Seoul: Savings banks’ first-half net profit nearly tripled from a year earlier, aided by a decline in loan-loss reserves and investment returns, data showed Friday.
Seoul: South Korea has embraced a convenient fiscal logic: Spend aggressively during downturns to stimulate growth, and spend just as aggressively during booms to fund
Seoul: The death of a 37-year-old woman, Jang Mi-ran, on Jeju Island has sparked a public outcry over the trustworthiness of the police. Jang was
Incheon: Two people were killed after a ship carrying oil products caught fire in waters off Incheon, west of Seoul, the Coast Guard said. The
Seoul: As the Bank of Korea raises rates to curb inflation, planned fiscal expansion risks keeping borrowing costs higher for longer. The Bank of Korea’s
Seoul: Samsung Biologics announced it would raise 3 trillion won (US$2.17 billion) through a rights offering as part of efforts to fund investments in its
Wonsan: North Korea has finished building a railway station at the Wonsan-Kalma tourist area on the east coast, state media said Friday, as the nation
Seoul: North Korean leader Kim Jong-un sent messages of sympathy to Chinese President Xi Jinping and Nepali President Ram Chandra Poudel over the devastating flooding