Banks’ loan rate declined for the second straight month in January, as the central bank has frozen its key rate for months amid easing inflation and an economic slowdown, data showed Thursday.
The average lending rate of banks applied to new loans la…
Celltrion Inc. on Thursday reported its fourth-quarter net income of 453 million won (US$340,218), down 99.4 percent from a year earlier.
The company said in a regulatory filing that operating income for the October-December period fell 81.7 percent …
Some kids’ clay products imported from China turned out to contain illegal preservatives, the Korea Consumer Agency (KCA) said Thursday.
The KCA selected 17 clay products, including nine from China, available through online platforms in South Korea a…
SK Group Chairman Chey Tae-won on Thursday was set to head the Korea Chamber of Commerce and Industry (KCCI), a major South Korean business lobby, for a second term.
The Seoul Chamber of Commerce and Industry held a general meeting and unanimously re…
Household income added 3.9 percent on-year in the fourth quarter of 2023, but inflation-adjusted real income through wages and business operations fell for the first time in more than a year, data showed Thursday.
The average household earned 5.02 mi…
The top diplomats of South Korea and the United States agreed Wednesday to sternly deal with North Korea’s provocative acts and continue efforts to block the regime’s financial gains through illicit activities.
Foreign Minister Cho Tae-yul announced …
