The growth of household loans has shown signs of acceleration as combined household loans from the country’s five major banks surged by approximately 2.2 trillion won (US$1.6 billion) in just four days last week, financial data showed Sunday.
Accord…
The government is expected to announce measures to deal with trainee doctors who refuse to return to hospitals in protest of medical reform as early as this week, officials said Sunday.
The government is set to announce its measures on the junior do…
Hyundai Motor Co., South Korea’s leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data Sunday, as it has filed for an initial public offering for its India unit.
According to data from the …
The government borrowed over 91 trillion won (US$65.8 billion) from the Bank of Korea (BOK) in temporary loans in the first half of the year to fill its fiscal shortfall, data showed Sunday.
According to the BOK data submitted to Rep. Yang Boo-nam o…
Prime Minister Han Duck-soo on Sunday instructed officials to take emergency containment measures as authorities confirmed more cases of African swine fever (ASF) at a pig farm in a southeastern county.
The instruction came after this year’s sixth c…
President Yoon Suk Yeol is expected to warn against deepening defense cooperation between North Korea and Russia as he is set to attend the North Atlantic Treaty Organization (NATO) summit this week, according to presidential officials on Sunday.
Yo…
