August 26, 2024

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Insurance firms’ lending falls in H1

Loans extended by insurance firms in South Korea dropped in the first half of the year amid a slight rise in their loan default rate, data showed Monday.

Outstanding loans extended by insurance companies here came to 266.4 trillion won (US$200.4 bil…

(EDITORIAL from Korea Times on Aug. 26)

Boost confidence in China diplomacy

Seoul should better position itself in relations with Beijing

South Korea and China quietly marked the 32nd anniversary of establishing diplomatic relations on Saturday.

No official events were held, as the Mini…

Nat’l football coach looks to usher in new era with fresh faces

As he prepares for some immediate tasks at hand, namely World Cup qualifying matches, South Korea head coach Hong Myung-bo is also keeping one eye on the future of the country’s national team program.

It was with this mindset that Hong selected four…

Police book hotel owner in investigation into Bucheon hotel fire

Police booked the owner of a hotel that caught fire last week and claimed the lives of seven people for investigation on charges of professional negligence, officials said Monday.

The Gyeonggi Nambu Provincial Police booked the owner of the hotel in…