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1.Acting President Choi Sang-mok on Tuesday issued a New Year's message, and pledged comprehensive efforts to help stabilize state affairs, highlighting what he called an "unprecedentedly" grave situation facing the country.
2.The Central Disaster and Safety Countermeasure Headquarters confirmed Wednesday that all 179 victims of the tragic Jeju Air plane crash have been identified, four days after the accident.
3.According to data compiled by the Ministry of Trade, Industry and Energy on Wednesday, South Korea's exports advanced 8.2 percent on-year in 2024 to set a new annual record on robust shipments of semiconductors. Outbound shipments came to 683-point-eight billion U.S. dollars last year.
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1.The Seoul Western District Court on Tuesday approved a request from the Corruption Investigation Office for High-ranking Officials to issue a warrant to detain impeached President Yoon Suk Yeol over his botched martial law imposition, making him the first sitting South Korean president to face arrest.
2.The Minister of Land, Infrastructure and Transport said Tuesday 174 of the 179 victims of the Jeju Air plane crash had been identified as of 9 a.m.
3.According to data compiled by Statistics Korea on Tuesday, consumer prices, a key gauge of inflation, increased 2.3 percent on-year in 2024, the slowest pace in four years.
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1.A Jeju Air passenger jet carrying 181 people from Bangkok sped off the runway and burst into flames at Muan International Airport on Sunday morning. Two crew were rescued in what was the country’s worst air disaster in decades.
2.Acting President Choi Sang-mok on Monday mourned the victims of the tragic Jeju Air plane crash as he visited a memorial altar in the southwestern county of Muan. The government has declared a seven-day national mourning period until midnight Saturday.
3.A joint investigation team said Monday it has sought an arrest warrant for President Yoon Suk Yeol over his short-lived imposition of martial law, making him the first sitting president to face arrest.
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1. A motion to impeach acting President Han Duck-soo passed unanimously in a 192-0 vote at the National Assembly, marking the first time an acting president was impeached by the parliament.
2.The South Korean currency dipped further against the U.S. dollar to its lowest level in nearly 16 years Friday, amid deepening political crisis. The Korean won opened at 1,467.5 won per dollar, and fell further to 1,480.2 won at around 10:58 a.m. The dollar was quoted at 1,467.5 won, as of 3:30 p.m.
3.South Korea's National Intelligence Service said Friday that a North Korean soldier was captured by Ukraine, but died due to worsening wounds. The information was reportedly confirmed through real-time information sharing with intelligence authorities of one of its allies.
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1.The opposition-controlled National Assembly on Thursday passed motions to appoint three Constitutional Court justices. The main opposition Democratic Party also submitted an impeachment motion against acting President Han Duck-soo and reported it to a parliamentary plenary session.
2.The South Korean currency continued its depreciation against the U.S. dollar on Thursday, dipping to its lowest level in more than 15 years. The won was quoted at one-thousand-464-point-8 per dollar at 3:30 p.m. Thursday, down eight-point-four won from the previous session.
3.According to local officials, an Azerbaijan Airlines flight with 67 people onboard crashed Wednesday near the Kazakhstani city of Aktau, killing 38 people and leaving 29 survivors.
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1.Churches and cathedrals across South Korea on Wednesday, Christmas Day, celebrated the birth of Baby Jesus while reflecting on the meaning of democracy in light of the recent December 3rd martial law crisis.
2.Yoon Suk Yeol on Wednesday defied summons for questioning by the Corruption Investigation Office for High-ranking Officials over his short-lived declaration of martial law, marking the second time he has refused to comply with the joint investigation team’s request.
3.Foreign Minister Cho Tae-yul and his Chinese counterpart, Wang Yi, reaffirmed efforts to advance bilateral ties in a phone conversation Tuesday. It was their first discussion following Yoon Suk Yeol's botched martial law imposition in South Korea.
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1.Acting President Han Duck-soo on Tuesday urged the National Assembly to produce a solution regarding two special counsel bills targeting Yoon Suk Yeol and Kim Keon-hee as well as the appointments of three justices to the Constitutional Court.
2.According to the Ministry of the Interior and Safety on Tuesday, South Korea has formally become a "super-aged" society, as the share of its population aged 65 or over surpassed 20 percent.
3.South Korea's Vice Foreign Minister Kim Hong-kyun and U.S. Deputy Secretary of State Kurt Campbell on Monday held their first talks in Washington after Yoon Suk Yeol’s short-lived martial law imposition. The two countries agreed they should prepare against the possibility that Pyongyang could "misjudge" the current political situation in Seoul.
