Day: July 5, 2024

Seoul shares open higher ahead of U.S. jobs data

Seoul shares opened higher Friday as investors await U.S. jobs data this week for clues on the Federal Reserve’s future policy path.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 15.66 points, or 0.55 percent, to 2,840.60 in

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(EDITORIAL from Korea Times on July 5)

In South Korea, the two main pillars of power are the National Assembly and the prosecution, with President Yoon Suk Yeol’s administration often referred to as “republic of prosecutors.” On Tuesday, the Assembly-dominating opposition Democratic Party…

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(EDITORIAL from Korea JoongAng Daily on July 5)

Political retaliation for retaliation’s sake

The motion submitted by the Democratic Party (DP) to impeach four prosecutors dumbfounds us. The majority party pressures them to quit their jobs for totally unreasonable grounds. The motion is aimed at r…

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