South Korea names veteran technocrat Lee Hyoung-il as new finance chief in cabinet reshuffle
South Korea unveiled a major cabinet reshuffle on Sunday (August 30, 2026), naming First Vice Finance Minister Lee Hyoung-il as the new deputy Prime Minister and Minister of Economy and Finance. The administration also tapped ruling Democratic Party lawmaker Kim Seung-won to lead the Ministry of Justice, and named Kang Shin-chul, former deputy Commander of…