SEOUL: The Korea Interbank Offered Rates (KORIBOR) saw minor increases in several longer-term rates, while short-term rates remained unchanged, according to data released by Yonhap
SEOUL: The main opposition Democratic Party (DP) has strongly criticized President Yoon Suk Yeol’s recent public address, in which he defended his martial law declaration,
SEOUL: Army Chief of Staff Gen. Park An-su, who briefly served as the chief martial law commander during President Yoon Suk Yeol’s short-lived imposition of
SEOUL: Police made another attempt to raid the presidential office on Thursday as part of an ongoing investigation into a failed martial law imposition by
SEOUL: South Korea’s public sector debt reached unprecedented levels in 2023, approaching 1,700 trillion won (approximately $1.19 trillion), driven primarily by increased debt among non-financial
SEOUL: Supporters and opponents of President Yoon Suk Yeol convened in central Seoul on Thursday for large-scale rallies, raising apprehensions about potential clashes between the
SEOUL: South Korea’s fiscal deficit significantly increased in the first ten months of 2024 compared to the previous year, partly attributed to underwhelming corporate performance,
SEOUL: South Korea’s ongoing political turmoil following President Yoon Suk Yeol’s failed attempt to impose martial law is expected to pose significant challenges for the