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1.The Constitutional Court said Monday it will hold the first preparatory hearing in Yoon Suk Yeol's impeachment trial on Friday as planned. The Court said Yoon will be considered to have been served the necessary documents regardless of whether he received them, as they were delivered by the postal service last Friday.
2.South Korea's first vice foreign minister Kim Hong-kyun, who is visiting the United States, said the government has explained the country's situation related to Yoon Suk Yeol’s botched martial law attempt and his impeachment to U.S. President-elect Donald Trump's team.
3.The Korea Electric Power Corporation said Monday it plans to freeze the adjusted fuel cost for the first quarter of 2025. KEPCO said it will keep the adjusted unit fuel cost, a key part of the country's electricity rates, unchanged at five won per kilowatt-hour for the January-March period.
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1.A spokesperson for the Constitutional Court said Thursday that documents the Court had sent to President Yoon Suk Yeol regarding his impeachment trial were returned and refused for the third time. The court will announce next Monday how the failed document deliveries would reflect in the trial proceedings and consider alternatives.
2.The South Korean currency stayed near its lowest level in more than 15 years Friday as political turmoil continues in South Korea. The won was quoted at 1,451.4 per dollar at 3:30 p.m., up 0.5 won from the previous session.
3.During a UNSC briefing on Thursday, South Korea's Ambassador to the UN Hwang Joonkook said that if artificial intelligence is utilized by irresponsible actors such as North Korea, it could exacerbate the risks of Weapons of Mass Destruction proliferation or advanced cyberattacks.
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1.The South Korean won weakened past one-thousand-450 won against the U.S. dollar on Thursday, reaching its lowest point in 15 years. The local currency opened at one-thousand-453 won per dollar, following a U.S. rate cut made the previous day.
2.During an extraordinary Cabinet meeting on Thursday, Acting President Han Duck-soo vetoed six contentious bills, marking his first use of presidential power since assuming interim leadership after President Yoon Suk Yeol was impeached and suspended from office over a failed martial law bid.
3.The National Intelligence Service briefed the parliamentary Intelligence Committee in a closed-door meeting Thursday morning and reportedly said at least 100 North Korean troops dispatched to Russia for combat in Ukraine were killed and 1,000 injured.
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1.The Supreme Prosecutors Office said Wednesday the prosecution has decided to transfer its martial law-related investigation into President Yoon Suk Yeol and former Interior Minister Lee Sang-min to the Corruption Investigation Office for High-Ranking Officials, amid concerns that multiple agencies handling the same case could lead to overlap issues.
2.The UN General Assembly adopted a resolution on Tuesday condemning human rights violations by North Korea and called for efforts to address the issue. The resolution was passed by consensus without a vote, making it the 20th of its kind since 2005.
3.According to Reuters and AFP, a U.S. military official said Tuesday that hundreds of North Korean troops have been killed or wounded in battle against Ukrainian forces in Russia’s Kursk region.
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1.President Yoon Suk Yeol’s legal defense team said Tuesday that Yoon will state his position in court if a public hearing is held in his impeachment trial, and that the president believes he is innocent of the crime of insurrection.
2.The ruling and main opposition parties remained at odds Tuesday over whether to fill in three vacancies of the nine-member Constitutional Court that will handle President Yoon Suk Yeol’s impeachment trial.
3.South Korea on Tuesday said it will impose sanctions on North Korean military officers that have been deployed to Russia in support of its war against Ukraine. The announcement came after South Korea, the U.S., and EU condemned deepening military cooperation between North Korea and Russia.
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1.The National Assembly on Saturday passed an impeachment motion against President Yoon Suk Yeol over his short-lived imposition of martial law on December 3rd, suspending his presidential powers as of 7:24 PM. The motion passed 204-85, with three abstentions and eight invalid ballots.
2.The Constitutional Court said it will hold its first meeting of its justices on Monday to review the parliamentary impeachment of President Yoon Suk Yeol, and hold the first preparatory hearing on December 27th.
3.Acting President Han Duck-soo held phone talks with U.S. President Joe Biden on Sunday and vowed to maintain and develop the two countries' alliance. Biden voiced confidence in South Korea's democracy while also noting its resilience, according to Han's office.
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1.The Ministry of Economy and Finance said Friday in its monthly economic report, the Green Book, that the South Korean economy faces "downside risks" due to uncertainties at home and abroad despite signs of stabilizing inflation.
