North Korea launched toward the East Sea on Oct. 12, nine days after its Oct. 3 test, South Korea's Joint Chiefs of Staff said. Seoul was still analyzing the projectiles, so a case for pricing lasting Korea and Japan risk rests on frequency alone for now.
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+20
- Incentives55
- Confidence58
Lee shelves Korea's CPTPP application for the year to rebuild trust with farmers and fishers
President Lee Jae Myung shelved Korea's bid to join the 12-member CPTPP this year after farmers and fishers objected. Seoul set no new deadline, so exporters hoping for tariff cuts in Japan, Mexico and the rest of the bloc cannot count on an application before next year.
Reality
- Evidence55
- Adoption5
- Hype gap+15
- Incentives60
- Confidence50
South Korea flew its first homegrown hypersonic glide vehicle, built for at least Mach 5, as President Lee Jae-myung watched. On the one production estimate published, the orders it implies for Korean missile makers arrive in the 2030s.
Perspective Coverage
4 publishers
- Builder
- Builder 36%
- Operator
- Operator 44%
- Investor
- Investor 20%
Reality
- Evidence58
- Adoption5
- Hype gap+35
- Incentives65
- Confidence60
Lee Jae-myung has paused South Korea's CPTPP bid until there are safeguards for an estimated 850 billion won a year in farm and fishery losses. His government projects manufacturing gains of up to 6.7 trillion won a year, and that payoff still needs every member's consent and a working group.
Perspective Coverage
3 publishers
- Builder
- Builder 12%
- Operator
- Operator 51%
- Investor
- Investor 37%
Reality
- Evidence68
- Adoption
- Not scored
- Hype gap+15
- Incentives60
- Confidence66
President Lee Jae-myung ordered a full probe of hacks that exposed data at four Korean banks, including about 25,000 Shinhan Bank customers. The response runs through every financial industry association before the probe has shown whether the banks share a weak point.
Perspective Coverage
5 publishers
- Builder
- Builder 22%
- Operator
- Operator 59%
- Investor
- Investor 19%
Reality
- Evidence60
- Adoption
- Not scored
- Hype gap+25
- Incentives
- Not scored
- Confidence60
Korea's Uzbek rail MOU covers eight train sets, pending a feasibility study
Thirteen documents came out of Shavkat Mirziyoyev's state visit to Seoul. The Blue House ties any widening of project cooperation to feasibility studies still to come. The Export-Import Bank of Korea has promised to explore financing.
Reality
- Evidence46
- Adoption
- Not scored
- Hype gap+25
- Incentives70
- Confidence52