South Korean President Lee Jae Myung instructed officials on Friday to boldly push for large-scale housing supply to cool down overheated real estate prices in Seoul and adjacent areas.
South Korean President Lee Jae Myung pledged to review government policies that disadvantage young married couples in housing loans and welfare benefits, aiming to remove marriage penalties.
South Korean President Lee Jae Myung has designated Andong and four nearby towns as special disaster zones following severe flood damage from heavy rains in July.
President Lee Jae Myung stressed the need to address public concerns over police investigative capabilities after a legal revision abolished prosecutors' direct investigation authority.
South Korean President Lee Jae Myung called for integrating the Army, Navy, and Air Force academies into a single institution to prevent future military coups, pointing out that past coups originated from Korea Military Academy graduates.
South Korean President Lee Jae Myung will preside over a closed-door meeting this week to review real estate market policies and discuss increasing housing supply to rein in soaring prices.
South Korean President Lee Jae Myung urged bold AI investments, export diversification, and energy security during government policy briefings to navigate global industrial restructuring.
Güney Kore'yi etkileyen aşırı sıcak hava dalgasında 16 kişi hayatını kaybetti. Yangsan'da sıcaklık 42,5 dereceyle rekor kırarken, Seul için ilk kez en yüksek seviyede sıcaklık uyarısı verildi.
President Lee Jae Myung defended a bill ending prosecutors’ direct investigation authority, calling it a step toward judicial normalization, and warned of heat wave risks while urging protective measures for vulnerable workers.
President Lee Jae Myung defended a bill abolishing prosecutors' direct investigative powers, calling it judicial normalization, and signaled he will sign it despite opposition calls to veto. He argued the bill does not threaten constitutional order but warned police must improve transparency.
President Lee Jae Myung defended a law ending prosecutors' direct investigations, calling it the start of judicial normalization, and said he will sign it despite opposition calls to veto it.
South Korea's administration unveiled a property tax reform plan focusing on higher taxes rather than expanding housing supply, drawing criticism for fueling housing anxiety and placing heavy burdens on homeowners.
President Lee Jae Myung returned to Seoul after an 11-day overseas tour, which included meetings with U.S. tech leaders in San Francisco and summits with the presidents of Brazil, Chile, and Argentina. He is scheduled to resume policy briefings and discuss domestic issues.
President Lee Jae Myung's approval rating dropped to 45.9%, its lowest since June last year, while negative assessment hit 50.5%. This decline is linked to a stock market plunge and controversy over a potential constitutional amendment allowing presidential reelection, sparked by National Assembly Speaker Cho Jeong-sik's remarks.
President Lee Jae Myung will hold an emergency meeting Monday upon returning from an 11-day trip to discuss real estate and stock market policies. The closed-door session will address property tax revisions, housing supply, and measures for single-stock leveraged ETFs.
President Lee Jae Myung concluded a trip to the U.S. and South America, focusing on AI cooperation with U.S. tech giants like Nvidia in San Francisco and securing critical minerals with Brazil, Chile, and Argentina. The tour aimed to bolster South Korea's AI semiconductor hub vision and diversify mineral supplies.
President Lee Jae Myung met with the Korean community in Frankfurt, Germany, emphasizing their crucial role as a bridge between South Korea and Germany, especially given the active presence of South Korean companies in the region.
President Lee Jae Myung arrived in Frankfurt, Germany, to meet with the Korean community, marking the final stop of his five-nation tour. The tour focused on promoting South Korea's AI semiconductor vision and strengthening cooperation on critical mineral supplies before his return to Seoul.
President Lee Jae Myung concluded a trip to San Francisco and three South American nations, securing US$950 billion in AI chip supply deals with US tech giants like Nvidia and OpenAI, and expanding critical mineral cooperation with Brazil, Chile, and Argentina to cement South Korea's role as a global AI semiconductor hub.
President Lee Jae Myung concluded his visit to Argentina, agreeing with President Javier Milei to boost cooperation on critical minerals, including lithium, and South Korea's crude oil imports from Argentina. They also pledged to resume FTA talks with Mercosur.
In Hwaseong, South Korea, AI is altering how work is measured, challenging traditional hourly labor laws. This shift, exemplified by engineers' productivity, highlights a tension between existing regulations and the new value of knowledge work, prompting calls for officials to expedite processes despite labor law violations.
South Korean President Lee Jae Myung held summit talks with Argentine President Javier Milei in Buenos Aires, focusing on cooperation in critical mineral supply chains, energy, food, and the potential resumption of trade agreement negotiations with the Mercosur bloc.
South Korean President Lee Jae Myung stated in Buenos Aires that South Korea and Argentina will begin a new era of cooperation, emphasizing the strategic importance of closer bilateral collaboration on critical minerals, energy, and infrastructure, following a summit with President Javier Milei.
South Korean President Lee Jae Myung urges expansion of US-Korea alliance into tech, innovation, and startups, leveraging US venture capital and Korea's advanced manufacturing.
