Seoul and Washington unveiled plans for three investment projects in the United States — a $22.3 billion Texas gas-fired power plant for data centers, a framework to build eight large nuclear reactors and a review of an Alaska liquefied natural gas (LNG) project. The projects are part of a $200 billion investment commitment under a Korea-U.S. agreement signed in November 2025, with the two governments seeking to expand cooperation in energy and other strategic industries while creating new openings for Korean suppliers in the U.S. market. "The colossal package of investments we are announcing today is a major step toward securing our critical energy supply chain, ensuring American energy dominance, and making our partnership with South Korea and the entire Pacific region stronger than ever before," U.S. President Donald Trump said during a press conference in Washington, Wednesday (local time). The Texas power plant project, dubbed Project Star, calls for a 6,472-megawatt combined-cycle gas power plant in Encinal to supply electricity directly to artificial intelligence (AI) data cent

Korea and the United States have formally selected a gas-fired power plant project in Texas as the first project under Seoul's $350 billion investment commitment to the U.S., the industry ministry said Thursday. The Ministry of Trade, Industry and Resources announced the three projects, including the Texas plant, after the two sides signed a memorandum of understanding (MOU) in November last year, under which Korea pledged to invest in the U.S. in return for lower U.S. tariffs on Korean imports. The formal announcement comes after U.S. President Donald Trump on Wednesday (U.S. time) announced Korea's investment plans at the White House. The investment will comprise $150 billion for shipbuilding cooperation and $200 billion for projects in various strategic sectors. "As taxpayers' money will be injected into the initiative, we have placed top priority on the commercial viability of the projects and the national interest to ensure that not a penny goes to waste," Industry Minister Kim Jung-kwan told reporters during a briefing. "We held consultations with the U.S. side while carefully exami

Korean companies are advised to expand their operations in the United States, as bilateral economic ties increasingly extend beyond trade to investment, technology and supply-chain resilience, the American Chamber of Commerce in Korea (AMCHAM) said Wednesday. The U.S. business lobby and the Korea Chamber of Commerce and Industry (KCCI) discussed opportunities and challenges of Korean firms when they expand investment and operations in America during the eighth annual Doing Business in the U.S. Seminar. The seminar was held as part of a special program marking the 250th anniversary of U.S. independence. AMCHAM Chairman James Kim said the economic relationship between the two countries is increasingly driven by the aforementioned sectors, rather than trade alone. “The next chapter of the U.S.-Korea economic partnership will be defined not simply by how much we trade, but by how much we build, invest, innovate and grow together,” Kim said. KCCI Executive Vice Chairman Kim Jeong-il emphasized the need for Korean companies to understand local regulations and business conditions, while buil

President Lee Jae Myung on Thursday pledged to persistently seek practical ways to reduce military tensions with North Korea, even as the two Koreas are at odds over the recent blast of North Korean mines along the border. The president made the remarks on North Korea at a ceremony marking the 78th Armed Forces Day at the military headquarters in Gyeryongdae, South Chungcheong Province, following last week's explosions of two North Korean mines in the Demilitarized Zone (DMZ) that left three South Korean soldiers wounded. "My administration will consistently pursue practical measures to reduce military tensions between the two Koreas," Lee said. "The knots in inter-Korean relations are extremely complex, but we will steadily, patiently strive to untie them, one by one," the president said. He said peace and prosperity must be forged with "our own hands," and that "the surest form of security is one that renders conflict unnecessary, in other words, one that creates peace." "For the sake of peace on the Korean Peninsula, the two Koreas must find a way to win together and build trust," the

Korea on Thursday celebrated the 78th anniversary of the founding of its armed forces, unveiling a range of advanced military equipment, including its laser-based anti-drone system, to the public for the first time. The Armed Forces Day event kicked off on the runway of the military headquarters in Gyeryong, some 145 kilometers south of Seoul, involving some 3,600 personnel and around 70 pieces of military equipment, according to the defense ministry. This year, the military will showcase two laser-based anti-drone air defense systems, dubbed Cheongwang, in a demonstration of their ability to intercept drones. The anti-drone systems, which are capable of precisely striking small unmanned aerial vehicles (UAVs), will be unveiled to the public for the first time. Other assets being displayed for the first time include drone swarms powered by artificial intelligence (AI), multipurpose unmanned ground vehicles and counter-drone interceptor UAVs. During the event, the government plans to award the Chungmu Order of Military Merit to late Lt. Col. Kim Oh-rang and late Ssg. Jung Seon-yeop for the

