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Monday, Apr, 27, 2026

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S.KOREA

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  • Lee Jae-myung criticizes tax breaks for long-term home ownership

    Lee Jae-myung, President of South Korea, on Friday criticized tax reductions for long-term home ownership, calling them a policy that encourages real estate speculation rather than protecting housing.In a post on X, Lee wrote, “Tax reductions on capital gains based solely on long holding periods—especially for high-priced homes that are not owner-occupied—ar..

  • Ruling party pushes sweeping court reform

  • South Korea’s National Assembly has passed a package of judicial reform bills, marking the first comprehensive overhaul of the country’s judicial system si..
  • Kang says $35bn UAE defense pact confirmed

  • South Korea and the United Arab Emirates have finalized defense cooperation projects worth $35 billion, presidential chief of staff Kang Hoon-sik said Wedn..
  • Lee backs stock reform to boost markets

  • President Lee Jae-myung on Wednesday said additional institutional reforms, including a proposed “stock price suppression prevention law,” would further ac..
  • PPP approval sinks to 17%

  • Support for the conservative People Power Party (PPP) has fallen to 17 percent, while the ruling Democratic Party of Korea (DPK) recorded 45 percent, accor..
  • Lee says housing delays equal inaction

  • President Lee Jae-myung on Wednesday called for accelerating the development of third-phase new towns and other public housing sites in the Seoul metropoli..
  • Song Eon-seok wins unanimous confidence vote

  • The People Power Party on Wednesday unanimously reaffirmed Rep. Song Eon-seok as its floor leader after he had earlier expressed his intention to resign.Re..
  • Ruling party pushes judicial reform bill through

  • A controversial bill introducing a new “distortion of law” offense, one of three major judicial reform measures backed by the Democratic Party of Korea, pa..
  • Woo Jong-soon vows stronger Korea-China economic bridge

  • Woo Jong-soon, chairman of the Korea-China Economic Association, on Wednesday emphasized that South Korea and China are key partners capable of generating..
  • Hardline standoff deepens before June elections

  • With the June 3 local elections just three months away, political tensions between the ruling Democratic Party of Korea and the opposition People Power Par..
  • Ruling bloc pushes buyback cancellation law through

  • A third revision to the Commercial Act, mandating in principle the cancellation of treasury shares held by companies, passed the National Assembly on Feb...
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“Hallyu ban to be removed quickly”: Hopes of thaw in Seoul-Beijing ties

· “Efforts will be made to remove Hallyu ban quickly”
· SK Group Chairman heads to Japan to soften “WD risk”

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Jang Won-young shines as BVLGARI’s holiday muse

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