Latest

  • Ruling party chief resigns following Yoons impeachment
    Ruling party chief resigns following Yoon's impeachment SEOUL, December 16 (AJP) - Han Dong-hoon, leader of the ruling People Power Party (PPP), resigned on Monday, two days after President Yoon Suk Yeol's impeachment over his aborted declaration of martial law earlier this month. "I am stepping down from my position as party leader," Han said during a press conference. Han, who had initially vowed to remain in his position despite mounting pressure to step down, was forced to resign after all five of the PPP's elect December 16, 2024
  • Joint investigation team to summon Yoon again for questioning
    Joint investigation team to summon Yoon again for questioning SEOUL, December 16 (AJP) - A joint investigation team, tasked with probing President Yoon Suk Yeol's abrupt declaration of martial law earlier this month, announced on Monday that it will summon Yoon for questioning on Wednesday over accusations of rebellion and abuse of power. Once held, the questioning is set to take place four days after the National Assembly passed a motion to impeach the president, suspending him from his duties immediately. The impeachment motion was appro December 16, 2024
  • Constitutional Court holds first meeting on Yoons impeachment trial
    Constitutional Court holds first meeting on Yoon's impeachment trial SEOUL, December 16 (AJP) - The Constitutional Court of Korea held its first meeting on Monday to begin deliberations on the impeachment trial of President Yoon Suk Yeol who has been suspended from his duties since last Saturday over his abrupt declaration of martial law early this month. Focusing on the constitutional review of Yoon's short-lived martial law attempt on Dec. 3 and its legality, all six justices are set to outline the key issues and procedural steps required to pr December 16, 2024
  • Korea Zinc claims MBK Partners violated confidentiality agreement
    Korea Zinc claims MBK Partners violated confidentiality agreement SEOUL, December 16 (AJP) - Korea Zinc has filed a complaint to the Financial Supervisory Service (FSS) against private equity firm MBK Partners, alleging violations of a non-disclosure agreement (NDA) in a potential hostile takeover attempt. The complaint centers on accusations that MBK Partners misused confidential information from a 112-page consulting document about Korea Zinc's "Troika Drive" strategy and corporate value forecasts, which was provided during an inve December 16, 2024
  • North Korean media covers Yoons impeachment
    North Korean media covers Yoon's impeachment SEOUL, December 16 (AJP) - North Korea's state media reported Monday on the impeachment of South Korean President Yoon Suk Yeol, two days after the National Assembly passed a motion to impeach him over his short-lived declaration of martial law earlier this month. The North first reported on South Korea's political turmoil on Dec. 11, about a week after Yoon's botched martial law gambit. Describing him as the "ringleader of the rebellion," the official state December 16, 2024
  • OPINION: Trump wants Chinas help in making peace in Ukraine
    OPINION: Trump wants China's help in making peace in Ukraine SEOUL, December 16 (AJP) - U.S. president-elect Donald Trump has invited China's president Xi Jinping to his inauguration on Jan. 20 in a surprise move which appears to be part of a plan to involve Beijing in ceasefire negotiations in Ukraine. Just after his recent meeting with Ukrainian president Volodymyr Zelensky in Paris, Trump posted, "There should be an immediate ceasefire and negotiations should begin," and "China can help." That latter remark has sudd December 16, 2024
  • Democratic Party leader proposes bipartisan body to stabilize country
    Democratic Party leader proposes bipartisan body to stabilize country SEOUL, December 15 (AJP) - Lee Jae-myung, leader of South Korea’s biggest Democratic Party, on Sunday proposed the creation of a bipartisan policy consultative body to stabilize the nation quickly following the impeachment of President Yoon Suk Yeol. Lee also announced a temporary pause on impeachment proceedings against Prime Minister Han Duck-soo, who became acting president automatically after Yoon's impeachment. Speaking at a press conference at the National Assem December 15, 2024
  • Young Koreans lead vibrant, energetic new era of protests
    Young Koreans lead vibrant, energetic new era of protests Participants of a rally demanding the impeachment of President Yoon Suk Yeol display their protest items in Yeouido, Seoul, on Dec. 14, 2024. AJP Im Yoon-seo SEOUL, December 15 (AJP) - Singing and dancing with K-pop light sticks became one of the most captivating scenes at rallies against South Korean President Yoon Suk Yeol in Yeouido, western Seoul, where the National Assembly is located. The purpose of these rallies was reminiscent of the 2016 demonstrations that called for the impe December 15, 2024
  • Bill proposed to halt salary, perks for Yoon Suk Yeol
    Bill proposed to halt salary, perks for Yoon Suk Yeol SEOUL, December 15 (AJP) - An opposition lawmaker has introduced a bill to suspend salary payments and restrict privileges for public officials, including the president, whose duties are halted following impeachment. Rep. Park Yong-gap of the Democratic Party proposed amendments to the National Public Service Act and the Passport Act on Friday. The revisions would immediately suspend all salary payments to public officials once they are impeached by the National Assembly. The b December 15, 2024
  • North Korea silent on Yoons impeachment
    North Korea silent on Yoon's impeachment SEOUL, December 15 (AJP) - North Korea has remained silent on the impeachment of South Korean President Yoon Suk Yeol, a striking contrast to its quick response to similar political upheavals in the past. As of Sunday morning, state-controlled media outlets, including the Korean Central News Agency and the Workers’ Party newspaper Rodong Sinmun, had made no mention of Yoon’s impeachment. This silence differs from Pyongyang’s reaction to the impeachment of form December 15, 2024