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South Korea’s central bank vows to stabilise markets amid political turmoil

South Korea’s central bank vowed to stabilise financial markets and highlighted the importance of “uninterrupted implementation” of key fiscal and economic measures, in its first statement since lawmakers voted to impeach President Yoon Suk-yeol. “The Bank of Korea intends to utilise all available policy instruments, in conjunction with the government, to respond to and avert […]

Will AI enhance or undermine Asia’s elections?

Across Asia, the rise of artificial intelligence is posing a dilemma for democracy. From the Philippines to South Korea, governments and politicians are grappling with the double-edged nature of AI: its capacity to spread disinformation, but also to improve voter engagement, streamline campaigns, and enhance election administration. While fears of AI-driven deepfakes and propaganda are […]

Yoon’s Declaration of Martial Law: Implications for the South Korea-US Alliance 

On the night of December 3, South Koreans witnessed a political crisis that threatened to unravel decades of democratic progress. President Yoon Suk-yeol declared martial law, alleging that North Korean agents had infiltrated key government institutions. Soldiers surrounded the National Assembly, and riot police were deployed to enforce the decree. Six hours later, under immense […]