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South Korean court rejects warrant for ex-prosecutor general

Former Prosecutor General Shim Woo-jung appears at the office of special counsel Kwon Chang-young’s team in Gwacheon, South Korea, 10 July 2026. He is being questioned as a suspect on allegations of abuse of power for ordering his subordinates not to indict former President Yoon Suk Yeol’s wife, Kim Keon Hee, over corruption allegations she faced while her husband was in office. Photo by YONHAP / EPA

July 17 (Asia Today) — A South Korean court Thursday rejected an arrest warrant for former Prosecutor General Shim Woo-jung over allegations that he participated in former President Yoon Suk Yeol’s failed declaration of martial law.

The Seoul Central District Court said prosecutors had not sufficiently demonstrated that Shim was likely to destroy evidence.

The court also said the progress of the investigation and related court proceedings made it difficult to conclude that he posed a flight risk.

The court separately rejected an arrest warrant for Jeon Moo-gon, a former head of the policy planning division at the Supreme Prosecutors’ Office.

The court said Jeon’s arguments, the progress of the investigation and the evidence collected did not indicate that he was likely to flee or destroy evidence.

Shim and Jeon are accused of reviewing plans to dispatch prosecutors to a joint martial law investigation headquarters under instructions from then-Justice Minister Park Sung-jae on Dec. 3, 2024.

Investigators also suspect they discussed how to handle crimes that would fall under military court jurisdiction after the martial law declaration.

They are further accused of participating in the preparation of a document concerning court jurisdiction under martial law.

The second special counsel team led by Kwon Chang-young requested arrest warrants for Shim and Jeon on Tuesday on allegations of participating in an insurrection and abusing their authority to obstruct the exercise of rights.

The special counsel team’s failure to secure their detention could complicate its investigation into allegations that senior prosecution officials participated in the martial law attempt.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260716010006339

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UNESCO panel recommends Japan reflect history of forced Korean laborers at Sado mine: officials

Family members of Korean victims of Japan’s wartime forced labor at the Sado mine complex during World War II explore the mines on Nov. 25, 2024. UNESCO has recommended Japan do more to reflect the “whole history” of the site. File Photo by Yonhap

An international heritage body has recommended that Japan take further steps to adequately reflect the “whole history” of the Sado mine World Heritage site, linked to the wartime mobilization of Korean laborers, saying Tokyo’s related efforts remain insufficient.

The recommendation was included in a draft decision released Wednesday by UNESCO’s World Heritage Committee following its review of a State of Conservation (SOC) report submitted by Japan late last year, according to Seoul’s foreign ministry.

When approving the inscription of the mine as a World Heritage site in July 2024, the committee recommended that Japan present the site’s “whole history” across all periods of mining activity.

South Korean foreign ministry officials said the “whole history” includes the period during which more than 1,500 Koreans were mobilized to work at the mine during Japan’s 1910-45 colonial rule of the Korean Peninsula. Once known for its gold production, the complex was later used to produce war supplies for the Japanese imperial army during World War II.

“The interpretation and presentation strategy of the whole history has shown some progress but remains to be fully developed,” the draft decision read.

“Further clarification is needed regarding how the interpretation and presentation strategy and facilities comprehensively address, at the site level, the whole history of the property throughout all periods of mining exploitation,” it noted.

The committee also recommended that Japan closely consult with relevant parties to improve its interpretation and exhibition strategy and ensure that the site’s whole history is fully presented, and submit a follow-up implementation report by December 2027.

The draft decision is scheduled to be discussed at the 48th committee session in the southeastern South Korean city of Busan next week. Unless objections are raised by member states, it is expected to be adopted by consensus.

“We view the decision as reflecting our consistent position that Japan’s implementation of the committee’s recommendations remains insufficient,” a foreign ministry official said.

“We will continue to work closely with the UNESCO Secretariat and relevant countries to ensure that Japan faithfully implements the committee’s decisions and the commitments it made at the time of the site’s inscription,” the official added.

Japan has held annual memorial ceremonies for workers at the mine as part of commitments made during the inscription process. South Korea, however, has declined to attend the Japan-hosted event for two consecutive years, noting the ceremony failed to adequately reflect the site’s whole history, including the forced mobilization of Korean laborers.

Seoul has instead held separate memorial services each year near the mine site with the bereaved family members of the forced laborers.

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New South Korean court official warns of outside pressure

Roh Kyung-pil, new head of the National Court Administration, speaks during a ceremony at the Supreme Court in Seoul, South Korea, 14 July 2026, to mark his inauguration to the position. Photo by YONHAP / EPA

July 14 (Asia Today) — South Korea’s new court administration chief warned Tuesday that growing outside pressure is making it more difficult for judges and other court employees to perform their duties independently.

Supreme Court Justice Roh Kyung-pil, 62, made the remarks during his inauguration as minister of the National Court Administration at the Supreme Court in Seoul.

“External pressure and burdens that make it difficult for judges to conduct independent trials and for court members to perform their duties in a stable manner are increasing,” Roh said.

He said the National Court Administration would serve as a protective barrier so judges and other employees could carry out their responsibilities according to the law and their professional judgment.

“The National Court Administration will provide firm support so that all members of the judiciary can confidently perform their duties in accordance with laws and principles,” Roh said.

He also pledged to strengthen personnel and material resources for judges and court employees working in difficult positions.

“The more demanding the position, the more we must reduce the burden, even slightly, so they can concentrate on their work,” he said. “We will expand the necessary personnel and physical foundations and develop effective support measures.”

Roh’s appointment filled a position that had remained vacant for about four months.

Former court administration chief Park Young-jae resigned in February after the ruling bloc pushed three controversial judiciary bills through the National Assembly.

The measures included the creation of a criminal offense for intentionally distorting the law, a system allowing constitutional challenges to court judgments and an expansion of the number of Supreme Court justices.

Park stepped down in protest against the legislation.

Roh was born in Haenam County in South Jeolla Province. He graduated from Gwangju High School and Seoul National University’s College of Law.

He was appointed as a judge in 1997 and later served as a Supreme Court research judge, a Seoul High Court judge and a presiding judge at the Gwangju and Suwon high courts.

Roh was appointed to the Supreme Court in August 2024.

The head of the National Court Administration oversees judicial administration under the direction of the chief justice and supervises court administrative operations and personnel.

The position does not involve directing judges’ decisions in individual trials but carries significant responsibility for the judiciary’s budget, staffing and administrative policies.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260714010005202

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U.S. Navy inquiries open door for South Korean shipbuilders

The USNS Wally Schirra departs Hanwha Ocean’s Geoje shipyard after completing approximately six months of maintenance work. Photo courtesy of Hanwha Ocean

July 14 (Asia Today) — The U.S. Navy has asked major South Korean shipbuilders for information about their ability to design and build destroyers and fleet support vessels, potentially opening the world’s largest naval market to South Korea’s shipbuilding industry.

The requests for information mark a significant step in Washington’s effort to address shipyard capacity constraints and strengthen its maritime industrial base with help from key allies.

The development comes as South Korea and the United States expand cooperation under MASGA, short for Make American Shipbuilding Great Again, a bilateral initiative intended to revitalize U.S. shipbuilding through investment, workforce development, technology cooperation and naval vessel maintenance.

The prospective U.S. market could dwarf South Korea’s recent efforts to win Canada’s next-generation submarine program, estimated by the industry at about 60 trillion won, or approximately $43 billion. Long-term U.S. naval construction and modernization spending could reach about 1.6 quadrillion won, or roughly $1.2 trillion, according to industry estimates cited in South Korea.

U.S. Navy examines Korean shipbuilding capacity

Naval News reported Friday that the U.S. government had issued two requests for information involving destroyer-class surface combatants and medium-sized fleet tankers.

HD Hyundai Heavy Industries and Hanwha Ocean responded to requests covering both destroyers and support vessels. Samsung Heavy Industries submitted information concerning fleet replenishment ships, an area in which it has extensive commercial tanker-building experience.

