Ruling Bloc Slams Court After Kim Keon Hee Gets 1 Year, 8 Months; Parties Agree on Chip Bill

Ruling bloc blasts court after Kim Keon Hee gets 1 year, 8 months Yoon Suk Yeol’s wife, Kim Keon Hee, who was indicted on charges including stock-price manipulation involving Deutsche Motors, was sentenced in a first trial to 1 year and 8 months, far below what prosecutors sought. Lawmakers in the ruling bloc responded with broad criticism of the court. On Tuesday, Park Soo-hyun, senior spokesperson for the Democratic Party, said, “Kim, a ‘comprehensive case of power-type corruption,’

January 28, 2026

Ruling, opposition parties agree to pass chip bill and filibuster rules change at Assembly session

South Korea’s ruling and opposition parties agreed to pass a semiconductor special act and a revision to the National Assembly Act at a plenary session on Jan. 29. Democratic Party floor leader Han Byung-do and People Power Party floor leader Song Eon-seok reached the deal during a meeting on Jan. 28 in the office of the National Assembly steering committee chair. The Assembly Act revision would allow the National Assembly speaker to hand off presiding duties if an unlimited debate, or f

January 28, 2026

South Korea presidential office says real estate tax overhaul not imminent

The presidential office said it is taking a cautious approach to discussions on revamping real estate taxes, citing the potential impact on markets, while stressing the need for a long-term review to address housing issues at their root. In a briefing with reporters on Tuesday, Policy Chief Kim Yong Beom said that if the government is to find a fundamental solution to real estate problems, the tax system is “an important part” of that effort. But he said it is not something that can be ann

January 28, 2026

Late Prime Minister Lee Hae-chan to be cremated Jan. 31, laid to rest in Sejong

Late Prime Minister Lee Hae-chan, who died while on a business trip to Vietnam on Jan. 25, will be laid to rest in Sejong City after a funeral procession and memorial service on Jan. 31. Lee Hae-sik, a lawmaker from the Democratic Party who serves as vice chair of the funeral committee’s executive body, told reporters at the funeral hall at Seoul National University Hospital on Tuesday about the planned schedule. According to Lee, the funeral procession will begin at 6:30 a.m. on Jan. 3

January 28, 2026

Ruling party bloc slams court after Kim Keon Hee gets 1 year, 8 months in stock case

Former President Yoon Suk Yeol’s wife, Kim Keon Hee, was sentenced in a first trial to 1 year and 8 months in prison on charges including alleged stock manipulation, drawing sharp criticism from politicians aligned with the ruling camp who said the punishment was far lighter than prosecutors had sought. On Tuesday, Park Soo Hyun, senior spokesperson for the Democratic Party, said Kim — whom he called a “comprehensive case of power-related corruption” — received a 1-year, 8-month term, add

January 28, 2026

Samcheok City Council Reviews 2026 Work Plans, Seeks Solutions on Local Issues

Samcheok’s City Council on Tuesday held the fifth plenary session of its 269th extraordinary meeting, receiving 2026 major work-plan briefings from six departments, including the economy division, and debating local issues and development priorities. Council members offered proposals on boosting the local economy, youth policy, tourism infrastructure, traditional-market revitalization and improvements to the education environment. Council member Kim Hee Chang called for measu

January 28, 2026

Prosecutor criticizes acquittal in Deutsche Motors stock manipulation case

Kim Tae Hoon, chief prosecutor of the Daejeon High Prosecutors Office who led the investigation into the Deutsche Motors stock manipulation case under the Moon Jae-in government, criticized a trial court ruling that acquitted first lady Kim Keon Hee of violating capital markets law, calling it an “unfair decision.” Kim posted his statement Tuesday on the prosecution’s internal network, e-Pros, under the title, “As a member of the first Deutsche Motors investigation team, I share my view o

January 28, 2026

South Korea says Trump tariff remarks tied to delay in U.S.-investment bill

Cheong Wa Dae said it views President Donald Trump’s remarks about raising tariffs as stemming from U.S. dissatisfaction over delays in passing a “special act for strategic investment management” with the United States, and said it will explain to Washington that parliamentary procedures are required. Kim Yong Bum, Cheong Wa Dae’s senior presidential secretary for policy, told a briefing at Chunchugwan on Monday that Trump’s comments could be interpreted as frustration that implementatio

January 28, 2026

Trump admin pressures Seoul over "unfulfilled" trade commitments

SEOUL, January 28 (AJP) - U.S. Trade Representative Jamison Greer told Fox Business on Tuesday that South Korea had yet to honor commitments made under last summer’s “framework agreement,” including a planned 350-billion-dollar investment in the U.S. over three years and steps to open its market to more American automobiles and agricultural products. “We showed good faith by lowering our tariff rate on Korea from 25 percent to 15 percent,” Greer said.

January 28, 2026

Kim Keon Hee Says She Accepts Court’s Criticism After 1st Trial Sentence

Kim Keon Hee said she would “humbly accept” the court’s stern criticism after she was sentenced to 1 year and 8 months in prison in a first trial on Tuesday. Her legal team said in a notice to reporters that attorneys met with Kim at Nambu Detention Center after the ruling and relayed her statement. “Today, I humbly accept the court’s stern criticism, and I will not take its weight lightly,” Kim said during the meeting. “Once again, I am sorry to everyone for causing concern because of m

January 28, 2026