SEOUL– The number of multiple home owners in South Korea grew by the smallest number in six years last year due largely to heavy taxation on such people, data showed Tuesday.The number of multiple home owners had reached 2.32 million as of Nov. 1, 202…
SEOUL– Transactions among affiliates of South Korea’s large business groups fell in 2020 from a year earlier on tough regulations, the antitrust regulator said Tuesday.The value of inter-affiliate transactions by 2,182 units of 71 large business group…
SEOUL– K-pop superstar BTS will appear on American broadcaster CBS’ “The Late Late Show with James Corden” next week, making its first studio appearance on the U.S. show in nearly two years, its management agency here said Tuesday.The seven-piece act …
SEOUL– South Korean banks saw their third-quarter earnings jump nearly 24 percent from a year earlier due largely to sharply increased interest income, data showed Tuesday.Their combined net profit stood at 4.6 trillion won (US$3.9 billion) in the Jul…
SEOUL– The Mnet Asian Music Awards (MAMA), the K-pop industry’s biggest annual year-end music awards show, will be held with an audience in South Korea next month, its organizer said Tuesday.Mnet, a cable channel that hosts the annual event, said the …
SEOUL– Foreign ministers from South Korea and 14 Pacific island countries held virtual talks on Tuesday during which they agreed to hold a summit of their leaders, Seoul’s foreign ministry said.As they agreed to expand cooperation on climate change an…
SEOUL– A proposed conversion of industrial-use urea or urea solution into vehicle-use solution is impossible right now, a state-run laboratory said Tuesday, dashing hopes for an early end to the nation’s acute shortage of the chemical compound.The Nat…
SEOUL– The government of the southeastern city of Gimhae has ordered mandatory COVID-19 testing of foreign children registered at the city’s daycare centers, raising concerns of xenophobia and possible rights violations.A government memo obtained by Y…