SHOCKING: 2 - You Need To See This

South Korea’s raucous politics: presidential election defined by mudslinging and scandal

Poll features two populist candidates mired in controversy over everything from misogyny to property deals

Financial Times · Mar 3, 2022

In unaffordable Seoul, housing is at the centre of the S.Korea election

Lee Jae-hong would have had no trouble buying a home in the suburb of Ilsan on the outskirts of Seoul back in 2018. With a strong credit score and a job at a blue chip company, borrowing enough for an average apartment in the city costing about $562,000 was well…

Reuters · Mar 1, 2022

S.Korea presidential frontrunner seeks to 'reset' China ties with extra THAAD missile system

Plans by South Korea's leading opposition presidential candidate to buy an additional THAAD U.S. missile system risks economic retaliation from China, his top foreign policy adviser said, but that would provide a chance to "reset" testy diplomatic ties.

Reuters · Feb 23, 2022

New N. Korea nuclear, ICBM testing would trigger instant crisis, S.Korea's Moon says

A resumption of North Korea's nuclear weapon or long-range missile tests would "instantly" send the peninsula back into crisis, outgoing South Korean President Moon Jae-in said this week, calling for measures to prevent that from happening.

Reuters · Feb 10, 2022

Egypt Signs Deal with South Korea to Boost Military Defense

The Egyptian army concluded a military deal with South Korea’s Hanwha Defense company, the military said Wednesday. The office of President Moon Jae-in in Seoul said in a statement that a $1.6 billion arms deal to provide K9 self-propelled howitzers to Egypt is the country’s biggest export contract for the…

Asharq Al-Awsat · Feb 3, 2022

S.Korea ruling party candidate seeks to outdo Moon with N.Korea nuclear talks

The top security adviser of South Korea's ruling party presidential candidate said his team aims to overcome previous failures in bridging North Korea and the United States, and present a more "persuasive" strategy to jumpstart nuclear talks.

Reuters · Jan 28, 2022

Egypt, Korea Agree to Establish Political, Economic Partnership

Egypt and South Korea agreed on Thursday to establish an economic and political partnership within an integrated strategic framework for the various aspects and fields of cooperation. This came during the meeting between Egyptian President Abdel Fattah el-Sisi and his South Korean counterpart Moon Jae-in at al-Ittihadiya Palace in Cairo.…

Asharq Al-Awsat · Jan 21, 2022

Aramco Signs 10 Agreements during Saudi-Korean Investment Forum

Saudi Aramco has signed one agreement and nine Memoranda of Understanding (MoUs) with leading Korean entities to advance its downstream strategy and support development of low-carbon energy solutions, while creating new financing options for the company. The agreements were announced on Tuesday on the sidelines of a meeting between Crown…

Asharq Al-Awsat · Jan 19, 2022

Saudi PIF Signs MoU to Develop Green Hydrogen Production

The Saudi Public Investment Fund (PIF), POSCO and Samsung C&T Corporation Engineering & Construction Group (Samsung C&T) announced on Tuesday the signing of a three-party MoU with the goal of developing a project to produce green hydrogen for export. The MoU was signed during the Saudi-Korean Investment Forum held in…

Asharq Al-Awsat · Jan 19, 2022

Saudi Arabia, South Korea Seek to Boost Relations, Investments

Saudi Crown Prince Mohammed bin Salman, Deputy Prime Minister and Minister of Defense, held talks on Tuesday with South Korean President Moon Jae-in on bilateral relations between their countries and ways to bolster them in all fields. The South Korean leader had arrived in Riyadh on Tuesday on an official…

Asharq Al-Awsat · Jan 19, 2022