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Starbucks Korea announced on June 25 that starting on that day, around 200 stores nationwide will begin offering plant-based plastic straws alongside the current paper ones.
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The Cabinet on Tuesday approved bills to appoint special counsels to probe a botched martial law bid by former President Yoon Suk Yeol and corruption allegations against his wife, former first lady Kim Keon Hee.
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Lawyers for President Yoon Suk Yeol and the National Assembly are due to make their final arguments regarding his short-lived imposition of martial law on Dec. 3, 2024, at the 11th and final hearing of his impeachment trial on Tuesday.
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The Bank of Korea (BOK) held its key interest rate steady Thursday, citing persistent housing market pressures and heightened volatility in the foreign exchange market as the won-dollar exchange rate continues to rise.
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From buying coffee at Starbucks to purchasing lipstick at Olive Young, a growing number of Koreans are embracing stablecoins for everyday payments, often through overseas third-party payment platforms.
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President Yoon Suk Yeol on Tuesday again vetoed a controversial bill mandating a special counsel probe into allegations that the presidential office and the Defense Ministry meddled in an investigation into a young Marine's death last year.
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President Yoon Suk Yeol on Friday called the liberal Democratic Party leader Lee Jae-myung to invite him to the presidential office next week, the presidential office said.
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President Lee Jae Myung’s back-to-back summits with U.S. President Donald Trump and Chinese President Xi Jinping on the sidelines of the APEC meetings in Gyeongju have revealed the contours of his emerging foreign policy.
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By-elections for Busan's education superintendent as well as mayors and district chiefs nationwide are set for April 2, following a muted campaign period.
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Laws and institutions form the skeleton of the state, and trust is the root of the economy. Sustainable growth depends on a predictable system of economic management. When the nation’s skeleton and roots collapse, growth—and hope—collapse with them.
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After the governing People Power Party’s innovation committee was dismantled by party leader Kim Gi-hyeon, former Democratic Party leader Lee Hae-chan assures a victory in the upcoming parliametnary election.
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If party seniors still want to enjoy their privileges as in the past, it will backfire.
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Every time a new governing party took power, it attempted to seat friendly figures in the C-suite of public broadcasters.
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President Lee Jae Myung's approval rating rose to 55.8 percent last week, a survey showed Monday, apparently helped by the government's move to stabilize the property market, a survey showed Monday.
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Starbucks Korea is planning to add at least 100 branches this year, coming off a hot 2024 that is expected to log a record 3 trillion won in sales.
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Former People Power Party (PPP) chief Lee Jun-seok announced his departure from the PPP, pledging to create his own party on Wednesday, with around 100 days left till next year's general elections.
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Polling agencies are showing mixed results on President Lee Jae Myung's approval rating, but one thing is clear: Voters in their 60s are the most temperamental.
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Appeals to patriotism, as in the gold collection era, feel anachronistic. What markets and the public expect from a government seeking to curb excessive currency weakness is not a short-term campaign to gather dollars.
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The president should set the broad direction for the government, not delve into operational details better left to working-level officials. Tuesday’s meeting marked a further step in the wrong direction.
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One could argue that six months is too short a period to judge an administration’s economic performance. But if the underlying philosophy and direction of economic management are flawed, improvement will be difficult.