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

Remembrance as an obligation: Nussbaum exhibit in Seoul SEOUL, January 28 (AJP) -Silence settled over the Democracy Movement Memorial Hall in Seoul on Jan. 27, as the Israeli and German embassies came together to mark International Holocaust Remembrance Day. Beneath the vaulted stillness of the space, remembrance took shape not through speeches alone, but through the collective pause of those gathered. Around 150 people — diplomats, scholars and ordinary citizens — stood in quiet attention, their faces composed, their gazes d January 28, 2026

HiteJinro Sales and Operating Profit Fall as Alcohol Demand Slumps HiteJinro said weaker alcohol consumption pushed down both revenue and operating profit last year. According to a filing on the electronic disclosure system on Tuesday, the company’s consolidated operating profit fell 17.3% from a year earlier to 172.1 billion won, down from 208.1 billion won. Revenue slipped 3.9% to 2.4986 trillion won from 2.5992 trillion won. Net profit dropped 57.3% to 408.5 billion won from 957.4 billion won. HiteJinro said the overall alcohol market shrank and its 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

Samsung Electro-Mechanics sets 2025 profit-sharing bonus at 5%-6% of salary as Samsung affiliates finalize payouts Samsung Electro-Mechanics has decided to pay an excess profit incentive (OPI) worth 5% to 6% of annual salary based on last year’s results, effectively wrapping up performance-bonus decisions across major Samsung electronics affiliates, including Samsung Electronics. According to the industry on Tuesday, Samsung Electro-Mechanics announced its 2025 OPI payout rates in an internal notice. The Component Business Division, which leads the multilayer ceramic capacitor (MLCC) business, will January 28, 2026