Gender Equality Minister Won Min-kyong said Thursday the presidential office has asked her to "steady" her ministry, apparently signaling her retention after the nominee to replace her withdrew amid political controversy. Won made the remarks after Rep. Yong Hye-in of the minor Basic Income Party withdrew her candidacy last month amid controversy over the former nominee's plans to keep her parliamentary seat if she was appointed as minister. When asked by reporters whether she would keep her post, Won responded that Cheong Wa Dae had requested that she "steady the organization" following Yong's withdrawal. "(I) will make efforts with the staff to steadfastly push for the policy tasks reported to the president and the public in July," she said in a briefing marking the first anniversary of the ministry's reorganization. The ministry was newly launched under a revised government reorganization law in October last year after facing possible disbandment under the previous administration of former President Yoon Suk Yeol. The ministry has pushed for new projects under Won, including launching

Nearly half of Koreans say they trust the prosecution more than the police, highlighting the challenge facing the police ahead of the official abolition of the Prosecutors’ Office on Friday. In a poll conducted in September by Media Tomato of 1,035 adults nationwide, 47.5 percent of respondents said they trusted prosecutors more, compared with 28.4 percent who chose police officers. Another 24.1 percent said they were unsure. The prosecution led the police in public trust across every age group except those in their 60s, where the gap was still within the survey’s margin of error. Among respondents in their 20s, 54.1 percent chose the prosecution and 17.2 percent picked the police. The comparable figures were 60.5 percent and 18.3 percent for people in their 30s. The prosecution also held an edge among those in their 40s and 50s — age groups viewed as a key support base for the liberal governing bloc. Among those in their 40s, 43.7 percent chose the prosecution, compared with 33.3 percent for the police. Among those in their 50s, the figures were 42.9 percent and 34.4 percent, res

Seoul city officials have formally petitioned the central government to dismantle three bureaucratic hurdles that they argue are stalling the capital’s push to become a top-tier global cultural and tourism hub. The proposal, submitted Thursday by the Seoul Metropolitan Government to the Office for Government Coordination, targets outdated administrative requirements spanning international concert permits, online hotel verification and virtual reality content classification. Municipal leaders argue these rules impose unnecessary delays on local creative industries and undermine tourist trust. At the center of the push is a long-standing mandate requiring pre-approval from the Korea Media Rating Board for any live show featuring non-Korean performers. Under current law, even a single foreign guest artist on stage subjects the entire event to review, punishable by up to three years in prison or fines reaching 30 million won ($22,077). While intended to police foreign performers, the rule routinely entangles classical, traditional Korean music and K-pop concerts. Officials pointed out tha

President Lee Jae Myung pledged Thursday to continue taking practical steps to reduce military tensions with North Korea and urged Pyongyang to join efforts to restore dialogue. The message, delivered in his Armed Forces Day address, signaled that Lee intends to keep his engagement policy intact despite renewed friction over the latest land mine incident in the Demilitarized Zone (DMZ). “The knots in inter-Korean relations are extremely complex, but we will steadily, patiently strive to untie them, one by one,” Lee said during a ceremony marking the 78th Armed Forces Day at Gyeryongdae, the military headquarters in South Chungcheong Province. “I hope that the North joins us now on the path of restoring trust and resuming dialogue, following a long interruption,” he added. The president went onto say that Seoul would “consistently pursue practical measures to reduce military tensions between the two Koreas,” stressing that the surest form of security is creating peace that makes fighting unnecessary. Lee’s remarks came a day after the South Korean military formally blamed Nor

In a move that could permanently reshape urban transit in one of Asia’s most densely populated metropolises, Seoul city officials announced an ambitious strategy, Thursday, to integrate 500 fully autonomous buses into regular city transit routes by 2030. The initiative took a major step forward when the Seoul Metropolitan Government signed a landmark agreement with Hyundai Motor Company and the Seoul Bus Transportation Business Association at City Hall. The tripartite partnership aims to bridge the gap between niche technological trials and full-scale public utility, laying the groundwork for driverless Level 4 automation across the city's bus network. Under the agreement, Hyundai will engineer and manufacture specialized 11-meter buses designed specifically for autonomous integration. Unlike standard vehicles retrofitted with aftermarket sensors, these factory-built models will feature electronic steer-by-wire and brake-by-wire systems, redundant safety controls and cyberattack defenses, according to the Seoul Metropolitan Government. "Seoul is taking the lead in connecting cutting-e

