Asia South Korea The new National Assembly of 300 members selected in last week's general election will have no independent members for the first time in over five decades: 58 candidates without political party affiliation ran in 254 constituency, but none prevailed
Asia South Korea Travel bans have been imposed on three civilians accused of flying drones toward North Korea from Ganghwa, allegedly photographing a Marine base; case widened as links emerged to former presidential staff and military intelligence–related online outlets
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