Cabinet & Economy: President Lee Jae-myung reshuffled six ministries and named veteran technocrat Lee Hyoung-il as finance minister, as the Bank of Korea’s rate hike to 3% feeds pressure on growth and inflation. Public Mood: Lee’s approval slipped below 40% for the first time, with housing prices and police trust issues cited in a Realmeter poll. Tax & Markets: South Korea’s July tax revenue rose 8.4 trillion won, boosted by income and securities transaction taxes, while retail sales lagged and investors stayed jittery. Immigration & Travel: Korea and Mongolia agreed to expand visa cooperation, including easing rules for medical travel and speeding up processing, after concerns about turnbacks at the border. Justice & Safety Tech: Police finished an AI-based investigative data analysis system aimed at speeding up frontline case work. Education: The government plans full scholarships for freshmen at regional national universities starting next year, sparking pushback from some private schools. Defense: Defense minister nominee Kang Shin-chul emphasized organizational stabilization amid focus on major reform tasks. Disaster Response: South Korea dispatched an overland search team to Nepal for nine missing workers after floods, as rescue efforts continue. Culture & Sports: Actor Lee Yong-joo died at 44; Ruoning Yin won the LPGA FM Championship, with South Korea’s Hyo Joo Kim finishing runner-up.