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Tag: Yoon Suk-yeol

How South Korea’s AS21 Redback IFV Won out in Australia

AdvertisementOn July 26, 2023, multiple media reports emerged regarding Hanwha Defense’s successful tender for a multi-billion dollar contract to provide Australia with 129 AS21...

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China’s Bullying Proves South Korea’s Yoon Is on the Right Track

An escalating war of words between Beijing and Seoul is raising pressure on South Korean President Yoon Suk-yeol to take a softer...

Will Japan and South Korea Issue a New Joint Declaration?

AdvertisementWith Japan-South Korea relations improving rapidly for the past several months, there are growing calls for an early adoption of a new Japan–South Korea...

US Flies Nuclear-Capable Bombers to Korean Peninsula

AdvertisementThe United States flew nuclear-capable bombers to the Korean Peninsula on Friday in its latest show of force against North Korea, days after the...

Bitcoin Enters Party Politics in South Korea

A relatively young South Korean lawmaker, Kim Nam-kuk, of the Democratic Party invested 6 billion won ($4.5 million) in Wemix, a crypto token by...

Will the New Nuclear Consultative Group Alleviate South Korea’s Deterrence Concerns? 

AdvertisementDuring South Korean President Yoon Suk-yeol’s state visit to Washington honoring the 70th anniversary of the alliance between the United States and South Korea,...

Japan Deploys PAC3 Interceptor System for North Korea Spy Satellite Launch

AdvertisementJapan’s Self-Defense Forces (SDF) are deploying ground-based Patriot Advanced Capability-3 interceptor missiles and Aegis-equipped destroyer warships carrying sea-based Standard Missile-3 interceptors to prepare for...

South Korean Crypto Sector Slowly Recovering from Terra Luna Collapse

The collapse of stablecoin TerraUSD in 2022 knocked out more than $60 billion from the crypto market in a single week. However, the hardest-hit...

Singapore’s Alchemy Pay eyes South Korea expansion with US$10 mln funding

Alchemy Pay, a payment platform that links businesses to cryptocurrency payments, is eyeing expansion in South Korea following its US$10 million funding from a...

South Korea sets record space budget to bolster industry, develop new rocket

SEOUL, South Korea — South Korea will spend 874.2 billion won ($674 million) on space programs this year to expand its domestic space industry,...

Will Korea Aerospace Industries Be Privatized?

AdvertisementKorea Aerospace Industries (KAI) has played a pivotal role in developing South Korea’s domestic technical capacity for aircraft manufacturing. KAI has license-produced F-16 fighter...

North Korea Demands South Korea, US Halt Joint Military Drills

AdvertisementOn Sunday, North Korea exhorted South Korea and the U.S. to halt their joint military drills immediately.“Recently, the U.S. and South Korea have put...

South Korea Defense Report Revives ‘Enemy’ Label for North

AdvertisementSouth Korea called North Korea “our enemy” in its biennial defense document published Thursday, reviving the label for its rival for the first time...

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