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Korea's Lee Nominates Finance Minister to Tackle Growth, Trade

Korea's Lee Nominates Finance Minister to Tackle Growth, Trade

Bloomberg3 days ago
South Korean President Lee Jae-myung nominated Koo Yun-cheol as the next finance minister, turning to a veteran bureaucrat to guide the economy at a time of sluggish growth and mounting trade pressures from the Trump administration.
'The president nominated Koo Yun-cheol, a widely recognized policy expert as finance minister as he is a figure who has long contemplated Korea's innovation and is well-suited to chart a path for national growth,' Kang Hoon-sik, Lee's chief of staff, said in a televised press conference Sunday.
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