A request for information is an early market-research procedure rather than a formal order or bidding process. It allows a U.S. government agency to assess potential suppliers, technical capabilities, prices and delivery schedules before deciding whether to proceed with a procurement program.

The inquiries are nevertheless notable because U.S. law and defense procurement rules generally require Navy vessels and major hull components to be built in American shipyards.

Changes to existing law or a congressionally approved national security exemption would probably be required before a U.S. warship could be constructed at a South Korean yard.

The outreach reflects growing concern about delays, workforce shortages and limited production capacity within the U.S. shipbuilding industry. The U.S. Government Accountability Office has repeatedly reported that Navy shipbuilding programs are running years behind schedule and billions of dollars over budget.

U.S. policymakers are also seeking ways to respond to China’s rapidly expanding naval and commercial shipbuilding capacity.

Korean companies highlight destroyer experience

HD Hyundai Heavy Industries and Hanwha Ocean have experience designing and constructing some of the South Korean Navy’s most advanced surface combatants.

South Korea’s Sejong the Great-class and Jeongjo the Great-class destroyers use the U.S.-developed Aegis combat system, which is also installed aboard the U.S. Navy’s Arleigh Burke-class destroyers.

That experience could make South Korean shipbuilders attractive partners in vessel design, component manufacturing or joint production, although U.S. technical, security and domestic-content requirements would remain major obstacles.

South Korea’s latest Aegis destroyers displace more than 8,000 tons and incorporate advanced radar, missile defense and stealth-related technologies.

HD Hyundai Heavy Industries has also been developing export-oriented destroyer designs and has pursued partnerships with U.S. defense contractors and shipbuilders.

Hanwha Ocean has established a direct foothold in the United States through its acquisition of Philly Shipyard in Pennsylvania. The company has announced plans to expand the yard’s capacity and introduce South Korean production technology.

The company has also completed maintenance work on U.S. Military Sealift Command support ships at its Geoje shipyard in South Korea.

The USNS Wally Schirra, a Lewis and Clark-class dry cargo and ammunition ship, entered the Geoje facility in September 2024 for maintenance, repair and overhaul work. The ship departed after approximately six months of repairs.

Such projects allow South Korean yards to demonstrate their ability to meet U.S. Navy technical standards and delivery requirements, while helping Washington reduce maintenance backlogs.

MASGA moves from proposal to implementation

The Navy inquiries come as the two governments seek to turn MASGA into a broader industrial partnership.

South Korea proposed the initiative as part of trade and security negotiations with the Trump administration. The package includes investment in American shipyards, training for U.S. workers, supply-chain development and maintenance services for U.S. naval vessels.

South Korea and the United States signed a memorandum in May establishing a bilateral shipbuilding partnership initiative and plans for a Korea-U.S. Shipbuilding Partnership Center in Washington.

The program is expected to support cooperation among government agencies, shipbuilders, research institutions and equipment suppliers in both countries.

U.S. officials have increasingly acknowledged South Korea’s mass-production capabilities. U.S. Army Secretary Daniel Driscoll praised South Korean defense manufacturing during a congressional hearing in April, citing Hanwha as an example of an effective industrial production model.

The U.S. administration has also pushed for faster construction of commercial and naval vessels as part of its effort to restore the country’s maritime industrial capacity.

Legal and political barriers remain

Despite the growing cooperation, an RFI does not guarantee that South Korean shipyards will receive orders for U.S. Navy vessels.

Congress would have to address laws that restrict foreign construction of naval vessels. U.S. labor unions and domestic shipbuilders could also resist proposals they believe would transfer American jobs or defense production overseas.

A possible compromise could involve South Korean companies investing in U.S. yards, supplying ship components or jointly constructing vessels in both countries rather than building complete American warships in South Korea.

South Korean shipbuilders could also provide designs and production management systems while final assembly takes place at an American facility.

Industry specialists said the South Korean government will need a coordinated strategy involving the presidential office, defense and industry ministries and diplomatic officials if Korean companies are to secure a meaningful role.

They said technical competitiveness alone may not be sufficient because major defense contracts are also shaped by alliance politics, domestic employment considerations and long-term security relationships.

South Korean companies recently faced difficulties in European and Canadian defense competitions despite offering competitive prices, technology and local production plans.

The prospective U.S. programs therefore represent both a major commercial opportunity and a test of Seoul’s ability to coordinate industrial policy with security diplomacy.

For South Korean shipbuilders, the immediate goal is not necessarily the full construction of U.S. destroyers at Korean yards. Securing design work, component orders, maintenance contracts or joint-production projects would still mark an important expansion of the country’s naval defense industry.

The Navy’s decision to formally examine South Korean capabilities indicates that cooperation once considered politically difficult is now under active consideration.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260714010005100

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South Korean defense chief faces desertion claim, reform backlash

South Korean Defense Minister Ahn Gyu-back (R) talks with National Security Adviser Wi Sung-lac (C) during the National Fiscal Strategy Meeting, chaired by South Korean President Lee Jae Myung, at the presidential office Cheong Wa Dae in Seoul, South Korea, 13 July 2026. Photo by YONHAP / EPA

July 13 (Asia Today) — South Korean Defense Minister Ahn Gyu-back is facing mounting pressure from an allegation that he deserted his military post four decades ago and growing opposition to his plan to consolidate the country’s three service academies.

The two controversies have converged, raising questions about whether the Lee Jae Myung administration can maintain momentum behind its broader military reform agenda.

Complaint filed over parliamentary testimony

Kim Young-soo, head of the Korea Institute for Military Rights and a former Navy major, filed a police complaint against Ahn on June 27. The complaint alleges Ahn violated a law governing testimony and evidence before the National Assembly.

At a news conference at the National Assembly on Monday, Kim claimed Ahn left his post without authorization for about seven months while serving as a supplementary-duty soldier with an Army unit in Gochang County in 1984.

Kim also alleged that military police arrested Ahn and detained him for 30 days.

The complaint argues that Ahn gave false testimony during his confirmation hearing in July 2025 when he denied that such incidents had occurred.

The case is being investigated by Yongsan Police Station in Seoul. Police are scheduled to question Kim as the complainant Thursday.

The allegations have not been substantiated and remain under investigation.

Ministry calls allegation “clearly false”

The Defense Ministry rejected the desertion allegation Friday, calling it “clearly false.”

According to Ahn and the ministry, he completed his required service and was discharged from supplementary duty in January 1985. He returned to Sungkyunkwan University in March but was told in June that he was required to perform additional service.

The ministry said the issue arose after Ahn’s mother served lunch to active-duty soldiers at the request of his company commander. The period during which the incident was internally reviewed was mistakenly omitted from the administrative process when Ahn was initially released from duty, leading to his recall in August.

The ministry said Ahn was never detained or subjected to disciplinary action.

It has declined to publicly release his military service record, however, arguing that disclosing an incorrect 40-year-old document could create further misunderstanding regardless of the underlying facts.

Ahn has said he will seek to have the record corrected after leaving office.

SBS reported Sunday that a small number of ruling-party officials had examined the military records and said they contained no entries related to desertion or detention.

Military academy announcement abruptly postponed

Amid the dispute, the ministry abruptly postponed the scheduled release of its basic plan for establishing a unified armed forces academy. The announcement was canceled about 100 minutes before a briefing Monday.

The proposal calls for jointly selecting cadets for the Army, Navy and Air Force academies. Cadets would receive common instruction during their first two years and service-specific education during their third and fourth years.

The government has also reportedly considered relocating the Korea Military Academy from its current campus in northeastern Seoul to South Jeolla Province.

The ministry attributed the postponement to Ahn’s attendance at a presidential meeting and his schedule accompanying President Lee to a NATO summit.

The decision was widely interpreted, however, as a response to strong opposition from retired military organizations and alumni associations.

Academy alumni stage first joint protest

The alumni associations of the Army, Navy and Air Force academies held a rally outside the National Assembly on Wednesday opposing the consolidation plan and the proposed relocation of the Army academy.

It was the first time the three associations had jointly mobilized over the issue.

