The Seoul Central District Court on Thursday overturned the lower court's ruling on a man surnamed Son, who in 2023 was acquitted of charges of providing scammers linked to a 63.6 billion won ($47.4 million) investment fraud in the early 2010s with a trust account, allowing them to manage assets on behalf of himself or the trust's beneficiary. The case has been drawing public attention as President Yoon Suk Yeol's opponents claim that first lady Kim Keon Hee was also suspected to

Politics Sept. 12, 2024

President Yoon Suk Yeol will visit the Czech Republic Thursday next week to forge the so-called "nuclear energy alliance," the presidential office said Thursday. The official visit comes ahead of next year's signing of South Korean firms' nuclear power plant construction bid valued at around 24 trillion won ($17.9 billion). It is the first visit by a South Korean leader to Central Europe's manufacturing powerhouse in nine years. Yoon will "convey the strong willingn

Politics Sept. 12, 2024

President Yoon Suk Yeol touted South Korea as an international hub for cybersecurity drill exercises, while attending the inaugural Cyber Summit Korea 2024 in Seoul on Wednesday. Yoon said in his congratulatory speech at the event held at Coex in Gangnam, southern Seoul, that South Korea's long exposure to constant cyberspace attacks by "hostile actors" including North Korea has allowed the country to hone its defense capabilities and cybersecurity system. "Totalitarian sta

Politics Sept. 11, 2024

President Yoon Suk Yeol on Tuesday laid out a plan to raise physicians' fees temporarily during the next two weeks, as the crisis in short-staffed emergency rooms in South Korean hospitals is expected to deepen during the Chuseok holiday in mid-September. Yoon said in a Cabinet meeting that fees for emergency room doctors -- supported by the nation's universal single-payer health care system -- will be temporarily raised 3.5 times what they currently are during the period. The hikes wi

Politics Sept. 10, 2024

First lady Kim Keon Hee is unlikely to be indicted for alleged antigraft rule violations, as the final legal procedure concerning her acceptance of luxury gifts totaling over 5 million won ($3,730), including a Christian Dior bag, has been cleared. Outgoing Prosecutor General Lee One-seok told reporters on Monday on his way to his office in Seocho-gu in southern Seoul that he "respects" the recommendation Friday by a 15-member independent review panel of the Supreme Prosecutors' O

Politics Sept. 9, 2024

President Yoon Suk Yeol tapped former Deputy Police Commissioner Park Jong-joon as the new head of the Presidential Security Service in charge of the security and protection of the South Korean leader, the presidential office announced Monday. Effective Monday, the 59-year-old Park replaced Kim Yong-hyun, who was appointed minister of national defense on Friday to succeed Yoon's new national security adviser Shin Won-sik. Park told reporters Monday that he recognized the safety of a country

Politics Sept. 9, 2024

The main opposition party slammed President Yoon Suk Yeol of "flattering" his Japanese counterpart, Prime Minister Fumio Kishida, accusing him of making consecutive concessions to Tokyo without securing a formal apology or compensation for its historical grievances. A day after the Japanese prime minister left Seoul, the main opposition Democratic Party of Korea on Sunday pledged to revise rules to stop comfort women statues at home and abroad from being defaced or meddled with, withou

Politics Sept. 8, 2024

The leaders of South Korea and New Zealand on Wednesday agreed to enhance security cooperation and pledged to elevate bilateral relations to a "comprehensive strategic partnership" by expanding collaboration in trade, investment, security and technology, according to the office of President Yoon Suk Yeol. Condemning the growing threat posed by military exchanges between North Korea and Russia as well as Pyongyang's nuclear development program, Yoon and New Zealand's Prime Min

Politics Sept. 4, 2024

The South Korean government on Wednesday laid out plans to raise the mandatory national pension contribution rate by 4 percentage points from the current 9 to 13 percent starting next year, with the intention of extending the life span of the state-sponsored public retirement pension scheme by at least 16 years. This reform plan comes as the national postretirement fund's financial viability remains doubtful, with the country suffering from the double whammy of low birth rates and an aging

Politics Sept. 4, 2024

President Yoon Suk Yeol and Japanese Prime Minister Fumio Kishida will hold talks during Kishida's two-day visit to South Korea from Friday, in what would be his final one-on-one with Yoon before his planned departure from his post, the presidential office announced Tuesday. Yoon's office said in a note to reporters that the talks will highlight the past achievements through bilateral cooperation and ways to boost ties between the two East Asian countries in bilateral, regional and int

Politics Sept. 3, 2024

President Yoon Suk Yeol's job approval rating has sunk to its lowest depths in about two years, amid a lingering standoff between medical circles and the government that has sapped public trust in his medical reform push. According to South Korean pollster Realmeter on Monday, Yoon's job approval rating dropped to 29.6 percent in the fifth week of August, down 0.4 percentage point from the previous week. It was the lowest since his rating marked 29.3 percent in the first week of August

Politics Sept. 2, 2024

President Yoon Suk Yeol received a group of United States Congress members to stress trilateral cooperation between Seoul, Washington and Tokyo, the presidential office announced Friday. Yoon told the lawmakers that close cooperation based on common values shared by the three countries is key to overcoming complex global crises, while expressing appreciation for bipartisan US support for the Seoul-Washington alliance. The US delegation led by Rep. John Moolenaar (R-Michigan) told Yoon that the b

Politics Aug. 30, 2024

President Yoon Suk Yeol outlined his blueprints for pension reform proposals in a rare national address Thursday, vowing to make the fund, one of the world's largest with assets worth 1,113.5 trillion won ($834.7 billion) as of May, more sustainable to ensure that younger generations will benefit from the system in the decades to come. Yoon's initiation of pension reform — a policy drive often described as notoriously unpopular — came at a time when he was already grappling

Politics Aug. 29, 2024

A senior official of the presidential office said Monday that the government was not considering bringing in foreign doctors to alleviate the medical staffing shortage exacerbated by an ongoing walkout of trainee doctors. The officials said on condition of anonymity that Seoul "is not immediately considering dealing with the medical staff shortage by deploying foreign physicians." The comment came as the official was talking about ongoing disruptions in emergency medical centers due to

Politics Aug. 27, 2024

South Korea's ruling bloc is divided over whether to exclude foreign caregivers from minimum wage standards, with ruling party politicians advocating for more affordable options for households, while the labor minister nominee warns it could breach the Constitution as well as international labor laws. Kim Moon-soo, the former Gyeonggi Province governor nominated by President Yoon Suk Yeol for labor minister, said in a written statement Sunday, a day ahead of his parliamentary confirmation hearin

Politics Aug. 26, 2024