What are the latest news in South Korea?

Major Cabinet Reshuffle The South Korean government announced significant personnel changes in the Cabinet. Veteran technocrat Lee Hyoung-il, formerly the first vice finance minister, has been named Deputy Prime Minister and Minister of Economy and Finance, alongside appointments to key posts including the Ministry of Justice. -UA.NEWS+ 1———Economic Outlook and Semiconductor Boom The Korea Development Institute (KDI) raised South Korea’s economic growth forecast to 3.2%, driven by a surge in global demand for artificial intelligence semiconductors. The export boom is bolstering current account surplus projections, though domestic private consumption growth remains moderate. -The Star+ 1———Inter-Korean and Regional Diplomacy President Lee Jae Myung renewed calls for formal peace negotiations with North Korea, aiming to replace the long-standing armistice agreement with a permanent peace regime and pursue mutual de-escalation. Simultaneously, Seoul continues to expand strategic cooperation with Japan regarding energy, advanced tech, and supply chain security. -EFE+ 1———Police Audit and Missing Persons Case Review Authorities have launched a comprehensive re-examination of over 300,000 historical missing person cases following a major investigation into administrative irregularities and falsified records across local police precincts.Tourism Milestone South Korea recorded more than 10.7 million international arrivals in the first half of the year, comfortably surpassing pre-pandemic levels. The surge is supported by streamlined visa policies and increased flight connectivity across regional travel hubs. -The Straits Times+ 1———