People Power Party Reps. Han Ki-ho and Lim Jong-deuk, both graduates of the Korea Military Academy, attended the demonstration. They described the proposal as a deterioration of national defense rather than genuine reform and called for it to be reconsidered from the beginning.

Twelve former commanders of the Army Training and Doctrine Command also issued a statement calling for a review of the plan.

The opposition People Power Party has linked the military service allegation with the academy consolidation proposal and called for Ahn’s resignation.

Independent lawmaker Han Dong-hoon has also demanded that Ahn release his military service record.

A public petition seeking Ahn’s impeachment had received more than 310,000 signatures as of Sunday.

Thursday’s police questioning of the complainant is expected to become the first major turning point in the dispute over Ahn’s service history.

The policy battle, however, is unlikely to disappear regardless of the investigation’s outcome.

Opposition to consolidating the academies and dismantling the Defense Counterintelligence Command has already developed independently of the allegation against Ahn. The unprecedented joint protest by the three academy alumni associations demonstrates the extent of that resistance.

The ministry’s continued refusal to release Ahn’s service record is also prolonging the controversy. Its decision to postpone correction procedures until after Ahn leaves office risks allowing the dispute to remain a source of political conflict.

At the same time, treating the military service allegation and the academy reform proposal as a single political issue could undermine a substantive national security debate.

Defense experts familiar with the controversy say the allegation should be investigated according to the law, while the merits of military reform should be debated separately according to the national interest.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260713010004389

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Seoul shares end 2.52 pct higher on chip rally; Korean won up

This photo, taken Friday, shows the trading room of Hana Bank in Seoul as South Korean stocks closed higher on a semiconductor rally. Photo by Yonhap

South Korean stocks closed higher Friday, extending their winning streak to a second consecutive session, as semiconductor shares rallied following overnight gains on Wall Street. The local currency gained ground against the U.S. dollar.

After choppy trading, the benchmark Korea Composite Stock Price Index (KOSPI) added 184.03 points, or 2.52 percent, to close at 7,475.94.

Trade volume was moderate at 449.53 million shares worth 31.16 trillion won (US$20.73 billion), with gainers far outnumbering losers 799 to 92.

Institutions purchased a net 1.13 trillion won worth of shares, while individuals and foreigners sold a net 772.82 billion won and 322.56 billion won, respectively. Foreign investors turned net sellers after two consecutive sessions of net buying.

After opening more than 3 percent higher, the KOSPI climbed as much as 5.7 percent during the session, triggering a buy-side sidecar that temporarily halted program trading in KOSPI-listed shares for five minutes. It marked the third activation of the trading curb this week.

The KOSPI gave up some of its earlier gains in afternoon trading as investors locked in profits.

Investor sentiment improved after U.S. stocks closed higher overnight, supported by a strong rebound in semiconductor shares and easing oil prices.

The Dow Jones Industrial Average gained 0.27 percent, while the S&P 500 rose 0.81 percent. The tech-heavy Nasdaq Composite climbed 1.3 percent.

In Seoul, large-cap stocks finished broadly higher.

Semiconductor heavyweight Samsung Electronics went up 2.52 percent to 285,000 won.

In contrast, SK hynix edged down 0.27 percent to 2.18 million won after opening higher. The company is set to make its debut on the tech-heavy Nasdaq through the listing of its American depositary receipts (ADRs).

“Investor sentiment toward the semiconductor sector improved as Meta’s capital spending plans and Micron’s investment outlook helped ease concerns about the industry’s prospects,” said Lee Kyung-min, an analyst at Daeshin Securities. “Strong investor demand for SK hynix’s ADR offering also supported sentiment toward semiconductor stocks, adding upward momentum to the broader market.”

Artificial intelligence investment firm SK Square advanced 6.18 percent to 1.41 million won, while chip components maker Samsung Electro-Mechanics gained 6.1 percent to 1.58 million won.

The Korean won was quoted at 1,501.4 won against the U.S. dollar at 3:30 p.m., up 4.7 won from the previous session.

Bond prices, which move inversely to yields, closed higher. The yield on three-year Treasurys went down 1 basis point to 3.768 percent, and the return on the benchmark five-year government bonds lost 0.8 basis point at 4.008 percent.

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SK Hynix: South Korean chip giant raises $26.5bn in US share sale

South Korean computer chip maker SK Hynix has raised $26.5bn (£19.8bn) in its New York share offering, marking the largest ever listing by a foreign firm in the US.

The company, a key supplier to artificial intelligence (AI) chip giant Nvidia, said on Thursday that it had sold 177.9 million American depositary shares for $149 each. The shares are set to begin trading on Friday on the Nasdaq.

In May, SK Hynix saw its market value top $1tn in its home country, lifted by the boom in demand for AI chips.

Its share price has more than tripled in South Korea this year, which along with Samsung Electronics has helped boost the benchmark Kospi index by more than 70% over the same period.

SK Hynix is one of the world’s leading memory chip makers. The industry has been given a major boost by the hundreds of billions being spent on AI.

Shares in rivals Samsung Electronics and Micron have more than doubled in recent months.

The US listing gives SK Hynix easier access to huge amounts of potential investment from the world’s biggest economy, which has fewer barriers than South Korea, said Seoul National University finance professor Jaewon Choi.

Traders are closely watching the listing as a “yardstick to test the water” for whether investor enthusiasm for memory chip makers will continue, Choi said.

The AI boom has triggered a rush of companies raising money on the the stock market.

In June, GrokAI owner SpaceX became the world’s biggest ever listing as it raised $85.7bn.

Meanwhile, AI developers Anthropic and OpenAI are preparing to go public, with valuations of more $1tn.

Demand for SK Hynix’s offering was reportedly over seven times more than the number of shares available, highlighting the strong investor appetite for a key company in the AI supply chain.

Each American depositary share is equivalent to a tenth of a Seoul-traded common share, SK Hynix said.

The offering gives US investors a way to buy SK Hynix shares without having to trade via an overseas stock exchange.

The company has pledged major investments to develop South Korea’s chip making and AI capabilities in the coming years.

The country’s government is likely to be counting on SK Hynix’s US listing to raise funds that can support the firm’s domestic investments, said Hanyang University business professor Yun Youngjin.

But the Nasdaq listing carries some risks, especially if investors move money towards the US and away from South Korea’s stock market, Yun added.

In June, the country’s government unveiled plans for more than $880bn of investments in partnership with SK Hynix and Samsung.

Both SK Hynix and Samsung have stock market valuations of more that $1tn, joining growing group of firms which includes tech giants Nvidia, Apple, Microsoft and Google-owner Alphabet.

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North Korean nuclear status hardens amid China, Russia shift

China’s President Xi Jinping (C), North Korea’s leader Kim Jong Un (R) and Russia’s President Vladimir Putin (L) arrive for a reception in the Great Hall of the People, following a military parade marking the 80th anniversary of victory over Japan and the end of World War II, in Beijing, China, on Wednesday, September 3, 2025. File. Photo by Kremlin Press Office/UPI | License Photo

July 6 (Asia Today) — North Korea is using tacit support from China and Russia to harden its status as a nuclear-armed state, raising pressure on South Korea to rebuild the kind of international sanctions coordination that brought Pyongyang back to negotiations in 2018 and 2019, analysts said Monday.

North Korea has repeatedly stressed the “constant expansion and strengthening” of its nuclear forces and the “thorough exercise” of its status as a nuclear-armed state, signaling that it has no intention of returning to talks premised on denuclearization.

Diplomatic observers in Seoul say North Korea is taking advantage of a turbulent international environment to consolidate its nuclear status.

Russia, which has become a close partner of North Korea since the war in Ukraine, vetoed the renewal of the U.N. panel monitoring sanctions on North Korea in March 2024. At the Nuclear Non-Proliferation Treaty review conference in May, Russia also opposed including language on North Korea’s nuclear program in a consensus document, according to the report.

China, which has long maintained a formal position supporting denuclearization of the Korean Peninsula, did not mention the issue during a North Korea-China summit in June.

The North Korean nuclear issue has become even more difficult to resolve as U.S. attention remains focused on the Middle East and the U.N. Security Council has become increasingly ineffective, analysts said.

