We're sunsetting PodQuest on 2025-07-28. Thank you for your support!
Export Podcast Subscriptions
cover of episode South Korea's Lee Sworn In, Stocks Rise on US Jobs Data

South Korea's Lee Sworn In, Stocks Rise on US Jobs Data

2025/6/4
logo of podcast Bloomberg Daybreak: Asia Edition

Bloomberg Daybreak: Asia Edition
AI Deep Dive AI Chapters Transcript
People
B
Brad Bernstein
L
Lee Jae-myung
R
Rachel Minyong Lee
Topics
Lee Jae-myung: 作为新当选的总统，我坚信人民是国家的主人，而政治家是为人民服务的工人。虽然政治家之间可能存在利益冲突和派别之分，但人民不应受这些分歧的束缚。政治争端或许难以避免，但人民不应因此而分裂和互相仇恨。我的目标是团结全体国民，共同建设一个更加繁荣和和谐的韩国。 Rachel Minyong Lee: 作为斯廷森中心韩国项目的资深研究员，我认为李在明总统面临着多重挑战。在国内方面，他承诺发展经济并推行政治改革。在外交方面，他需要处理与美国之间的关税和国防费用分摊等问题。尤其值得关注的是，李总统可能会寻求在美中之间采取更加等距的政策，这与前任政府明显偏向美国的立场有所不同。此外，他还面临着弥合韩国社会在性别和世代之间存在的深刻分歧的挑战。我预计李总统将迅速采取行动，兑现其政治和经济改革的承诺，但他也需要充分认识到国内政治的复杂性和不确定性。

Deep Dive

Chapters
President Lee Jae-myung's victory marks a significant shift in South Korean politics, bringing an end to conservative rule. His win, though tighter than predicted, signals a change in direction for the country, particularly in foreign policy and economic reforms. Challenges lie ahead in uniting a politically divided nation.
  • Lee Jae-myung's election victory ends three years of conservative rule.
  • The election was seen as a referendum on the previous president's actions.
  • Lee's priorities include economic growth, domestic political reforms, and navigating foreign policy challenges with the U.S. and China.

Shownotes Transcript

Left-leaning challenger Lee Jae-myung won South Korea's presidential election, ending three years of conservative rule in a race that was largely a verdict on his ousted predecessor's botched attempt to revive martial law in the longstanding US ally. Lee, a former labor activist, won Tuesday's election with 49.4% of the vote, a comfortable win over Kim Moon-soo of the incumbent People Power Party, according to the final count released by the National Election Commission. The agency, which said voter turnout reached a 28-year high of 79.4%, officially declared Lee as the nation's 21st president at 6:21 a.m. local time on Wednesday. We get more on what's ahead from Rachel Minyoung Lee, Senior Fellow at the Stimson Center's Korea Program. She speaks with Bloomberg's Shery Ahn and Paul Allen.

Plus - Asian stocks rose for the first time in four days after data showed the US labor market is holding up despite concerns President Donald Trump's tariff war is pushing the world economy into a downturn. Just days ahead of the US payrolls report, an unexpected increase in job openings buoyed market sentiment, sending the S&P 500 and the Nasdaq 100 higher. That helped offset investor angst after the Paris-based OECD said Trump's combative trade policies have tipped the world economy into a downturn, with the US among the hardest hit. We get some market perspective from Brad Bernstein, Managing Director at UBS Private Wealth Management.

See omnystudio.com/listener) for privacy information.