South Korean President Lee Jae-myung has proposed to mediate between China and Japan to ease escalating tensions following recent remarks by Japanese Prime Minister Sanae Takaichi regarding Taiwan. Speaking at a press conference in Seoul, Lee emphasized that taking sides would only worsen the situation and urged all parties to seek coexistence instead of confrontation. The dispute intensified after Takaichi said any Chinese attack on Taiwan could pose an existential threat to Japan, justifying the use of collective self-defense. In response, China condemned the statement, urged its citizens to avoid traveling to Japan, suspended seafood imports from Japan, and postponed a planned trilateral meeting with Japan and South Korea. Lee’s mediation proposal comes as Seoul seeks to play a constructive role in maintaining regional stability amid growing geopolitical friction in East Asia.

South Korean President Lee Jae-myung has indicated that Seoul may issue an apology to North Korea following court findings that former President Yoon Suk-yeol deliberately provoked tensions to maintain his political power. Speaking at a press conference in Seoul on December 3, Lee said he believes an apology is appropriate but expressed concern that such a move could be politically exploited or labeled as pro-North. Yoon is accused of ordering drones carrying propaganda leaflets into North Korean airspace to incite conflict. His administration’s actions, including a controversial martial law declaration, triggered mass protests and a constitutional crisis. The Supreme Court later ruled the martial law unconstitutional, leading to Yoon’s impeachment and removal from office. He is currently in prison awaiting trial on multiple charges, including insurrection. Lee’s remarks come amid renewed debate over accountability for past provocations and the future of inter-Korean relations.

South Korean police have arrested four individuals accused of hacking more than 120,000 home and business IP cameras to produce sexually exploitative videos. The suspects allegedly exploited weak passwords and security flaws in internet-connected cameras, commonly used for home security or monitoring children and pets. The hacked footage was used to create explicit content for a foreign website, which has since been blocked. One suspect reportedly controlled 63,000 cameras and made 545 videos, earning around $12,235 in virtual assets, while another accessed 70,000 cameras and sold 648 videos for 18 million won. Authorities said the suspects acted independently rather than as a coordinated group. Police are collaborating with international agencies to investigate the website operators and have also detained three viewers suspected of purchasing or watching the illegal content. Officials emphasized that both viewing and possessing such illicit recordings are serious crimes.

South Korean children’s content company Pinkfong, creator of the viral 90-second video 'Baby Shark', has grown into a $400 million enterprise after its stock market debut. The video, released in June 2016 under CEO Kim Min-seok’s approval, became the most viewed content on YouTube with over 16 billion views. Pinkfong’s shares rose 9% on their first trading day, raising about $52 million. Originally founded in 2010 as SmartStudy with just three employees, the company shifted focus to younger audiences, producing simple, educational content that led to Baby Shark’s global success. While the song remains a key revenue driver, accounting for about one-fourth of earnings, new franchises like Bebefinn now contribute around 40%. Analysts note that Pinkfong must prove its growth extends beyond Baby Shark. CEO Kim says the company plans to use IPO funds to expand its film and character lineup and evolve into a technology-driven content creator leveraging data insights.

On Thursday, South Korea temporarily suspended all domestic and international flights for 35 minutes to ensure silence during the English listening section of the country’s highly competitive college entrance exam, known as the Suneung. Over 550,000 students took part in the nine-hour test, which plays a decisive role in determining university admission, career prospects, and social standing. Flights were grounded from 1:05 p.m. to 1:40 p.m., affecting about 140 flights, including 65 international ones. During this period, only emergency aircraft were allowed to operate. Authorities deployed police to help late students reach exam centers quickly, sometimes using motorcycles. Financial markets and offices opened an hour late to ease traffic congestion. The Suneung is a national event marked by strict discipline and cultural rituals, with many parents praying at churches or temples for their children’s success.

South Korea and the United States have finalized the draft of an expanded trade agreement, detailing new terms on automobiles, pharmaceuticals, defense cooperation, and South Korea’s nuclear-powered submarine program. According to a joint statement released by both presidential offices, the agreement reduces tariffs on South Korean car exports to the US from 25% to 15%, aligning them with Japanese competitors. Similar tariff reductions apply to pharmaceutical exports. In return, South Korea will invest $200 billion strategically in the US, capped at $20 billion annually, a reduction from earlier proposals to avoid currency risks. The deal also reaffirms Washington’s support for Seoul’s nuclear submarine initiative and the broader US-South Korea security alliance, including commitments to extended deterrence and denuclearization of the Korean Peninsula. Analysts believe the agreement will ease trade uncertainties that arose from former President Donald Trump’s tariff and investment demands. Both sides emphasized mutual trust and stability in implementing the accord.

South Korea conducted its annual College Scholastic Ability Test (CSAT), known locally as Suneung, on Thursday, November 13. The exam, lasting 13 hours, is considered one of the longest and most challenging in the world. Over 550,000 students participated this year, with the entire nation observing a day of silence to ensure a distraction-free environment. Authorities imposed traffic restrictions near test centers and many businesses closed for the day. The test plays a decisive role in determining students’ academic and career futures, prompting both government and citizens to cooperate in maintaining order and quiet throughout the day.

South Korea has passed a law banning the use of mobile phones and smart devices during school classes, effective from the 2026 academic year. The legislation aims to reduce smartphone addiction among students, enhance focus on studies, social life, and mental development, and make nationwide restrictions mandatory. While most schools already limited phone use, the law ensures uniform enforcement, allowing exceptions only for students with disabilities. Critics, including students and some teachers, question its effectiveness and broader impact.

Korean Air has signed a $36 billion agreement with Boeing to purchase 103 aircraft, including 737, 777, and 787 models. The deal was announced shortly after South Korean President Lee Jae-myung met U.S. President Donald Trump in Washington, where tariffs were discussed. Boeing says the order will help sustain 135,000 U.S. jobs. Korean Air’s CEO Walter Cho said the new jets will modernize the fleet and strengthen competitiveness as the airline merges with Asiana. Hyundai also pledged $26 billion U.S. investment.

South Korea’s Supreme Court has cleared Samsung’s de facto leader Jay Y. Lee of all fraud accusations related to a 2015 merger deal. The case, which drew significant public attention amid widespread concerns over corporate corruption in chaebols, ended with the court ruling the merger and accounting practices lawful. Previously acquitted by lower courts, Lee faced allegations of manipulating share prices to consolidate control but was fully exonerated. This verdict strengthens Samsung’s leadership position in the country’s post-pandemic economic recovery.

A devastating fire broke out at a resort under construction in the South Korean port city of Busan, resulting in six deaths. According to Reuters, the incident occurred on February 14, with firefighters evacuating around 100 people and rescuing seven injured individuals. South Korea’s acting president has directed authorities to deploy all necessary resources to extinguish the fire and manage the aftermath.