S. Korean party to name candidate
South Korea's main opposition Democratic Party, which is seen as the favourite to win the election on May 9, is set to unveil its presidential candidate today.
Among the four candidates in the liberal party's primary contest, Mr Moon Jae In has topped the list of contenders in polls across the aisle by a large margin.
Parliament sits today
Parliament sits today, and MPs are expected to urge the Government to tighten laws against fake news, as well as look into harsher penalties for child-sex offenders.
Another issue to be brought up is whether businesses might take advantage of the recent water and electricity price hikes to raise prices. The House will also debate changes to the Public Order Act, Computer Misuse and Cybersecurity Act and the Energy Conservation Act.
Private home price data to be released
The Urban Redevelopment Authority will be releasing advance estimates of private home prices in the first quarter of the year.
In January, the URA announced that declines in private home prices had slowed in the fourth quarter, which analysts say could be a sign that the property market may finally be clawing its way out of a lengthy rut.