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Yoon names new Supreme Court chief justice

President Yoon Suk Yeol on Tuesday nominated Lee Gyun-ryong, a judge at the Seoul High Court, as the new Supreme Court chief justice, his office said. The nomination comes as current Chief Justice Kim Meong-su's term is set to end Sept. 24. Lee is a graduate of the Seoul National University School of Law and has served as a judge at various courts, including the Seoul Central District Court and the Gwangju High . ....

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Yoon likely to replace industry minister: sources

President Yoon Suk Yeol reportedly plans to replace his industry minister, according to sources Monday. According to a presidential office official, Bang Moon-kyu, minister of government policy coordination, is expected to be appointed to replace Lee Chang-yang, minister of trade, industry and energy, on Tuesday. A career public servant, Bang has extensive experience in areas related to ministries of finance, agricul. ....

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S. Korea to closely monitor consumer prices of key items ahead of Chuseok

South Korea's finance ministry said Friday it plans to closely monitor consumer prices of key items ahead of the Chuseok holiday amid lingering economic uncertainties. "We plan to thoroughly manage the supply of highly demanded products for Chuseok, and roll out various promotional events under ties with the retail sector," First Vice Finance Minister Bang Ki-sun said during a meeting with economy-rela. ....

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Korea closely monitoring impact of US credit downgrade: finance ministry

Fitch Ratings has downgraded the United States government s credit rating, citing rising debt at the federal, state, and local levels and a “steady deterioration in standards of go. ....

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S. Korea closely monitoring impact of U.S. credit downgrade: finance ministry

SEOUL, Aug. 2 (Yonhap) South Korea is closely monitoring the aftermath of the U.S. cred. ....

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