South Korea’s Embattled President Outlines Agenda Reset, Apologizes for Wife’s Bag Scandal

South Korean President Yoon Suk Yeol issued his first apology over his wife receiving a luxury handbag under questionable circumstances, highlighting his efforts to set a new course for his government after a stinging defeat in parliamentary elections.

In his first news conference in about two years, Yoon pledged Thursday to improve livelihoods and create a new ministry to boost the country’s birthrate, which is ranked lowest in the world and threatens long-term economic prospects.