Asia South Korea A traditional rainmaking ritual called giuje was performed by the Gangneung Danoje Preservation Committee as severe drought is gripping the coastal city of Gangneung; water at Obong Reservoir stood at 18,3% and is projected to last other 22 days
Asia South Korea 2026 economic master plan aims at a “great economic leap,” forecasting 2% GDP growth; government plans substantial investments in semiconductors, AI, defense and biotech, new fiscal policy, price stabilization and measures to boost consumption
Asia South Korea Former oceans minister was summoned by police over a bribery scandal involving the Unification Church: prosecutors allege he received cash and a luxury watch in exchange for backing church-linked projects; Chun denies the claims as raids widen the probe
Asia South Korea A sovereign fund and an export fund will be launched in 2026; finance ministry plans better management of state assets, new U.S.-focused investment tools under the recent tariff deal, and measures to foster AI industries and strengthen economic security
Asia South Korea Art Odyssey, promoted by art institutions and cultural authorities, aims to coordinate global promotion of Korean art by linking museums, curators and research programs; It supports joint exhibitions, exchanges and strategies for artistic presence abroad