Vice ministers from various government agencies will hold a meeting this week to address growing safety concerns over electric cars, following the recent explosion of an electric sedan in an underground apartment parking lot, the government said Mond…
The main opposition Democratic Party (DP) decided Monday to revise its platform to include former leader Lee Jae-myung’s “basic society” welfare plan centering on guaranteeing universal basic income.
The new party platform will better reflect Lee’s …
Cosmax Inc. on Monday reported its second-quarter net profit of 35.3 billion won (US$25.8 million), up 28.9 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 1.4 percent on-year…
OpenAI chief strategy officer Jason Kwon said Monday he expected humans to keep control over artificial intelligence, playing down concerns over the unchecked development of the fast-growing technology.
Kwon told an AI forum in Seoul that finding wa…
Household loans extended by banks in South Korea rose for the fourth consecutive month in July, led by a rise in mortgage loan growth, central bank data showed Monday, amid an extended restrictive monetary policy mode.
Banks’ outstanding household l…
President Yoon Suk Yeol on Monday approved a Cabinet motion demanding parliamentary reconsideration of four broadcasting bills, exercising veto power again against the legislation that the government says infringes upon the president’s rights to appo…
Household loans extended by banks in South Korea rose for the fourth consecutive month in July, led by a rise in mortgage loan growth, central bank data showed Monday, amid an extended restrictive monetary policy mode.
Banks’ outstanding household l…
Krafton Inc. on Monday reported its second-quarter net income of 341.4 billion won (US$248.9 million), up 165.7 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 152.5 percent o…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.086 3.092 -0.6
2-year TB 3.040 3.034 +0.6
3-year TB 2.950 2.941 +0.9
10-year TB 3.003 3.012 -0.9
2-year MSB 2.999 2.990 +0.9
3-year CB (AA-) 3.423 3.409 +1.4
Source: Yonhap News Agency
The head of Woori Financial Group Inc. on Monday apologized for giving inappropriate loans to relatives of a former chief, admitting that holes in its internal control system partly contributed to the incident.
The apology by Yim Jong-yong, chairman…