South Korea announced a significant cabinet reshuffle on Sunday. Lee Hyoung-il was appointed as the new deputy prime minister and finance minister. Kim Seung-won will now lead the Ministry of Justice. Kang Shin-chul has been named the new defense minister. This reshuffle occurs as the administration enters its second year.

SEOUL, Aug 30 (Reuters) - South Korea's Presidential Office named Vice Finance Minister Lee Hyoung-il as finance minister in a cabinet reshuffle on Sunday, Yonhap News reported.…

President Lee Jae Myung carried out a Cabinet reshuffle spanning six ministries Sunday, replacing the deputy prime minister for economic affairs al...