Experts say South Korea should pursue denuclearization by maintaining sanctions on North Korea, strengthening its military capabilities in response to Pyongyang’s nuclear buildup and securing diplomatic means to apply pressure through China and Russia.

Kim Tae-woo, former president of the Korea Institute for National Unification, said South Korea must acquire capabilities that can offset North Korea’s growing nuclear threat.

“As North Korea’s nuclear threat grows, South Korea must secure corresponding capabilities to neutralize that threat,” Kim said. “Only when North Korea recognizes that an intensifying arms race will be harmful to both Koreas can nuclear arms control negotiations begin.”

Kim said South Korea should quickly move forward with security consultations under the Korea-U.S. joint fact sheet. He said Seoul should pursue the construction of nuclear-powered submarines, secure what he called “nuclear latent capability” and push for stronger U.S. extended deterrence.

Analysts also said Seoul should wage a more active diplomatic campaign toward China and Russia, which retain significant influence over North Korea.

They said South Korea should work to recreate the diplomatic environment of 2016 and 2017, when the U.N. Security Council unanimously adopted a series of strong sanctions resolutions in response to North Korea’s nuclear tests and intercontinental ballistic missile launches.

Experts say those sanctions were the key factor that pushed North Korea into inter-Korean and U.S.-North Korea denuclearization talks in 2018 and 2019.

A former senior South Korean diplomat, who requested anonymity, said sanctions remain one of the few long-term sources of leverage over North Korea.

“Every area of North Korea except its nuclear program remains backward because of sanctions,” the former official said. “As long as sanctions are not abandoned in the long term, I believe there is still hope for North Korea’s denuclearization.”

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260707010002164

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South Korean parties clash over online falsehood law

Lawmakers of the main opposition People Power Party, (from L to R) Choi Soo-jin, Joo Jin-woo, and Park Choong-kwon, submit a bill to an office of the National Assembly in Seoul, South Korea, 09 June 2026, to seek an independent counsel probe into an unprecedented shortage of ballot papers that disrupted voting in the June 3 local elections at some polling stations and, critics say, infringed upon voters’ rights. Photo by YONHAP / EPA

July 5 (Asia Today) — South Korea’s ruling and opposition parties clashed Sunday over a revised online information law set to take effect Tuesday, with the ruling Democratic Party calling it a safeguard against fake news and the main opposition People Power Party denouncing it as a threat to free speech.

The revised Information and Communications Network Act allows punitive damages of up to five times the actual damage when false or manipulated information is distributed online and causes harm. Repeat distribution can also trigger administrative fines of up to 1 billion won, or about $655,000.

The People Power Party called the measure an online “gag law” and said the standard for determining what counts as false or manipulated information is too vague.

Choi Soo-jin, the party’s chief floor spokesperson, said posts criticizing the government or raising reasonable suspicions could become targets of disputes.

“To avoid large damages and fines, platforms will have no choice but to preemptively delete posts even before illegality is clearly determined,” Choi said. “Excessive deletion and de facto prior censorship are structurally inevitable.”

People Power Party lawmaker Joo Jin-woo said he plans to file a constitutional challenge after the law takes effect.

“The law is rushed legislation that does not even have a body to determine false or manipulated information,” Joo wrote on social media. He said the measure violates constitutional protections against prior censorship as well as principles of proportionality and freedom of speech and the press.

The Democratic Party rejected the criticism and said the law is being misrepresented.

Jeon Su-mi, a party spokesperson, said the measure is not designed to silence ordinary citizens but to prevent malicious false information and so-called “cyber wreckers,” a Korean term for online personalities who profit from sensational or defamatory content.

“Not a single citizen who shares daily life, expresses legitimate political opinions or sharply criticizes power will be subject to punishment under this law,” Jeon said.

She accused the People Power Party of defending false information and online harassment by portraying basic social filtering as censorship.

The Democratic Party also criticized opposition proposals to limit regulation to already illegal information, saying such an approach would leave manipulated falsehoods unaddressed.

The dispute comes as South Korea continues to debate how to regulate online misinformation without chilling political speech. Supporters say the revised law is needed to hold malicious content creators accountable when false claims cause real harm. Critics say vague definitions could pressure platforms to over-remove content and discourage citizens from criticizing public officials.

The revised law was passed by the National Assembly in December under Democratic Party leadership.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260706010001674

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South Korean team uses brain oxidant to activate Alzheimer’s prodrug

An AI-generated illustration depicts research into a disease-activated prodrug for Alzheimer’s disease. Data from KAIST. Graphic by Asia Today and translated by UPI

July 2 (Asia Today) — South Korean researchers have developed an experimental prodrug that uses elevated hydrogen peroxide in brains affected by Alzheimer’s disease as a signal to activate treatment, KAIST said Thursday.

The compounds remained largely inactive under healthy brain conditions but became active therapeutic agents after encountering hydrogen peroxide associated with Alzheimer’s pathology. The researchers confirmed their effects in animal experiments.

The research was led by Mi Hee Lim, a professor in KAIST’s Department of Chemistry. The university worked with research teams led by Min Geun Kim of Chonnam National University, Chul Ho Lee and Kyung Sim Kim of the Korea Research Institute of Bioscience and Biotechnology and Young Ho Lee of the Korea Basic Science Institute.

A prodrug is an initially inactive compound that converts into an active treatment only under specific conditions in the body.

The research team designed its prodrugs to activate only when exposed to hydrogen peroxide, a reactive oxygen species found at elevated levels in brains affected by Alzheimer’s disease.

Hydrogen peroxide has generally been treated as a harmful substance that should be removed because it can damage cells. The researchers instead used it as a biological signal to switch on the treatment.

The two prodrugs, called BE-1 and BE-2, showed little reaction under healthy brain conditions. When exposed to hydrogen peroxide in an Alzheimer’s-like environment, they converted into active compounds known as AP-1 and AP-2.

The activation process reduced hydrogen peroxide and other reactive oxygen species. It also interfered with the aggregation of amyloid beta, a protein that can accumulate in the brain and form toxic clumps associated with Alzheimer’s disease.

Advanced analytical tests showed that the activated compounds altered the structure of amyloid beta and prevented it from developing into larger aggregates, the researchers said.

Tests using mice with Alzheimer’s-like conditions showed that the prodrugs crossed the blood-brain barrier, which regulates which substances in the bloodstream can enter the brain.

The compounds then converted into their active forms inside the animals’ brains. The findings demonstrated that the prodrugs could reach their intended target and respond to the disease-related environment.

The approach differs from treatments designed to act continuously against a single protein. Instead, the KAIST-led strategy uses conditions within diseased tissue to activate treatment only where it is needed.

Researchers said this targeted activation could provide a strategy for increasing therapeutic effects while limiting unnecessary activity in healthy tissue. KAIST said the technology could also have potential applications in treatments for Parkinson’s disease and other neurodegenerative disorders.

“This study is significant because it uses hydrogen peroxide, which had previously been regarded only as something that should be removed, as a signal that activates the drug,” Lim said.

“The technology, which activates drugs only in diseased tissue, could become a new platform for treating complex diseases such as Alzheimer’s more safely and effectively,” she said.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260702010001077

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South Korean prayer group holds fasting event for North Korea

A promotional poster announces the 36th Gospel Unification Conference, scheduled from 1:30 p.m. Monday through noon Friday at the Osanri Choi Jasil Memorial Fasting Prayer Mountain in Paju, Gyeonggi Province. Capture from Esther Prayer Movement website.

June 29 (Asia Today) — The Esther Prayer Movement began a five-day fasting prayer conference Monday in Paju, Gyeonggi Province, to pray for the salvation of North Koreans and what organizers call “gospel unification.”

The 36th Gospel Unification Conference, also called the Fasting Prayer Assembly for North Korea’s Salvation, will continue through Friday at the Osanri Choi Jasil Memorial Fasting Prayer Mountain.

Organizers use “gospel unification” to refer to reunification accompanied by religious freedom and the spread of Christianity in North Korea.

