Acting Prosecutor General Koo Jae-hyun Resigns, Citing Responsibility for Criminal Procedure Law Revisions Acting Prosecutor General Koo Jae-hyun Resigns, Citing Responsibility for Criminal Procedure Law Revisions Koo Jae-hyun, the acting Prosecutor General, announced his resignation shortly after the National Assembly passed the amendment to the Criminal Procedure Law. According to Yonhap News on July 31, Koo stated during a press conference at the Supreme Prosecutors' Office that he felt a deep sense of responsibility regarding the law's revision and had just submitted his resignation letter. He July 31, 2026

Justice Minister Jeong Seong-ho: Prosecutors Can No Longer Conduct Investigations Justice Minister Jeong Seong-ho emphasized on July 31 that if adverse effects arise from the recently passed amendments to the criminal procedure law, the government should not hesitate to make prompt corrections.In a post on Facebook, Jeong stated, "Prosecutors can no longer conduct investigations. A fundamental change is beginning."He added, "The success of reform does not lie in merely changing the existing order, but in how much it enriches and improves the lives of the people. High ideals, July 31, 2026

Kioxia Reports 46-Fold Increase in Q2 Profit Amid AI Demand Kioxia Holdings, a Japanese NAND flash manufacturer, reported a net profit of 842.1 billion yen (approximately $7.6 billion) for the April to June period, a 46-fold increase compared to the same period last year.According to a report by Yonhap News Agency citing Kyodo News, Kioxia's revenue for the April to June quarter reached 1.7671 trillion yen (about $15.9 billion), with an operating profit of 1.27 trillion yen (around $11.4 billion). However, both net and operating profits fell short of mar July 31, 2026

Samsung's CEO Noh Tae-moon Purchases $7 Million in Company Shares As Samsung Electronics' stock price experiences significant fluctuations, CEO Noh Tae-moon has purchased company shares worth 7 billion won.According to Yonhap News on July 31, Noh acquired 3,045 shares at 230,000 won each, totaling 703.5 million won. This brings his total holdings of company shares to 124,280.This share buyback is seen as a demonstration of responsible management.In 2024, when Samsung's stock was trading in the 50,000 to 60,000 won range, the company's executives also engaged i July 31, 2026

Moon Welcomes Passage of Prosecutorial Reform Bill in National Assembly Moon Jae-in, the former president of South Korea, expressed his support on July 31 for the National Assembly's approval of a bill that completely abolishes prosecutors' direct investigative powers. He stated, "I welcome the passage of the prosecutorial reform bill that fully separates investigative and prosecutorial powers, alongside the people."According to Yonhap News Agency, Moon made these remarks in a post on Facebook, congratulating and thanking the government and ruling party for their de July 31, 2026

Gwacheon City Council Discusses Data Center Development and Community Safety On July 31, the Gwacheon City Council reviewed key issues related to the development of a data center in the Juam District, prioritizing resident safety and public interest in their discussions. According to the council, city officials and council members gathered at the council's café to share updates on the data center project and explore future responses. During the meeting, a wide range of opinions raised during the data center's development process were discussed, including the need fo July 31, 2026

Bank of Japan Holds Interest Rate at 1%, Raises Economic Growth Forecast to 0.6% The Bank of Japan has maintained its short-term policy interest rate at approximately 1%.According to reports from Yonhap News, citing the Nihon Keizai Shimbun and Kyodo News, the Bank of Japan decided to keep the interest rate unchanged during a monetary policy meeting held over two days, concluding on July 30, with a majority of policy board members in favor of the decision.Among the nine policy board members, only one, Takata Hajime, opposed the freeze, suggesting an increase of 0.25 percenta July 31, 2026

Death Toll from Kumamoto Earthquake Rises to 35 Amid Heat and Water Shortages As of July 31, four days after the earthquake in Kumamoto, Japan, the death toll has risen to 35, with survivors facing the dual challenges of heat and water shortages.According to reports from Yonhap News Agency, citing Kyodo News and NHK, Kumamoto Prefecture has confirmed that 35 people have died as a result of the earthquake, including one individual whose death is under investigation for a direct link to the quake. This marks an increase of one from the previous day.Among the deceased, seven July 31, 2026

Ulsan Tram Project Resumes Amid Ongoing Controversy The Ulsan Urban Railway Line 1 tram project, which was under comprehensive review following the launch of the 9th elected government, is set to resume.Ulsan City has decided to restart the halted vehicle manufacturing and design and construction processes after failing to find a legal way to suspend or terminate existing contracts without incurring financial liabilities.However, this decision does not confirm the final push for the tram project. Ulsan City plans to preserve the remaining pause p July 31, 2026

Muan County's Evolving Health Policies Focus on Prevention and Care Muan County in South Jeolla Province is transforming its health policies.Previously focused on disease detection and treatment, the county is now expanding its approach to include health risk assessments before illness, rehabilitation after disease, and preparations for end-of-life care.This shift is driven by rapid aging; in 2021, the proportion of residents aged 65 and older surpassed 20.3%, marking the county's entry into a super-aged society. The increasing number of elderly individuals and July 31, 2026