment strategy. Speaking at the opening of the Seoul International Aerospace & Defense Exhibition (ADEX) 2025, South Korea’s largest-ever arms fair, Lee said the government would allocate […]
South Korean president Yoon Suk Yeol detained amid political turmoil
In a surprising turn of events, South Korean President Yoon Suk Yeol was arrested on insurrection charges. This marks the first time a sitting president in South Korea has faced such legal action. Background and Impeachment To begin with, Yoon declared martial law on December 3, 2024, citing threats from “anti-state forces.” However, his decision […]
North Korea fires ballistic missile as Blinken meets South Korean officials
On January 6, 2025, North Korea launched a ballistic missile into the sea. This occurred while U.S. Secretary of State Antony Blinken was holding meetings with South Korean officials in Seoul. Specifically, the missile traveled eastward, covering 1,100 kilometers (680 miles). It eventually landed in waters between the Korean Peninsula and Japan. Consequently, South Korean […]
Fire breaks out at commercial building in South Korea
A significant fire erupted on Friday, January 3, 2025, at a commercial building in Seongnam, South Korea. The blaze began around 4:30 p.m. in a restaurant on the first floor and rapidly spread throughout the eight-story structure. Over 200 individuals evacuated the building. Emergency services rescued approximately 240 people, while another 70 managed to exit […]
South Korean guards prevent impeached President Yoon’s arrest amid tense standoff
On January 3, 2025, South Korean presidential guards and military troops blocked the arrest of impeached President Yoon Suk Yeol after a tense six-hour standoff at his residence in Seoul. The standoff occurred after a court issued an arrest warrant for Yoon, accusing him of insurrection. The charges stem from his controversial declaration of martial […]
South Korean court issues arrest warrant for President Yoon Suk Yeol
South Korea has entered uncharted political territory as a court approves an arrest warrant for its suspended president, Yoon Suk Yeol. He was impeached in mid-December after declaring martial law on December 3, a decision he reversed within hours due to parliamentary backlash. The move ignited a political crisis and alarmed international observers. The Corruption […]
