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…
Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries.
Public concerns over EV safety have mounted in the country after…
SK Networks Co. on Monday reported its second-quarter net profit of 21.2 billion won (US$15.5 million), up 115.2 percent from a year earlier.
The company said in a regulatory filing that it posted 29.1 billion won in operating profit for the quarter…
Senior diplomats of South Korea and Colombia discussed Monday efforts to deepen bilateral relations and cooperation in areas like economy and development aid, in their policy talks that resumed after a four-year pandemic-driven hiatus.
The high-leve…
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…
Civic groups on Monday urged the northern Gyeonggi city of Dongducheon to immediately halt a plan to demolish a former government-established facility to manage sexually transmitted diseases (STDs).
The now-defunct Dongducheon STD management center,…
CJ Foodville, the restaurant arm of food and entertainment conglomerate CJ Group, said Monday its bakery franchise Tous les Jours will open its first outlet in Singapore within this year.
CJ Foodville has signed a master franchise contract with Roya…
The government will bring in 300 immigrant workers annually through a pilot visa program to address workforce shortages in power transmission line construction, officials said Monday.
Under the two-year trial program, the government will issue E-7 w…
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…
South Korea reported its first case of lumpy skin disease (LSD) in cattle this year, the agriculture ministry said Friday.
The case was confirmed at a livestock farm in Anseong, located some 65 kilometers south of Seoul, breeding 80 cows, according …