President Lee Jae Myung named senior presidential secretary for economic growth Ha Joon-kyung as his new policy chief, Cheong Wa Dae said Thursday, filling a post that had remained vacant for a month. Ha, an economist who has served in the presidential office since Lee began his term in June 2025, will oversee a broader range of economic and social policies in his new role. He replaces Kim Yong-beom, who stepped down on Sept. 1 amid criticism over the introduction of high-risk single-stock leveraged exchange-traded funds and other controversial economic policies. “Ha is a leading scholar who has incorporated fair growth and efforts to reduce polarization into his growth strategy,” senior presidential secretary for public relations and communications Seong Ghi-hong said during a press briefing. “We expect him to bring about tangible changes in areas directly linked to people’s lives, including welfare, jobs, education and housing.” The presidential press secretary said Lee named Vice Minister of Trade, Industry and Resources Moon Shin-hak to take over Ha’s former post. Moon has

People aged 65 and older took up over 20 percent of Korea's population this year amid rapid aging and the ultralow birthrate, data showed Thursday. The number of elderly people stood at 11.12 million in 2026, accounting for 21.6 percent of the country's 51.6 million population, according to the data from the Ministry of Data and Statistics. The proportion makes Korea a "super-aged society," and is to rise further to 30 percent in 2036 and over 40 percent in 2050, according to the ministry. The number of households headed by older adults came to 6.5 million, accounting for 28.8 percent of all households in the country. Of the 6.5 million households, 38 percent were single-person households, which has been increasing since 2015. Households led by seniors are forecast to rise further to account for 50.6 percent of the total households in the country in 2052. The remaining life expectancy for those aged 65 was estimated at 21.7 years on average as of 2024, with the figure for men coming to 19.5 years and 23.7 years for women. The net assets of households headed by seniors came to 493 million wo

A regional court on Thursday dismissed a request to remove a statue of late former President Park Chung-hee installed outside a train station in the southeastern city of Daegu. The Daegu District Court dismissed the case filed by the Korea National Railway, a state-owned rail infrastructure management company, against the Daegu metropolitan government, some 21 months after the statue was erected on the plaza outside Dongdaegu Station. The railway corporation had argued that the municipal government installed the statue on state-owned property without proper prior consultation. The city government countered that it holds lawful administrative authority over the plaza and that targeting Park's statue while permitting other structures on the site was unfair. The statue was erected under former conservative Mayor Hong Joon-pyo as a tribute to the former conservative leader, who ruled the country for 18 years following a 1961 military coup until his assassination in 1979. Its presence has divided activists and the local community as conservatives praise Park for driving the nation's rapid indu

A Seoul court sentenced Song Min-ho, a member of K-pop boy band WINNER, to a suspended prison term Thursday on charges of repeatedly failing to show up to work during his alternative mandatory service. The Seoul Western District Court handed down a one-year prison term, suspended for two years, for Song after finding him guilty of violating the Military Service Act. Song faced charges of failing to appear at his duty station for 102 days, inconsecutively, when he served as a social service agent at a facility in western Seoul from March 2023 to December 2024. "Military service is a duty to ensure the security and existence of the state, and must be faithfully fulfilled. Social service agents are no exception," the court said. Prosecutors had sought an 18-month prison term for Song. Before the ruling, Song said he felt regret for his actions and was apologetic to those who have cared for him. He did not respond to questions about whether he planned to serve his mandatory duty again. All able-bodied South Korean men are required to serve at least 18 months in the military. Others are either e

President Lee Jae Myung's approval rating remained unchanged at a record low of 43 percent this week, a poll showed Thursday. In a National Barometer Survey (NBS) conducted from Monday to Wednesday, Lee's disapproval rating rose 2 percentage points to 50 percent from the previous poll conducted three weeks earlier. It marked Lee's highest disapproval rating in an NBS poll. When asked about the direction of state affairs, 43 percent said the Lee administration was heading in the right direction, while 50 percent said it was moving in the wrong direction. Support for the ruling Democratic Party fell 4 percentage points to 35 percent, while backing for the main opposition People Power Party stood unchanged from the previous survey at 25 percent. The poll, conducted on 1,000 people aged 18 and older, has a margin of error of plus or minus 3.1 percentage points at a 95 percent confidence level.

