other
The Democratic Party of Korea is South Korea's largest liberal political party, currently the ruling party with majority control of the National Assembly.
No evidence-backed relationships are recorded.
NH NongHyup Bank's new farmland-backed loans fell 18.1% to 523.2 billion won from March to August as South Korea surveyed farm ownership. Appraised collateral behind those loans fell 19.3%, so farmers can borrow less against their main asset while field inspections continue.
Reality
Lawmakers from South Korea's two main parties have filed bills cutting the owner consent needed to form a redevelopment association from 75% to 70%. Past that early stage, Democrats push approval deadlines while the People Power Party pushes density and lighter developer obligations.
Reality
South Korea's Financial Services Commission proposed rules on October 1 letting stocks, bonds and funds trade as tokens from February 4, 2027. Comments close November 11, while bills from both main parties would push the January 1 crypto income tax back as far as 2030.
Perspective Coverage
3 publishersReality
Data from South Korea's game rating committee show 24 staff, seven of them fixed-term, supporting crackdowns on about 11,000 illegal game venues. Each staffer covers about 458 venues, and Rep. Lim O-kyeong, who released the data, wants more on-site specialists and a follow-up system for repeat violators.
Reality
Korea's program to buy newly built homes for public rental broke ground on 14,195 of the 288,317 units developers applied with last year, under 5%. New financing terms target that gap, while the wider slump in villa and officetel permits rests on demand worries a public buyer sidesteps.
Reality
South Korea replaced its Prosecutors' Office with two agencies on October 2, leaving prosecutors able to charge but no longer investigate. Anyone facing a serious-crimes probe now deals with investigators at one agency and a charging decision at another.
Reality
South Korea closes its prosecution service on October 2 and widens the role of a 140,000-strong police force run by its third acting chief since December 2024. Its new checks are reviews by its own officers; the National Police Commission's control powers are still unbuilt.
Reality
South Korea's National Assembly voted to let the labor minister fine firms with three or more worker deaths in a year up to 5% of operating profit. How much a company pays will be set case by case under subordinate regulations the labor ministry says it will now revise.
Reality
South Korea's opposition says the agency replacing the Prosecution Service drew applicants for only 68% of its authorized posts before opening on October 2. By that count, the new investigative body starts nearly a third short of its planned staff even if every applicant is hired.
Reality
Trump said South Korea plans to invest about $54 billion in Alaska's gas pipeline, but President Lee Jae Myung's party says it is not finalized. Seoul still has to test the project's commercial viability, so for now the figure is an announcement made weeks before a close Alaska Senate race.
Reality
Seoul High Court jailed Genencell founder Kang for four years, ruling that 600 million won paid to a broker was compensation for lobbying via a lawmaker. The ruling contradicts one of the two reasons prosecutors gave in 2024 for suspending the indictment of lawmaker Kim Seung-won.
Reality
Rep. Song Ok-joo plans a bill letting designated nonprofits buy and lease Korean farmland after prices fell 34.3% and trading halved since 2021. Buying all the land flagged in July's survey would cost about 93 times this year's Farmland Bank budget.
Reality
Gyeonggi Governor Choo Mi-ae wants Korea's planned 162.3 trillion won fund to reinvest its semiconductor tax windfall in the regions that produced it. Her proposals touch three of the fund's four accounts, and the criteria she wants would steer much of that money toward Yongin, Pyeongtaek and Icheon.
Reality
Korea's Fair Trade Commission and ruling party want power to seek suspension or deregistration of firms that price-fix twice in five years. In 17 industries including oil refining and pharma, a second cartel would threaten a firm's right to operate even if the first earned leniency.
Reality
Korea's Fair Trade Commission and ruling party plan to let ministries pull registrations of firms in 17 industries that collude twice in five years. For refiners and drugmakers, a second cartel finding would put the right to operate at stake on top of heavier fines.
Reality
NH NongHyup Bank wants 580 local cooperative branches counted in its bid for Jeonnam-Gwangju's 25 trillion won treasury. Counting them would put the cooperatives' fraud record, 322 billion won lost by account holders since 2022, on the same scorecard.
Reality
Korean regulators' 30 million won cash deposit rule cut daily turnover in 16 Samsung and SK hynix single-stock ETFs by about 92%, to 990 billion won. The drop has held, but in September retail's appetite for doubled bets moved to index inverse funds outside the rule's single-stock scope.
Reality
Korea's registered social-media sellers reported 33.31 billion won of business income in 2024, more than 18 times the 2020 figure. The tax agency says it has limited means to check those sales, so the total counts only what sellers chose to declare.
Reality
South Korea's Financial Supervisory Service plans to publish interim inspection findings only where consumer harm is feared or a major incident could follow. For inspected firms, most publicity would then come at the sanction stage.
Reality
A 0.38 percent margin in Seoul and Gyeonggi left Kim with an 8.41-point cumulative lead into the Aug 17 convention. The genuinely contested race is now the supreme council, not the chair.
Reality
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