The interdenominational gathering brings Christians together to pray for what the organization describes as “a holy South Korea,” the salvation of North Koreans and gospel-based reunification.

The fasting prayer gathering began in January 2009 and has since been held twice a year, during the second week of January and the first week of July. The conferences run for five days and are livestreamed on YouTube for viewers in South Korea and abroad.

At its 35th conference in January, the organization announced a 40-day fasting prayer campaign for the country during 2026.

About 600 pastors and church members registered for the campaign, which is continuing throughout the year, organizers said. Members also participated in a 150-day special overnight prayer campaign from Jan. 17 through June 14.

The organization said the latest gathering is intended to draw attention to North Koreans living under the rule of the Kim family.

It said North Koreans are subjected to the state-sponsored deification of the ruling family and compelled to show reverence to statues and portraits of former leaders Kim Il Sung and Kim Jong Il.

Lee Yong-hee, head of the Esther Prayer Movement, cited Hebrews 13:3, which calls on Christians to remember prisoners and people who are mistreated.

He also cited 1 Timothy 5:8, which says believers should care for their relatives and immediate families.

“The Korean church should fulfill its responsibility toward fellow Koreans,” Lee said.

Lee said he had recently heard accounts that North Korean Christians who fasted and prayed during the gatherings experienced what they described as divine grace, including speaking in tongues.

“Let the underground church in North Korea, Korean churches overseas and churches around the world unite and do their utmost in fasting and prayer to bring forward the day of gospel unification,” Lee said.

He said Christians should make every effort if greater participation in fasting and prayer could hasten that day.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260629010009929

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World Cup 2026 exit leaves South Korean football in crisis

Failure in Group A brought fan anger to boiling point.

It started with a promising 2-1 win over the Czech Republic but then a team containing Son Heung-min, Lee Kang-in of Paris St-Germain and Bayern Munich’s Kim Min-jae lost 1-0 to Mexico. It left the Taeguk Warriors needing a point against South Africa to secure second.

Hong, who also led the team to a group-stage exit at the 2014 World Cup, left captain and talisman Son on the bench and the team slumped to defeat, with former Tottenham Hotspur defender Lee Young-pyo describing it on television as “the worst match by a Korean football team in the 21st century”.

After the game, a reporter asked Hong if there had been an outbreak of food poisoning in the camp or something similar, as there could be no explanation for such a performance. To make matters worse, South Korea had to wait more than three days in their training camp to discover whether they would squeeze through into the last 32 as one of the best third-placed finishers or go home.

The camp had not been an especially happy place as earlier in June, media personnel were overheard on camera mocking Son’s military record. The former Tottenham star won exemption from the country’s 21-month mandatory military service by being part of the team that took gold at the 2018 Asian Games. In return, the players boycotted domestic media duties for a number of days.

Son turns 34 in July and it would not be a surprise if he soon calls time on his international career. There will be no public return to South Korea as the welcome ceremony planned at Incheon International Airport was cancelled. The captain and the players have, however, escaped most of the public ire with the focus on how the sport is governed in the country.

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South Korean president, ex-players, fans demand change after World Cup exit | World Cup 2026 News

South Korea’s dismal World Cup first-round exit has prompted fury at home, and calls for a complete overhaul at the top have not been silenced by coach Hong Myung-bo’s resignation.

South Korea, World Cup semifinalists as cohosts in 2002, limped out of the tournament after failing to squeeze into the knockout rounds as one of the top eight third-place finishers.

They had the last 32 within their reach only to suffer a shock 1-0 loss to lower-ranked South Africa.

Their early exit prompted coach Hong to quit on Sunday and cast doubt over the international future of captain Son Heung-min.

It also earned the team a rebuke from the country’s president, Lee Jae Myung, who pointed the finger at “incompetent people” and apologised to the nation.

The president’s comments reflect public anger that has reached a boiling point after years of simmering discontent with South Korean football chiefs.

South Korean fans react after their team lost the 2026 World Cup football match against South Africa at Gwanghwamun Square in Seoul on June 25, 2026. (Photo by Jade GAO / AFP)
South Korean fans at the Gwanghwamun Square in Seoul react after their team lost against South Africa [Jade Gao/AFP]

Former captain Park Ji-sung said, “We may have expected this outcome years ago.

“We have to look back and ask ourselves why things have come to this,” the former Manchester United player said after the team’s elimination was confirmed.

“Even after spending a decade learning how to prepare for the World Cup and develop Korean football, we have forgotten those lessons once again.”

South Korea was expected to emerge from Group A that included cohosts Mexico, South Africa and Czechia.

They started with a 2-1 win over the Czechs but lost 1-0 to Mexico before bowing out against South Africa.

The team were expected to arrive home on Tuesday morning, but local media reported that the Korea Football Association (KFA) were not planning to organise an event to welcome them back.

In 2014, angry fans pelted the team with Korean candies – seen as a deeply offensive insult – when they returned from the World Cup in Brazil, where they went out in the group stage during Hong’s first spell as coach.

South Korea's head coach Hong Myung-bo gestures as he gives a press conference at Chivas Verde Valle in Guadalajara, Mexico on June 25, 2026, during the 2026 World Cup football tournament. (Photo by Ulises RUIZ / AFP)
South Korea’s head coach Hong Myung-bo stepped down after the team failed to reach the World Cup 2026 knockouts [Ulises Ruiz/AFP]

‘Message to change’

Hong has been a lightning rod for criticism since he returned to the job in July 2024, five months after his predecessor, German World Cup-winner Jurgen Klinsmann, was axed.

The KFA came under fire for the process that led to Hong’s reappointment, with questions asked over its transparency and fairness.

Hong, who was regularly booed by fans, did himself no favours at the World Cup by dropping star player Son for the South Africa game, in which South Korea needed only a point to progress.

Hong admitted afterwards that he was struggling to understand what had gone wrong, as the nation nervously waited for results in other games to decide their fate.

Soccer Football - FIFA World Cup 2026 - Group A - South Africa v South Korea - Estadio Monterrey, Monterrey, Mexico - June 24, 2026 South Korea's Son Heung-min warms up on the sidelines REUTERS/Eloisa Sanchez
Son Heung-min was benched against South Africa, a game South Korea went on to lose and ultimately exit from the World Cup [Eloisa Sanchez/Reuters]

Lee Chun-soo, a member of the 2002 World Cup team, said he “felt pathetic and frustrated rooting for Uzbekistan” against the Democratic Republic of the Congo in the hope that the result would send South Korea through.

“This is a message to change,” Lee said on his YouTube channel. “Everyone should be ready to step down.”

South Korean fans reserved a sizeable chunk of their anger for KFA President Chung Mong-gyu.

Chung said before the World Cup that he would quit after the tournament, blaming his “lack of virtue” following fierce criticism of his 13-year tenure.

The 65-year-old, who is in his fourth term as KFA president, came under fire for trying to pardon former players who were banned for life for match-fixing.

Chung and Hong might not be the only ones to bow out, with captain Son yet to comment on his future.

The skipper, who turns 34 next month, had previously hinted at retiring from international football.

Former captain Park said South Korea needed to learn from the past.

“It’s unfortunate that this kind of cycle keeps repeating,” he said.

“We must dream of and shape a better future, and move forward step by step so that we don’t repeat these mistakes.”

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South Korean forum urges wider clearance of DMZ land mines

South Korean Lee Hyung-il (65), who lost his leg after stepping on a landmine while farming at age 24, looks on landmine signs on display during an interview in the border village of Haemaru-chon near the Demilitarised Zone (DMZ) in Paju, South Korea, 17 June 2026. Former South Korean soldier Kim Ki-ho has spent more than two decades working alone to remove millions of landmines left along the border since the Korean War (1950–53). Kim said he will continue the high-risk work for the rest of his life to help promote regional peace. Photo by JEON HEON-KYUN / EPA

June 26 (Asia Today) — South Korean defense experts, mine-clearance researchers and technology companies called for broader government, military and civilian cooperation to remove land mines and unexploded ordnance near the Demilitarized Zone, saying the weapons continue to threaten residents more than seven decades after the Korean War.

