July 10, 2024

Early repayment charges to be lowered from mid-January next year

Early repayment charges on loans will be lowered from mid-January next year as financial regulators revised rules, officials said Wednesday.

Under the revised rules, lenders will only be allowed to collect the actual cost of making or handling the l…

Lee Jae-myung announces bid for 2nd term as DP chief

Rep. Lee Jae-myung, former leader of the main opposition Democratic Party (DP), declared his bid on Wednesday for a second term as the party leader in the elections slated for next month.

“I will sacrifice everything I have to change ‘today’s despai…