The Ministry of Gender Equality and Family announced Thursday that it will roll out a range of measures aimed at bringing tangible changes to everyday life. The ministry was expanded and reorganized on Oct. 1 last year with a broader mandate to promote gender equality for both women and men and ensure equal rights and opportunities regardless of gender. “Over the past year, we focused on rebuilding the foundation for gender equality policies and bringing government support closer to those in need,” Gender Equality and Family Minister Won Min-kyung said. “In our second year, we will focus on delivering tangible changes that people can feel in their daily lives.” The ministry will prioritize protecting victims’ rights amid changes to the criminal justice system, including by expanding free legal assistance from the early stages of investigations. It will also step up efforts to combat digital sex crimes, including deepfake sexual abuse material. It plans to strengthen regulations across the entire process, from the distribution and use of tools used to create such content to its

South Korea has been ordered to pay nearly $50 million in compensation to U.S. hedge fund Elliott Investment Management over the 2015 merger of two Samsung affiliates, the justice ministry said Thursday. An international tribunal ordered the South Korean government Wednesday to pay $48.49 million in damages to Elliott over a dispute stemming from the controversial merger, according to the ministry. The ministry did not give figures for other costs also ordered by the tribunal, including delayed interest. The tribunal recognized a causal relationship between Seoul's intervention for the approval of the merger of Samsung C&T Corp. and Cheil Industries Co. and losses to Elliott, it said. A tribunal administered by the Permanent Court of Arbitration had ordered Seoul to pay the same amount in damages in an earlier decision in 2023, the ministry said. Following Wednesday's ruling, Elliott welcomed the decision in a release, noting the tribunal granted about $113 million, including damages, interest and other costs. Elliott filed the case in 2018 seeking compensation of $770 million over losses

SK hynix said Thursday it is reviewing various funding options for its U.S. subsidiary Solidigm but that no decision has been made, reiterating its previous position on reports of a possible U.S. listing. Reports circulated that Solidigm is considering an initial public offering (IPO) in the United States as early as next year that could value the subsidiary at up to $150 billion. "We are reviewing various measures to strengthen Solidigm's competitiveness, but our position remains unchanged and that nothing has been decided," the South Korean chipmaker said in a press release. SK hynix said it continues to review the need for investments to secure Solidigm's production capacity and technological competitiveness. "Capital utilization plans related to Solidigm will be reviewed comprehensively, taking into account the company's overall investment plans, financial condition and capital allocation," the company said. SK hynix added that it would "carefully review potential impacts on existing shareholders and evaluate necessary measures to protect their interests."

LS Electric Co., a Korean electrical equipment maker, said Thursday it has secured a 180 billion-won ($133 million) contract to supply ultra-high-voltage transformers to a major U.S. technology company. The company said it will supply 345-kilovolt transformers for a hyperscale artificial intelligence (AI) data center project being developed by the unidentified U.S. company and scheduled for completion by 2030. Investment in power infrastructure across North America is rapidly increasing amid rising electricity demand driven by the expansion of AI and cloud computing, LS Electric said. The U.S. market for data center power infrastructure is projected to grow at an average annual rate of 16 percent, from 13 trillion won in 2025 to 56 trillion won in 2035. "The latest contract is expected to help the company win further deals in the North American market," a company official said.

With a discrepancy emerging between Korea and the U.S. over a proposed investment of more than $50 billion in the Alaska liquefied natural gas (LNG) project, questions are growing over whether the project can generate sufficient commercial returns for Seoul. U.S. Secretary of Commerce Howard Lutnick said Wednesday (local time) Korea would invest about $54 billion (73.4 trillion won) in the Alaska LNG project, as part of Seoul's $200 billion investment package to Washington. The White House presented the project as a committed investment, while Korea has maintained that participation remains subject to further review of its “commercial reasonableness.” The gap is significant because Alaska LNG has spent more than a decade struggling to demonstrate that it can compete economically with LNG projects closer to major markets. The project would transport natural gas from Alaska’s North Slope through an approximately 1,300-kilometer pipeline to Nikiski, where it would be liquefied and exported primarily to Asian markets. Glenfarne Group owns 75 percent of the project alongside the state-ow