The Defense and Security Forum held its fourth roundtable Thursday at the Korea Mine Clearance Research Institute’s DMZ Peace Center in Haemaru Village in Paju, a restricted border area north of the Civilian Control Line.

The event, titled “Korean War DMZ Field Forum: Peace Grows When the Land Heals,” coincided with the 76th anniversary of the outbreak of the 1950-53 Korean War and South Korea’s month of remembrance for veterans.

Security specialists, field researchers, border residents and representatives of defense and information technology companies discussed mine removal, restoration of contaminated land and cooperation among government agencies, the military and private organizations.

The forum said areas contaminated by land mines, unexploded ordnance and other explosives in and near the DMZ and Civilian Control Zone are estimated to cover about 128 square kilometers, or 49 square miles.

It also cited estimates that about 2 million land mines remain buried across the Korean Peninsula’s heavily fortified border region.

The mines are not merely remnants of a past conflict, participants said. They continue to endanger people living in border communities and impede plans to preserve the DMZ as an internationally recognized area of peace and environmental conservation.

Residents in front-line communities face risks while farming, traveling and using land near suspected minefields.

Participants said previous mine-clearance accidents have also made local governments reluctant to pursue development, public infrastructure and community revitalization projects in some border regions, including areas around Cheorwon in Gangwon Province.

The discussion came after South Korea’s mine-action law took effect in February 2025.

The law establishes procedures for safely detecting and removing mines, unexploded ordnance, abandoned munitions and booby traps that are no longer considered militarily necessary.

It also allows qualified private corporations and organizations to conduct detection and removal work under government approval and safety requirements. The military previously handled most such operations.

Participants said cooperation with civilian specialists has become increasingly important as South Korea’s military faces declining troop numbers and difficulties retaining experienced mine-clearance personnel.

Baek Gun-ki, chairman of the Defense and Security Forum, said the country must remember the lessons of war while working toward a safer future.

“We must reflect on the tragic lessons of war and open the way toward a secure future for South Korea,” Baek said.

Seo Nam-yeol, president of the forum, moderated the discussion.

Kim Ki-ho, director of the Korea Mine Clearance Research Institute, presented an assessment of unconfirmed minefields and proposed directions for future clearance operations.

Forum director Kang Tae-jun outlined the South Korean Defense Ministry’s mine-action road map and discussed steps needed to expand cooperation between military and civilian organizations.

Representatives of South Korean defense and technology companies developing artificial intelligence-based detection systems and other advanced mine-clearance equipment also attended.

They discussed the technical limitations of equipment now used by the military and civilian organizations and agreed to pursue cooperation on developing and testing more advanced systems under field conditions.

Participants said mine action is evolving from a labor-intensive military task into a broader security and humanitarian undertaking that combines advanced technology, government policy and specialized civilian expertise.

Following the roundtable, participants visited a nearby area classified as an unconfirmed minefield.

The forum said the visit demonstrated that land mines are not solely a military issue but also affect public safety, land use, economic development and the daily lives of people in border communities.

“Land mines are like bullets lodged in the waist of the Korean Peninsula,” the forum said. “Only after those bullets are removed can vitality return to the peninsula and the lives of border residents fully recover.”

The group called on the central government, military, local governments and private mine-clearance organizations to develop a coordinated national response.

The forum said it plans to launch a nationwide campaign supporting mine clearance across the Korean Peninsula.

It also plans to strengthen South Korea’s mine-action capabilities and expand cooperation with international organizations and overseas specialists, including the United Nations Mine Action Service.

Organizers said South Korea could use its growing defense technology expertise to contribute to international humanitarian mine-clearance operations as well as domestic efforts.

A preliminary discussion featuring Kim and Seo was released online before the event. Video of the roundtable and field visit is expected to be published through the YouTube channel Cheongunmanma.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260626010009324

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41.6% of South Korean workers open simulated phishing emails

Officials at the Korea Internet & Security Agency (KISA) check Internet systems at the KISA situation room in Seoul, South Korea. Photo by YONHAP / EPA

June 26 (Asia Today) — More than 4 in 10 South Korean employees who participated in a government cybersecurity exercise opened simulated phishing emails, but companies that had conducted repeated training recorded significantly better results, officials said Friday.

The Ministry of Science and ICT and the Korea Internet & Security Agency announced the findings at a review meeting at the Post Tower in central Seoul.

A total of 630 companies and 255,460 employees participated in the government’s cybersecurity crisis response exercise for the first half of 2026.

The government conducts the exercise twice a year to improve security awareness and strengthen companies’ ability to respond to cyberattacks.

The latest exercise was held from May 11 through May 22 and covered four areas: phishing emails, distributed denial-of-service attacks, penetration testing and vulnerability detection and response.

The phishing exercise targeted employees at 569 companies.

Participants received simulated malicious emails designed to resemble messages from familiar institutions or routine workplace correspondence.

The government monitored whether participants opened the emails and clicked attached files that would have triggered malware infections in a real attack.

The results showed that 41.6% of participants opened the simulated phishing emails. About 12.7% clicked an attachment and reached the simulated malware infection stage.

Large companies, which had the highest rate of conducting their own cybersecurity exercises, recorded the lowest figures.

Employees at large companies had an email open rate of 35.4% and a simulated infection rate of 9.8%, highlighting the value of repeated training, officials said.

The distributed denial-of-service exercise tested web servers and development servers at 147 companies by sending simulated attack traffic.

Officials measured how quickly each company detected and responded to the traffic.

Companies that had previously participated in the exercise took an average of 20 minutes to detect and respond to the attack.

First-time participants took an average of 64 minutes, more than three times as long.

The vulnerability assessment covered 241 companies.

Investigators found 28 types of security vulnerabilities at 32 companies. Twelve of those companies had six types of vulnerabilities that required immediate corrective action.

The ministry and the agency provided the affected companies with their assessment results and instructions for addressing the weaknesses.

Lim Jeong-gyu, director general for information security network policy at the ministry, said the emergence of advanced artificial intelligence was making cyber threats facing companies increasingly serious.

“Building technical defense systems is important, but having all employees directly experience and respond to a simulated crisis can prove invaluable at a critical moment,” Lim said.

He encouraged companies to participate regularly in cybersecurity exercises rather than treating them as one-time events.

Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260626010009374

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South Korean banks tighten lending as quotas fill early

A view of the Bank of Korea headquarter building in Seoul, South Korea, 15 June 2026. Photo by JEON HEON-KYUN / EPA

June 26 (Asia Today) — South Korean banks are restricting mortgages and personal loans months earlier than usual as rapid household debt growth threatens to exhaust their annual lending quotas.

The country’s five largest commercial banks – KB Kookmin, Shinhan, Hana, Woori and NH NongHyup – recorded household loan growth through May that exceeded targets agreed upon with financial regulators, according to banking industry data released Friday.

Their combined household loan balance increased from 767.296 trillion won ($496.4 billion) at the end of April to 770.823 trillion won ($498.7 billion) at the end of May.

The one-month increase was 3.527 trillion won ($2.3 billion).

Mortgage growth slowed, but personal credit borrowing rose rapidly as a strengthening stock market encouraged more investors to borrow money to buy shares.

Outstanding personal credit loans at the five banks increased by 2.174 trillion won ($1.4 billion), from 104.341 trillion won ($67.5 billion) in April to 106.515 trillion won ($68.9 billion) in May.

Banks have responded by reducing loan limits, restricting online applications and suspending products that allow borrowers to receive larger mortgages.

Hana Bank will suspend enrollment Wednesday in mortgage insurance and guarantee programs that allow banks to lend without deducting an amount reserved to protect tenants’ small security deposits.

Without the programs, the maximum mortgage available for an apartment may fall by about 55 million won ($35,600) in Seoul and 48 million won ($31,100) in Gyeonggi Province.

KB Kookmin Bank suspended the programs Friday, while NH NongHyup Bank had already stopped offering them.

Industrial Bank of Korea also stopped accepting some individual loan applications submitted through outside loan consultants.

Banks have also reduced unsecured credit limits.

