August 28, 2024

Out-of-wedlock births hit record high in South Korea in 2023

South Korea’s total births fell to a fresh low in 2023, while the proportion of babies born to mothers who were unmarried reached an all-time high, data showed Wednesday.

A total of 230,000 babies were born last year, down 7.7 percent from a year ea…

Haru Invest CEO stabbed during fraud trial

The chief executive of Haru Invest, a troubled South Korean cryptocurrency deposit service, was injured Wednesday after being stabbed during a fraud trial.

The CEO, only identified by his surname Lee, was stabbed in the neck by a man in his 50s duri…

Capital adequacy ratio of banks, holding firms rises in Q2

The capital adequacy ratio of banks and their holding firms rose in the second quarter from three months earlier, data showed Wednesday.

The average capital ratio of 20 banks and eight financial holding firms came to 15.76 percent as of end-June, up…

Number of people changing residences highest in 3 years in July

The number of South Koreans who moved to different residences in the country reached the highest level in three years in July amid rising housing transactions, data showed Wednesday.

Around 512,000 people changed residences last month, up 6.2 percen…