February 20, 2024

(3rd LD) N.K. leader receives Russian-made car from Putin as gift

SEOUL, North Korean leader Kim Jong-un has received a Russian-made luxury car from Russian President Vladimir Putin as a gift demonstrating the special bonds between the two leaders, state media reported Tuesday.

The gift serves as a “clear demonstr…

(LEAD) Yoon accepts resignation of gender equality minister

SEOUL, President Yoon Suk Yeol on Tuesday accepted the resignation of Gender Equality Minister Kim Hyun-sook, officials said, six months after she offered to step down over the failed Scout jamboree.

Kim offered to resign in September to take respon…

S. Korea to host 3rd Summit for Democracy on March 18-20

SEOUL, South Korea will host the third Summit for Democracy from March 18 to 20 under the theme “Democracy for Future Generations,” the presidential office said Tuesday.

The annual summit was launched in 2021 and has been led by the United States wi…

Household credit growth slows in Q4 on fall in mortgages

SEOUL, South Korea’s household credit growth slowed in the fourth quarter of the year as home-backed loans took a breather amid high borrowing costs, central bank data showed Tuesday.

Outstanding household credit reached 1,886.4 trillion won (US$1.4…