Banks’ household loans jump in July

SEOUL– South Korean banks’ household loans jumped in July, fueled by demand for home-backed lending and overdrafts for stock investments, central bank data showed Wednesday. Outstanding bank loans to local…

Seoul posts record 661 COVID-19 cases Wednesday

SEOUL– Seoul reported 661 new COVID-19 cases Wednesday, a daily high that coincided with a record-breaking number of new infections in the country, health authorities said. Seoul added 650 local…