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People
Science ICT vice minister Ku Hyeok-chae encourages staff working at earthquake control room over Lunar New Year holiday
Science and ICT Vice Minister Ku Hyeok-chae visited the Korea Institute of Geoscience and Mineral Resources in Daejeon on Feb. 17 to encourage employees working on safety duties over the Lunar New Year holiday. The institute’s earthquake comprehensive situation room monitors and analyses earthquakes on and around the Korean peninsula and operates 24 hours a day year-round for real-time response. It shares observations with relevant agencies through the national network.
Finance
President Lee Jae-myung says KOSPI 5,000 is part of normalisation, warns of ruin for stock manipulation
President Lee Jae-myung (이재명) says South Korea’s stock market is undergoing a “normalisation” process as it moves out of an undervalued phase, with the KOSPI nearing 5,000. He says the rise reflects easing undervaluation alongside an AI and semiconductor boom. Lee cites peace risk, management and governance issues, market risks such as stock manipulation, and political uncertainty as key causes of undervaluation. He pledges tough enforcement against unfair trading and backs reforms to protect minority shareholders.
General News
President Lee says 2026 will be year of great leap through major transition
President Lee Jae-myung said he will move forward in 2026 with the public’s support so the year is recorded as the first year of a great leap through major transition. In a New Year address, he pledged leaps in all areas and said last year saw a faster-than-expected recovery in the economy and democracy. He outlined five paths of transformation, including regional growth, broader sharing of gains, startup-led society, safety-first sustainable growth, culture-led growth and efforts toward peace on the Korean Peninsula.