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11 mpox cases reported this year with no new virus strain

Eleven mpox cases have been reported so far this year in South Korea, but all detected cases were the less deadly Clade II variant, health authorities said Monday.

The Korea Disease Control and Prevention Agency (KDCA) said the latest case was repor…

(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…

Yoon, New Zealand PM to hold summit in Seoul next week

President Yoon Suk Yeol will have a summit with New Zealand Prime Minister Christopher Luxon in Seoul next week to discuss bilateral and regional issues, Yoon’s office said Monday.

Luxon will make an official visit to South Korea from Sept. 4-5, dur…

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…

Seoul shares open higher on U.S. rate cut hopes

South Korean shares opened slightly higher Monday amid growing hopes for a U.S. rate cut.

The benchmark Korea Composite Stock Price Index (KOSPI) added 2.85 points, or 0.11 percent, to 2,704.54 in the first 15 minutes of trading.

The increase follo…