Shinhan Bank apologized Thursday after personal information belonging to about 25,000 customers was leaked in a data breach, as financial regulators launched an urgent inspection into the incident. According to the bank, the leaked information includes customers' names, phone numbers, annual income and loan eligibility limits, as well as other personal and credit information submitted for loan applications. The data also included 66 cases involving resident registration numbers and 97 cases involving connected information. The breach occurred as an unauthorized external party gained access to some of its services through an abnormal method that bypassed authentication. Shinhan Bank CEO Jung Sang-hyuk apologized and said the bank will take full responsibility for any losses. "We take full responsibility for the fact that an information breach occurred at a financial institution entrusted with protecting our customers' valuable assets and information," Jung said in a statement. "I sincerely apologize for causing concern and inconvenience to our customers. We will devote all resources to addr

Paris Croissant, the parent company of global bakery giant Paris Baguette, has nominated Kang Shin-bong, a former Samsung Electronics vice president, as its next chief executive, turning to leadership with experience spanning consumer businesses, digital platforms and global operations as it seeks to reshape its business and find new sources of growth. Kang, who most recently led Samsung Electronics’ Direct-to-Consumer Center, is expected to be formally appointed after approval by the company’s board. His career includes stints at Boston Consulting Group, eBay, Delivery Hero Korea and Samsung Electronics, giving him experience in strategy, e-commerce, platform businesses and international operations. At eBay, Kang oversaw cross-border trading in the Asia-Pacific region and helped expand its international e-commerce business. He later served as chief executive of Delivery Hero Korea, which operated food-delivery platform Yogiyo, where he focused on organizational and operational changes while pursuing business growth and management innovation. At Samsung Electronics, Kang led the globa

Bibigo, the flagship consumer food brand of CJ CheilJedang, is expanding distribution of its frozen gimbap (seaweed rice roll) across major U.S. supermarkets, capitalizing on surging demand for convenient Korean meals. CJ CheilJedang said Thursday that sales of Bibigo gimbap in the United States rose 59 percent during the January-July period from a year earlier, as its retail footprint more than doubled. The frozen gimbap became available at Kroger in December 2024 and has since expanded to 10 mainstream retail chains, including Albertsons, Food Lion, Cub and Meijer. The number of stores selling Bibigo gimbap has reached 4,734, up 145 percent from 1,924 stores last year, according to CJ CheilJedang. The company said it sees room for gimbap to follow the path of dumplings, which moved from an unfamiliar food into everyday American dining. Gimbap’s portability could also work in its favor, as U.S. consumers are accustomed to foods such as sandwiches and burritos that can be eaten without utensils. CJ CheilJedang said Bibigo gimbap contains 12 grams of plant-based protein, positioning it as

North American shoppers are becoming a major revenue driver for GS25, a leading Korean convenience store chain, with foreign spending at its outlets more than doubling this year and expanding beyond traditional tourist districts in Seoul. GS Retail, which operates GS25, said Thursday that sales to North American customers rose 130.9 percent from a year earlier during the January-August period, the fastest growth among international customer groups. North American customers accounted for about 30 percent of GS25’s foreign customer sales, their largest share on record, while customers from Greater China accounted for about 40 percent. The gap between the two groups narrowed to roughly 10 percentage points, according to GS Retail’s analysis of its customer data. North American shoppers showed a preference for canned beer, wine and spirits, as well as sports drinks, energy drinks and other beverages, with canned beer sales particularly strong. Customers from Greater China showed stronger demand for dairy products and convenience foods, including milk, fermented milk products, noodles and

LG CNS has partnered with U.S. investment firm General Atlantic to co-invest in global enterprise technology firms, the IT services unit of Korea's LG Group said Thursday. Enterprise technology refers to business software and artificial intelligence (AI) that support core operations in industries such as manufacturing, finance, logistics and energy. The two sides signed the agreement Sept. 24 at General Atlantic's headquarters in New York. LG CNS President and CEO Hyun Shin-Gyoon and Martin Escobari, General Atlantic's co-president and head of global growth equity, attended the signing ceremony. Under the deal, the two companies will look for and consider investing in enterprise software and AI companies. LG CNS said the size and terms of each investment will be disclosed once a target company is confirmed. General Atlantic manages $130 billion in assets as of June 30. It has more than 900 employees in 20 countries and over 45 years of experience investing in technology companies. LG CNS plans to use the partnership to diversify beyond its information technology services and AI transforma

