South Korea names new Pm, finance minister following political scandal

By REUTERS
November 2, 2016 03:54

 
X

Dear Reader,
As you can imagine, more people are reading The Jerusalem Post than ever before. Nevertheless, traditional business models are no longer sustainable and high-quality publications, like ours, are being forced to look for new ways to keep going. Unlike many other news organizations, we have not put up a paywall. We want to keep our journalism open and accessible and be able to keep providing you with news and analyses from the frontlines of Israel, the Middle East and the Jewish World.

As one of our loyal readers, we ask you to be our partner.

For $5 a month you will receive access to the following:

  • A user experience almost completely free of ads
  • Access to our Premium Section
  • Content from the award-winning Jerusalem Report and our monthly magazine to learn Hebrew - Ivrit
  • A brand new ePaper featuring the daily newspaper as it appears in print in Israel

Help us grow and continue telling Israel’s story to the world.

Thank you,

Ronit Hasin-Hochman, CEO, Jerusalem Post Group
Yaakov Katz, Editor-in-Chief

UPGRADE YOUR JPOST EXPERIENCE FOR 5$ PER MONTH Show me later

South Korea's presidential office on Wednesday named a new prime minister and finance minister, the highest-level shake-up yet since President Park Geun-hye's administration was rocked by a scandal involving a friend accused of meddling in state affairs.

The Blue House said it named Yim Jong-yong, the Financial Services Commission chairman, as the new finance minister and deputy prime minister. Yim, who will replace incumbent minister Yoo Il-ho, has been well-regarded by policy makers and market participants in his current role.



Kim Byong-joon, a former senior presidential secretary during former President Roh Moo-hyun's administration, was named the new prime minister to replace Hwang Kyo-ahn. The prime minister's role in South Korea is largely administrative.

Join Jerusalem Post Premium Plus now for just $5 and upgrade your experience with an ads-free website and exclusive content. Click here>>

Related Content

Breaking news
September 23, 2018
White House hopes to restrict immigrants who use taxpayer-funded benefits

By REUTERS