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Search results for May 18

Telecommunications & Media

Sci-tech media panel passes ruling party-led resolution urging Lee Jin-sook to recuse herself

South Korea\'s National Assembly Science, ICT, Broadcasting and Communications Committee on Monday passed, led by the ruling party, a resolution urging People Power Party lawmaker Lee Jin-sook (이진숙) to refrain from speaking and voting on agenda items involving herself. People Power Party members, including Lee, protested the item being tabled and walked out before the vote. Democratic Party lawmakers criticised Lee, while the opposition demanded the agenda change be withdrawn.

AI & Enterprise

Science and ICT panel paralysed by row over Lee Jin-sook exit demand after May 18 forum

Ruling and opposition parties clashed on Aug. 19 during a full meeting of the National Assembly’s Science, ICT, Broadcasting and Communications Committee over a parliamentary forum on the May 18 Democratization Movement hosted by People Power Party lawmaker Lee Jin-sook. The Democratic Party said Lee insulted victims and bereaved families and demanded she step down from the committee and resign as a lawmaker. Lee rejected the claims and said she could not control the forum’s content.

Crypto

Bitcoin down 50 percent from record high in shallowest bear market on record

Bitcoin has fallen about 50 percent from its all-time high of $126,080 set in October 2025, but the market has not yet confirmed a bear-market bottom, an analysis said. Data from CoinGecko and CryptoQuant show the current drawdown is the shallowest in bitcoin’s history, compared with drops of more than 90 percent in 2012, about 82 percent in two later bear markets and about 74 percent in 2022. Analysts cite growing institutional participation and ETFs as key factors, while warning risks remain.