Finda is stepping up its efforts to innovate its artificial intelligence (AI) and data-driven financial products with the appointment of its first-ever chief product officer (CPO). The fintech company said Thursday that it has appointed Ahn Joong-hyun, former vice president of NEXUS, to the newly created position. Ahn is a fintech veteran with 20 years of experience across the financial and IT sectors, including e-commerce, internet-only banking, financial platforms and blockchain. His experience spans financial service planning, platform development, business model creation and service operations. In particular, he was involved in the launch of several of Korea's major fintech services, including Naver Pay, Toss Bank and Karrot Pay, helping bring new financial products to market. The new CPO was part of the launch team for Naver Pay, where he helped develop its payment services and fraud detection system. At Toss Bank, he designed core financial products and systems, including account opening, fraud detection, anti-money laundering and authentication. He later led Karrot Pay, helping dri

LG Electronics will invest 150 billion won ($110 million) to set up a new U.S. chiller factory and expand production lines in Korea to meet rising demand for artificial intelligence (AI) data center cooling systems, the company said Thursday. The plant will be established in Windsor, Virginia, and is scheduled to begin production in the first half of 2027. It will have 32,000 square meters of floor space on a 170,000-square-meter site and manufacture air-cooled chillers primarily for AI data centers. LG Electronics will also add air-cooled chiller production lines and upgrade equipment at its factories in Pyeongtaek, Gyeonggi Province, and Changwon, South Gyeongsang Province, by the end of this year. A single-conveyor system spanning all manufacturing stages will improve productivity and enable multiple lines to operate simultaneously. North America hosts more than half of the world's AI data centers. According to market tracker Omdia, global data center power requirements are forecast to rise from 226 gigawatts this year to 420 gigawatts in 2030, with 60 percent concentrated in North A

YONGIN, Gyeonggi Province — Korea’s ambitious plan to expand domestic semiconductor production capacity and strengthen its position in the global chip supply chain will take another step forward this month, as construction is set to begin on the Yongin Semiconductor Cluster National Industrial Complex in Gyeonggi Province this month. The initiative, however, is not free from possible delays, including compensation for residents and businesses already at the site and pressure to meet fast-track construction deadlines ordered by President Lee Jae Myung, who is determined to capitalize on soaring artificial intelligence (AI)-driven memory demand before it cools. Two semiconductor clusters are currently planned in Yongin’s Cheoin District. One is the Yongin Semiconductor Cluster General Industrial Complex, where SK hynix is already building its memory chip fabs, and the other is the Yongin System Semiconductor Cluster National Industrial Complex, which is set to break ground this month and will house Samsung Electronics’ foundry and memory fabs. The Korea Land & Housing Corp. (LH),

A consortium led by Korean plant builder Doosan Enerbility has secured an 840 billion-won ($618 million) deal to build a gas-fired power plant in Vietnam by 2030, the company said Thursday. The consortium, formed by Doosan Enerbility and Vietnam's energy service company PetroVietnam Technical Service Corp. (PTSC), will build the O Mon 3 gas-fired combined-cycle power plant for PTSC's parent company, Petrovietnam (PVN), at a site about 180 kilometers southwest of Ho Chi Minh City, the company said in a press release. The latest engineering, procurement and construction (EPC) contract comes after Doosan Enerbility won a 900 billion-won deal in June last year, in a consortium with a local company, to build another gas-fired combined-cycle power plant at the same site for PVN by 2028. "We will focus on winning further deals from PVN, as the Vietnamese company plans to build gas-fired power plants in the central and northern parts of the country, in addition to the O Mon 3 and 4 projects," a company representative said. Doosan Enerbility has secured five gas-fired power plant deals, including

President Lee Jae Myung on Thursday renewed his call for thorough police reform to root out any cover-ups and other irregularities in investigations, as police are set to assume greater investigative authority under the recent revision to the Criminal Procedure Act. The president made the call during a meeting with his key aides at Cheong Wa Dae, a day before the Serious Crimes Investigation Agency (SCIA) is set to launch, along with the Public Prosecution Service, as part of the prosecution reform aimed at stripping the prosecution of investigative rights. Renamed as the Public Prosecution Service, prosecutors will only be tasked with indicting and maintaining indictments against suspects, while the SCIA will conduct investigations into corruption, defense industry crimes, insurrection and other serious crimes. Lee said the launch of the two agencies will end the era during which prosecutors wielded the authority to conduct both investigation and indictments, and acted as political prosecutors, targeting political foes and subjecting them to persecution. "A new criminal justice system w