2. A court decision on the formal arrest of Cho Ji-ho, the commissioner-general of the Korean National Police Agency, and Kim Bong-sik, the head of the Seoul Metropolitan Police Agency, is expected to be made late on Friday. The two have been accused over their roles in President Yoon's martial law imposition.
3.The U.S. State Department released the 2023 Country Reports on Terrorism on Thursday, and has kept North Korea on its list of state sponsors of terrorism, noting the reclusive regime repeatedly supported acts of international terrorism.
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1.President Yoon Suk Yeol on Thursday defended his botched martial law declaration as an act of governance and denied insurrection charges facing him, while vowing to fight until the last moment against whether it is impeachment or a martial law probe.
2. Six opposition parties on Thursday submitted a second impeachment motion against President Yoon Suk Yeol over his botched martial law declaration last week, with a vote scheduled for December 14th.
3.The National Office of Investigation under the police agency said on Wednesday that it decided to conduct a joint investigation with the Corruption Investigation Office for High-ranking Officials and the defense ministry for a prompt and efficient probe into the December 3rd Martial law incident.
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1.South Korean novelist Han Kang has made history as the first South Korean and first Asian woman to receive the Nobel Prize in literature. Han received a diploma and a Nobel medal on Tuesday at the Concert Hall in Stockholm, Sweden.
2.The Democratic Party said Wednesday they plan to submit a second impeachment bill against President Yoon Suk Yeol on December 12th, citing the delay to ongoing revelations of his alleged acts of insurrection. A vote on the second impeachment bill against Yoon will be held at 5 p.m. Saturday.
3.Police raided the presidential office Wednesday to investigate charges that President Yoon Suk Yeol staged an insurrection by briefly imposing martial law last week. A warrant for the search listed Yoon as the suspect.
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1.The Seoul Central District Court is set to convene a hearing to review whether to arrest former Defense Minister Kim Yong-hyun on charges of colluding with President Yoon Suk Yeol to commit insurrection. The result is expected to come out as early as late Tuesday.
2.The National Assembly on Tuesday passed a bill mandating a permanent special counsel to investigate treason charges against President Yoon Suk Yeol over his attempt to impose martial law.
3.The benchmark KOSPI rose 57-point-26 points on Tuesday to close at two-thousand-417-point-84. A bill to abolish the financial investment income tax also passed Tuesday's plenary session.
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1.A motion to impeach President Yoon Suk Yeol over his short-lived attempt to impose martial law was scrapped Saturday due to a lack of quorum, raising uncertainties about South Korea’s political future.
2.Leader of the ruling People Power Party Han Dong-hoon vowed to work toward an "orderly retreat" of President Yoon Suk Yeol following a failed impeachment motion against him. National Assembly Speaker Woo Won-shik condemned a joint public statement made by Prime Minister Han Duck-soo and PPP leader Han Dong-hoon.
3.The benchmark Korea Composite Stock Price Index dipped 67-point-58 points, or two-point-78 percent, on Monday to close at two-thousand-360-point-58. The tech-heavy KOSDAQ shed five-point-19 percent to close at 627-point-01.
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1.Leader of the ruling People Power Party Han Dong-hoon said Friday that President Yoon Suk Yeol's duties should be promptly suspended, revealing that Yoon ordered the arrests of politicians during his aborted martial law declaration. Han added that the president might take drastic action again if he stays in office.
2.U.S. Secretary of State Antony Blinken on Thursday welcomed the lifting of martial law in South Korea and expressed his expectation for the Asian country's "democratic process to prevail" during a call with South Korean Foreign Minister Cho Tae-yul.
3.The benchmark Korea Composite Stock Price Index dipped 13-point-69 points, or zero-point-56 percent, on Friday to close at two-thousand-428-point-16.
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1.President Yoon Suk Yeol on Thursday accepted the resignation of Defense Minister Kim Yong-hyun, who had proposed the martial law declaration to Yoon. Yoon has nominated Choi Byung-hyuk, a retired four-star Army general currently serving as the ambassador to Saudi Arabia, to succeed Kim.
2.The Korean Central News Agency reported Thursday that the comprehensive strategic partnership treaty between North Korea and Russia went into effect on December 4th.
3.The Bank of Korea chief said Thursday that the current political climate surrounding President Yoon’s declaration of martial law is unlikely to affect South Korea’s sovereign ratings and growth momentum.
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