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KOREAN WAR ECONOMIC IMPACT
In 1953, South Korea emerged from war with 60–70% living in extreme poverty. 71 years later, life expectancy reached 83.7 years with highest education levels anywhere in the planetEmerging from the ashes of the Korean War, South Korea became a beacon of transformation, where enhanced educational access laid the ground...- Global Market: KOSPI drops over 1% as Samsung Electronics slumps on payout concernsSouth Korean shares fell over 1% on Monday, dragged by a sharp decline in Samsung Electronics after its latest shareholder return plans dis...
- US, Iran keep up hostile rhetoric ahead of new sanctionsNew United States sanctions targeting Iran are scheduled for announcement impacting global trade partners. Oil shipments through the Strait...
- Trump’s economic isolation plan risks Iran strikes across GulfTrump is betting that tighter sanctions, a naval blockade and broader economic pressure can push Iran into accepting a US-backed deal after...
- "We do not accept the use of Iraqi territory to attack any country": Iraqi President Nizar Amidi"We are keen to prevent Iraq from becoming involved in the war. The country most affected by the war is Iraq. We do not accept the use of I...
- US, Iran trade threats as Washington readies ‘toughest sanctions’The United States is set to announce stringent economic sanctions against Iran. These measures could significantly impact Iran and its key ...
- From stock euphoria to panic: South Korea investors face painful market falloutSouth Korea’s KOSPI has fallen about 30% from its June 19 peak as a retail-driven stock market boom fuelled by leveraged products turned in...
- US armed forces conducts first $2,000 attack drone live-fire test near North Korean borderUS Marines have conducted their first live-fire FPV attack-drone exercise on the Korean Peninsula, with six Archer drones striking mock bar...
- Train to nowhere? South Korea's lonely push for peace with the NorthSouth Korea's Woljeong-ri station project symbolizes peace hopes amid complex inter-Korean relations. President Lee Jae Myung's dovish appr...
- Global Market: KOSPI gains on chip boost; foreigners turn net buyersSouth Korean shares rose on Friday, led by gains in Samsung Electronics and SK Hynix after U.S. semiconductor stocks advanced, though the K...
- Trump says Kim Jong Un 'didn't like' Biden, Obama but 'likes me'; highlights ties making US, allies safer"I do have a good relationship with Kim Jong Un, as you know, you've seen. He didn't like Biden, he didn't like Obama, he didn't like anybo...
- Hyundai cars to get costlier from September as automaker hikes prices by up to 1%Hyundai Motor India will implement a price increase of up to one percent. This adjustment will affect all vehicles across its extensive por...
- Asia bond foreign inflows hit four-month low in July on oil shockIn July, foreign investment in local bonds throughout Asia waned, despite a broader global appetite for emerging market debt. Elevated ener...
- South Korean and US militaries shorten drills after Trump ordered a reductionSouth Korean and U.S. militaries are shortening their joint drills as requested by the United States. The Ulchi Freedom Shield exercises wi...
- 'Kim Jong Un has always treated me with great respect': Trump says he 'gets along well' with North Korean leaderSpeaking to reporters, Trump said he had met Kim on multiple occasions and that the two leaders understood each other. Trump contrasted his...
- Trump criticises South Korea, says 'declined request to help US in Iran conflict'Speaking to reporters, Trump said he called the South Korean President and asked whether he would be willing to "give us a little hand" wit...
- Iran warns of escalating sanctions, market inflation; says enemy wants to compensate for defeat in economic warIran's First Vice President warns of economic warfare after military standoffs. He stated that adversaries seek to exploit inflation and pr...
- South Korea fired warning shots after North Korean soldiers crossed demarcation lineSouth Korean troops fired warning shots after North Korean soldiers crossed the military demarcation line. Multiple North Korean soldiers e...
- North Korea's Kim tells Putin he is 'proud' of strong ties, state media reportsNorth Korean leader Kim Jong Un expressed pride in strong ties with Russia. He stated this after providing military support for Moscow's wa...
- North Korea launches another missile toward sea ahead of US-South Korean military drillsNorth Korea has executed a second ballistic missile launch within the week, escalating tensions in the region ahead of the upcoming South K...
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