Blue House Says End of Multiple-Home Tax Surcharge Grace Period Follows Administrative Principles Breaking: The Blue House said ending the grace period for heavier taxes on owners of multiple homes is a matter of administrative principle, adding it is reviewing whether to allow a one- to two-month extension.* This article has been translated by AI. January 28, 2026

Kim Keon Hee Says She Accepts Court’s Stern Criticism, Apologizes for Concern Breaking: Kim Keon Hee said she “humbly accepts” the court’s stern criticism and apologized for causing concern.* This article has been translated by AI. January 28, 2026

South Korea, U.S. Hold Third Visa Working Group Talks; B-1 Adds 'Specialized Trainers' Category South Korean and U.S. government delegations held a third round of consultations under the “South Korea-U.S. Business Travel and Visa Working Group.” South Korea’s Foreign Ministry said the meeting was held in Seoul on Jan. 28. The South Korean delegation was led by Kim Seon Young, director general for bilateral economic diplomacy, and the U.S. side included Jonathan Fritz, senior deputy assistant secretary for East Asian and Pacific affairs. The U.S. side said a “Specialized Trainers” i January 28, 2026

President Lee Calls for Broad Review of Capital Markets, Orders Exchange Reform President Lee Jae Myung said South Korea should take a broad look at its capital markets and also ordered reforms at the exchange.* This article has been translated by AI. January 28, 2026

South Korea’s presidential office says it is seeking calm tariff solution, cites Kim-Lutnick channel Breaking: Cheong Wa Dae says it is calmly seeking solutions on tariffs; Kim Jeonggwan-Lutnick channel is important* This article has been translated by AI. January 28, 2026

South Korea’s Blue House Says U.S. Frustrated by Delay in Korea-U.S. Special Law Breaking: The Blue House said the United States appears frustrated that investment projects have been delayed due to a holdup in a special law related to the United States.* This article has been translated by AI. January 28, 2026

South Korea’s Blue House Says U.S. Complaints Stem From Legislative Delays Breaking: The Blue House said U.S. dissatisfaction is “100%” due to delays in legislation and said it will explain its efforts to move the bills forward.* This article has been translated by AI. January 28, 2026

South Korean Lawmakers Clash Over Trump’s Proposed Tariff Hike and Ratification Claims Lawmakers traded blame Wednesday over President Donald Trump’s sudden plan to raise tariffs on South Korea, with the People Power Party arguing the government failed to secure National Assembly approval for follow-up steps in U.S. tariff negotiations after Prime Minister Kim Min Seok’s trip to Washington. The Democratic Party countered that Trump’s approach to diplomacy and trade is unconventional and said a unified political response is needed to strengthen South Korea’s negotiating pos January 28, 2026

Court Convicts Kim Keon Hee of Influence-Peddling, Acquits Her in Stock Manipulation Case A South Korean court on Tuesday said it recognized Kim Keon Hee’s political influence but ruled that her status alone could not expand criminal liability. The court found her partly guilty over receiving money and valuables linked to the Unification Church, but acquitted her of conspiracy allegations tied to the Deutsche Motors stock manipulation case and an opinion-poll controversy involving Myung Tae-kyun, citing insufficient evidence. The Seoul Central District Court’s Criminal Divisio January 28, 2026

South Korean lawmaker Kwon Seong-dong sentenced to 2 years for illegal political funds People Power Party lawmaker Kwon Seong-dong, who was arrested and indicted on charges of receiving illegal political funds from the Unification Church, was sentenced in a first trial to two years in prison. The Seoul Central District Court’s Criminal Division 27, led by Presiding Judge Woo In-sung, held a sentencing hearing at 4 p.m. on Tuesday for Kwon on charges of violating the Political Funds Act. The court also ordered forfeiture of 100 million won. Kwon was accused of taking 100 mi January 28, 2026