The board of directors at South Korea's public broadcaster KBS passed a motion Tuesday to dismiss CEO Kim Eui-chul with the end of his term still more than a year away. Six out of 11 board members, who are considered aligning with the ruling bloc, voted for Kim's dismissal during a meeting at the company headquarters in Seoul, according to sources familiar with the matter. The five others, who stand with th.
The most serious security matter facing South Korea today is the threat posed by North Korea s nuclear missiles. Many politicians and experts in South Korea argue that China has no reason to stand behind its neighbor, North Korea, due to the latter s increasingly reckless nuclear posture, and thus China s mediation efforts in inter-Korean affairs should align with South Korea s security aims. While this argument may have been persuasive in the past, in the geopolitical context of the new Cold War, it is now a delusion. The essence of the new Cold War is China s challenge to the liberal order led by the United States. North Korea, despite being an otherwise insignificant, poor country, is able to frustrate and threaten the U.S. with its nuclear weapons. Its misbehavior is thus useful to China.
The recent appointment of Poongsan Group Chairman Ryu Jin as the new head of the Federation of Korean Industries (FKI), which used to be the country s premier business lobby group, did not come as a surprise to most business insiders, despite the fact that the group s size of assets falls behind those of Korea s 70 other larger firms.
North Korea has not yet offered condolences to President Yoon Suk Yeol over his father's death, unlike previous instances when Pyongyang passed on its sympathies upon news of the deaths of South Korea's liberal-leaning leaders and their family members. Yoon's father, Yoon Ki-jung, an emeritus professor of applied statistics at Yonsei University, died Tuesday. This is the second time an incumbent presid.