Brokerages’ Q2 profit dips 22.6 pct as stocks ease
SEOUL– South Korean brokerage firms saw their combined net profit dip 22.6 percent on quarter in the second quarter, due to a decline in commission fees as stocks eased, data…
September 2, 2021
Mobility, biohealth areas to be added to regulatory sandbox program: gov’t
SEOUL– The government plans to expand its regulatory sandbox program to include testing of innovations in the areas of mobility and biohealth, and present innovative deregulation road maps for the…
Unification ministry requests 1.9 pct hike in 2022 budget for inter-Korean cooperation
SEOUL– The unification ministry said Thursday it requested a 1.9 percent hike in its budget for cooperative projects with North Korea next year despite stalled cross-border relations. About 1.27 trillion…
Housing biz sentiment drops in Sept. for 3rd month
SEOUL– South Korea’s housing market sentiment declined for the third straight month for September amid weakening hopes of business improvements, a poll showed Thursday. The Korea Housing Institute said its…
N. Korean troops observed at Pyongyang airfield in possible sign of military parade preparations: sources
SEOUL– Nearly 10,000 troops have been observed at a major airfield in North Korea recently, a possible sign that the communist country is preparing for a military parade to mark…
S. Korea developing massive ballistic missile as powerful as tactical nuclear weapon
SEOUL– South Korea has been developing a massive ballistic missile as powerful as a tactical nuclear weapon, sources said Thursday, after the full lifting of U.S.-imposed restrictions on missile development.…