Hana Bank and Woori Bank lowered their personal credit loan limits to 100 million won ($64,700).

Shinhan Bank is reducing the limits on revolving credit lines by as much as 20% when customers renew them.

Online lenders KakaoBank, Kbank and Toss Bank have also reduced limits on personal loans and revolving credit accounts and restricted some new lending.

Banking officials said the restrictions began unusually early this year.

Banks ordinarily introduce stronger lending controls around October or November as they approach their annual household loan limits.

This year, however, regulators set substantially lower growth targets and banks are attempting to prevent a rush of applications late in the year.

One banking official said loan applications and inquiries increased after the government signaled that it would continue tightening household debt controls.

Some borrowers are seeking loans earlier because they fear financing will become more difficult later in the year, the official said.

Annual lending restrictions are not new in South Korea.

Banks sometimes receive permission to issue additional loans if their annual limits are exhausted earlier than expected. In other cases, borrowers must delay loans until the following year.

Lee Eun-hyung, a researcher at the Korea Research Institute for Construction Policy, said banks have repeatedly adjusted lending levels to comply with annual debt-management targets.

“Whether additional lending capacity is provided at the end of the year depends on the government’s policy direction and market conditions at that time,” Lee said.

Banking officials said additional lending allocations appear unlikely this year because the government remains focused on controlling household debt and stabilizing the real estate market.

Easing restrictions while housing prices remain elevated could further stimulate demand, they said.

The possibility that banks could exhaust their quotas early has prompted some prospective borrowers to accelerate home purchases or seek loan approval before further restrictions are introduced.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260626010009438

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S. Korean ex-first lady sentenced to 7 years in prison for taking gifts for job appointments

A TV screen shows a live broadcast of former first lady Kim Keon Hee’s bribery trial at Seoul Station on Friday. Kim was sentenced to seven years in prison. Photo by Yonhap

A Seoul court on Friday sentenced former first lady Kim Keon Hee to seven years in prison for taking expensive gifts in return for job appointments and business favors.

The Seoul Central District Court handed down the sentence to Kim, the wife of ousted former President Yoon Suk Yeol, after she was indicted on charges of accepting bribes for mediation, including over 100 million won (US$64,750) worth of jewelry in exchange for a government job for a son-in-law of a construction company chairman.

In total, she was charged with taking approximately 300 million won worth of gifts, and the court found her guilty on all counts.

“The defendant disregarded the social responsibilities associated with the position of first lady and used it merely as a means to pursue her private interests,” presiding judge Cho Sun-pyo said during the hearing, which was televised live.

Kim was indicted in December on charges of receiving a Van Cleef & Arpels necklace and other jewelry from the construction company chairman between March and May 2022; a golden turtle ornament in April 2022 from Lee Bae-yong, former head of the National Education Commission, in exchange for her appointment; a Dior bag worth 5.4 million won from a pastor the same year; and a Vacheron Constantin watch from another businessperson in September 2022.

In February 2023, she was accused of receiving a painting by renowned artist Lee Ufan from a former prosecutor in return for her help in securing him a nomination for an election.

The exchanges mostly took place during the period her husband was in office from May 2022 until his ouster in April 2025.

The judge said Kim sought to evade responsibility for her crimes by returning some of the gifts once an investigation got under way or arguing she had purchased them herself.

“This shows that she was fully aware of the illegality of her actions but tried to conceal it,” he said.

Special counsel Min Joong-ki’s team, which had demanded a 7 1/2-year prison term, welcomed the ruling. Kim’s lawyers said they would appeal.

The court also sentenced the construction company chairman to a one-year prison term, suspended for two years, the businessperson who gifted the watch to a 10-month prison term, suspended for two years, and the pastor to a fine of 8 million won.

The former first lady has already been sentenced by an appeals court to four years in prison in a separate corruption case.

She is also set to stand trial over her alleged involvement in a case where members of the Unification Church were reportedly forced to join the now main opposition People Power Party ahead of the 2022 presidential election in an attempt to influence the outcome of the party primary to pick its presidential candidate, which her husband Yoon won.

Copyright (c) Yonhap News Agency prohibits its content from being redistributed or reprinted without consent, and forbids the content from being learned and used by artificial intelligence systems.

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South Korean activist proposes satellite link for North Korea

From left, People Power Party lawmaker Song Seok-jun, Committee for Ten Million Separated Families Chairman Jang Man-soon and Kenneth Bae, president of New Korea Foundation International, attend a news conference opposing the South Korean government’s two-state approach to inter-Korean relations at the National Assembly in Seoul on Thursday. A sign-language interpreter is at far right. /Citizens’ Solidarity for ONE KOREA

June 25 (Asia Today) — A South Korean civic leader proposed creating a satellite communications network modeled on SpaceX’s Starlink to provide outside information to people in North Korea.

Jang Man-soon, chairman of the Committee for Ten Million Separated Families and a co-chair of Citizens’ Solidarity for ONE KOREA, called the proposed system “Korea Link.”

“If we place a system similar to Starlink over North Korea, we could inform North Koreans who have access to approximately 8.5 million mobile phones about the realities and conditions in South Korea,” Jang said during an interview Thursday at the National Assembly in Seoul.

The figure was Jang’s estimate and could not be independently confirmed.

Jang said the network could communicate the importance of freedom to North Korean residents and correct historical accounts and information distorted by the North Korean government.

He said it could also help North Koreans develop pride in the goal of Korean unification.

Jang argued that a new means of communication is necessary because traditional methods of reaching North Koreans, including radio broadcasts and border loudspeakers, have become increasingly restricted.

He said North Korean leader Kim Jong Un’s “two hostile states” policy is partly intended to isolate residents from outside information.

“North Korea is at a disadvantage in politics, economics, culture and military power, so the government is trying to block outside information from reaching its people,” Jang said.

Jang also discussed the declining prospects for families separated by the division of the Korean Peninsula and the 1950-53 Korean War.

“The wish of separated families is no longer simply to reunite with relatives,” he said. “It is to set foot in their hometowns.”

Many first-generation separated family members are now in their 90s, and few still have living parents in North Korea, he said.

“Their greatest wish is to visit their hometowns before they die,” Jang said.

He warned that public awareness of separated families is fading with each generation.

Jang called for expanded unification education for young people, opportunities to hear testimony from first-generation separated family members and educational visits to areas near the inter-Korean border.

“The reality is that only about half of the public now believes unification is necessary,” he said. “We are preparing various activities, including youth education, testimony from first-generation separated families and visits to border regions.”

Jang urged the South Korean government to participate in practical projects intended to support North Korean residents and preserve awareness of freedom and unification.

“If we view the people of North Korea as members of the same nation, I hope the government will participate in the practical plans we are pursuing,” he said.

“We must work together to establish a foundation that will allow future generations to understand the meaning of genuine freedom in the Republic of Korea.”

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260625010009002

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South Korean court again rejects bid to preserve ballots

Court personnel leave a senior citizens’ center at Woosung Apartments in Jamsil, Seoul, after completing an on-site inspection on June 10 under a partially granted evidence-preservation request filed by the Reform Party. Photo by Asia Today

June 25 (Asia Today) — A South Korean court has again rejected a request to preserve ballots, ballot boxes and other election materials kept at a counting center in Seoul’s Songpa District.

The First Civil Division of the Seoul Eastern District Court, led by Presiding Judge Joo Jin-am, dismissed an appeal Tuesday filed by the Freedom and Innovation party against the chair of the Songpa District Election Commission.

The materials were stored at a counting center inside the Olympic Park Handball Gymnasium.

The court rejected the party’s initial evidence-preservation request on June 12, prompting the party to appeal.

Freedom and Innovation claimed that ballot-paper shortages, the transportation of ballot boxes and other alleged irregularities during the June 3 nationwide local elections could have affected the voting and counting results.

The party sought court preservation of ballots, ballot boxes and related materials for possible use in future litigation.

The court, however, found that the application failed to satisfy legal requirements including relevance and necessity.

Judges said there was no sufficient connection between the ballot shortages and the requested preservation of ballots and ballot boxes from polling places where voting had been completed normally.

