South Korea’s trade ministry said Monday it has held the first joint committee meeting with Cambodia after their free trade agreement (FTA) took effect and discussed the progress of the deal and ways to cooperate in the global supply chain.
Trade Mi…
Household loans extended by banks in South Korea rebounded in April, led by a rise in mortgage loan growth, central bank data showed Monday amid an extended restrictive monetary policy mode.
Banks’ outstanding household loans had come to 1,103.6 tri…
South Korea’s financial authorities announced plans to minimize risks stemming from short-term real estate project financing (PF) loans Monday that include additional funds for strong, survivable projects but a speedy way out for those failing.
The …
Industry Minister Ahn Duk-geun said Monday the government plans to roll out tailored supportive measures for medium-sized businesses in the first half to maintain the country’s export momentum.
“South Korea has been showing signs of economic growth …
Second Vice Health Minister Park Min-soo said Monday that junior doctors may face a one-year delay in getting medical fellowships unless they return to work by the end of this week.
The prolonged walkouts by some 12,000 trainee doctors, who have lef…
The main opposition Democratic Party (DP) demanded Monday that the government respond all-out to the Japanese government’s move to force the sale of Naver’s stake in the operator of Line, the biggest messenger app in Japan.
DP floor leader Park Chan…
South Korean stocks turned lower late Monday morning after starting marginally higher as Samsung Electronics and major bio and IT stocks lost ground.
The benchmark Korea Composite Stock Price Index (KOSPI) had dropped 3 points, or 0.11 percent, to 2…
A North Korean delegation from the country’s border city of Rason has left for Russia’s Far East, state media said Monday, the latest in a series of deepening exchanges between Pyongyang and Moscow.
The delegation, headed by the chief of the Rason M…