The inaugural chief of the Serious Crime Investigation Agency (SCIA) on Monday reiterated his pledge to end the "politicization" of investigations. Kim Ji-yong was appointed to lead the newly launched agency Thursday following a major overhaul to the criminal justice system earlier this month that stripped prosecutors of their investigative powers. "The previous prosecution caused various harms, such as abusing investigative powers, and I think the root cause of that lies with the politicization of investigations," he told reporters. "The SCIA will establish itself as an investigative agency that the public will not have to worry about by strictly upholding fairness, neutrality and procedural justice." Kim, as nominee, had vowed to prioritize ending the "politicization" of investigations. The SCIA was launched on Oct. 2 as part of reforms to the prosecution amid criticism that prosecutors pursued politically motivated investigations.
Read full articleChinese memory chip giant ChangXin Memory Technologies (CXMT) forecast a net income of up to US$19.8 billion for the first nine months of 2026, marking a dramatic swing from a loss a year ago, as the domestic champion cashed in on artificial intelligence-driven demand while aggressively challenging global rivals including Samsung Electronics and SK Hynix. Meanwhile, Zhu Yiming, chairman of the Hefei-based memory giant, proposed to buy back 1 billion (US$149.56 million) to 2 billion yuan of...
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