The court also determined that obtaining the materials would not help establish the disputed issues in an underlying lawsuit.

It said a separate preservation order was unnecessary because election law already requires the materials to be retained.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260625010009154

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Unpaid household care for South Korean children valued at $75B

A chart illustrates how the estimated value of unpaid household labor is transferred among children, working-age adults and older people in South Korea. Information from Ministry of Data and Statistics. Infographic by Asia Today and translated by UPI

June 23 (Asia Today) — The estimated value of unpaid household services consumed by South Korean children totaled 116.6 trillion won ($75.3 billion) in 2024, with parents and grandparents providing much of the work, government data showed Tuesday.

The Ministry of Data and Statistics published the findings in South Korea’s 2024 National Time Transfer Accounts, which measure how unpaid household work is produced, consumed and transferred among age groups.

The account covers services that are generally excluded from gross domestic product, including cooking, cleaning, household management, caregiving and volunteer work.

The figure does not represent money that families paid for child care. It estimates the market value of unpaid services by using the time spent on household work, population figures and the wages that would be required to hire someone to perform similar tasks.

Children ages 14 and younger recorded a household-work lifecycle deficit of 116.6 trillion won because they consumed unpaid services but did not produce them.

A lifecycle deficit occurs when the value of household services consumed by an age group exceeds the value it produces.

About 107.3 trillion won ($69.3 billion), or 92% of the children’s deficit, was covered through transfers within the same household. This category largely represents time and labor provided by parents and other family members living with the children.

An additional 9.4 trillion won ($6.1 billion) came through transfers between households, which can include care provided by relatives living separately.

Working-age people between 15 and 64 produced unpaid household services valued at 444.4 trillion won ($287 billion) and consumed services worth 336.1 trillion won ($217 billion).

That left the group with a surplus of 108.3 trillion won ($69.9 billion).

The working-age population transferred a net 104.6 trillion won ($67.5 billion) in unpaid services to other members of the same households, primarily children.

The data show that people in their 30s and 40s, who are often raising young or school-age children, were at the center of the transfer system.

On a per-person basis, the household-work surplus reached its highest level at age 39, at 10.35 million won ($6,700).

Older South Koreans also made a net contribution.

People ages 65 and older produced household services valued at 138 trillion won ($89.1 billion) while consuming 129.7 trillion won ($83.8 billion), leaving a surplus of 8.3 trillion won ($5.4 billion).

They transferred a net 5.7 trillion won ($3.7 billion) in services between households. The ministry said the pattern reflects contributions such as grandparents caring for grandchildren who live in separate households.

Per-person household production peaked at age 40, declined and then increased again after retirement, producing what the ministry described as an M-shaped pattern.

Unpaid housework and care for grandchildren contributed to the later increase.

The lifecycle deficit was highest at birth, reaching 37 million won ($23,900) per person.

The balance shifted into a surplus at age 28, reached its peak at age 39 and returned to a deficit at age 82.

Those ages do not indicate when income begins to exceed personal spending. They show when the estimated value of unpaid household services a person produces becomes greater or smaller than the value of services the person consumes.

Household-service consumption was highest at birth and lowest at age 19, forming an L-shaped pattern.

Compared with 2019, the total deficit for children declined by 7.5 trillion won ($4.8 billion). Surpluses among working-age and older people also decreased.

The results provide a broader measure of the economic contributions made inside families, including work performed by parents and grandparents that does not appear in conventional income or production statistics.

— Reported by Asia Today; translated by UPI

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Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260623010008145

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South Korea’s LS Electric builds Utah growth on Korean War ties

South Korean soldiers escort a group of Korean War veterans from Commonwealth nations during a ceremony marking the 73rd anniversary of the Battle of Kapyong, in Gapyeong County, northeast of Seoul, South Korea. The Battle of Kapyong, from 22 to 27 April 1951, was fought between United Nations Command forces composed mainly of Canadian, Australian, and New Zealand troops, and invading Chinese forces along the Gapyeong (Kapyong) River valley. Photo by YONHAP / EPA

June 23 (Asia Today) — South Korean power equipment maker LS Electric is strengthening its ties with communities in Utah by honoring Korean War veterans and investing in local education as it expands in the fast-growing North American power market.

Demand for power equipment has surged as artificial intelligence companies build more data centers across North America. Against that backdrop, LS Electric Chairman and Chief Executive Officer Ja-Kyun Koo has emphasized what the company describes as a management strategy based on long-term trust with local communities.

LS Electric said Koo has pursued the strategy through LS Electric Utah, formerly MCM Engineering II, in Cedar City. The South Korean company acquired the operation in 2022 and has since directed an expansion of its production facilities.

Koo has highlighted a Korean War engagement involving soldiers from southern Utah as a historical link between the state and South Korea.

On May 26, 1951, 240 members of the Utah National Guard’s 213th Armored Field Artillery Battalion encountered a Chinese force of more than 4,000 troops near Gapyeong in Gyeonggi Province.

The engagement became known in Utah as the “Miracle at Kapyong.” Accounts maintained by the Utah National Guard say the soldiers fought off the advancing force without losing a member of the unit in the battle.

Families and descendants of the veterans remain part of the community around Cedar City, where LS Electric Utah is based.

Koo said the soldiers’ service in an unfamiliar country demonstrated the kind of courage and commitment that a Korean company operating in Utah should recognize.

LS Electric this year sponsored a Southern Utah University program supporting Korean War veterans. The company also paid the travel expenses of surviving veterans who visited South Korea in May for a ceremony marking the 75th anniversary of the Utah unit’s action near Gapyeong.

The company has also supported the development of science, technology, engineering and mathematics education facilities at Southern Utah University as part of its efforts to train workers for the region’s future industries.

LS Electric joined a separate initiative led by the Korea Chamber of Commerce and Industry to connect Korean companies operating in the United States with veterans who previously served with U.S. Forces Korea.

The company said the program could help Korean businesses recruit workers who already have experience with South Korea and its culture.

LS Electric’s community engagement has accompanied a sharp increase in orders for equipment used in North American data centers.

Korea Investment & Securities said LS Electric secured two North American data center equipment projects during the second quarter with a combined value of 489.3 billion won, or about $318 million.

The brokerage expects the company’s North American data center orders to increase by more than 50% from a year earlier and surpass 1.5 trillion won, or about $974 million, in 2026.

“Today, our firm footing in the U.S. market rests on the noble sacrifice of Utah veterans who fought for freedom and peace,” Koo said.

“Remembering and honoring the heroes who created the Miracle at Kapyong is a responsibility that companies should fulfill,” he said.

Koo said businesses built on strong relationships with their communities would be better positioned to achieve stable, long-term growth.

— Reported by Asia Today; translated by UPI

© Asia Today. Unauthorized reproduction or redistribution prohibited.

Original Korean report: https://www.asiatoday.co.kr/kn/view.php?key=20260623010008080

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BTS’ Jungkook tops 3 bln Spotify streams with ‘Seven,’ first for Korean artist

BTS member Jungkook, seen here performing in New York’s Central Park in September 2023, topped 3 billion Spotify streams with his single “Seven,” his agency BigHit Music said Tuesday. File Photo by John Nacion/UPI | License Photo

“Seven,” a hit solo track by BTS member Jungkook, has surpassed 3 billion streams on Spotify, making him the first Korean artist to hit the threshold with a single song, his agency BigHit Music said Tuesday.

“Seven” is also the only song released in 2023 globally to reach the milestone, according to the agency.

A passionate serenade about wanting to spend every day with a loved one, “Seven” blends a catchy melody with a warm acoustic guitar sound and rhythms from UK garage, a genre of electronic music that emerged in Britain in the early 1990s.

The song’s music video surpassed 600 million views on YouTube in April.

Since its release, “Seven” has enjoyed worldwide success, debuting at No. 1 on the U.S. Billboard Hot 100 and reaching No. 3 on the British Official Singles Chart Top 100.

K-pop supergroup BTS, to which Jungkook belongs, is currently on its largest-ever scale world tour, “Arirang.”

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