A senior official of the Financial Supervisory Service (FSS) on Friday called for banks to preemptively curb household debts.
Lee Joon-soo, FSS senior deputy governor for banks and nonbanks, made the call in a luncheon with the chairs of the boards …
The assistant permanent secretary of the Ministry of Higher Education revealed that the Ministry of Higher Education has never certified the qualifications of California University.
Mr. Wanni Nonsiri, Assistant Permanent Secretary of the Ministry of…
South Korea, Japan, Australia, and New Zealand adopted a joint statement denouncing the deepening military ties between Russia and North Korea and agreed to step up cooperation during their summit in Washington on Thursday.
President Yoon Suk Yeol …
The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, data showed Friday.
The average capital adequacy ratio of insurance firms stood at 223.6 percent as of end-March, down 8.6 percentage point…
Seoul shares opened lower Friday, tracking overnight losses on Wall Street after investors cashed in profits from major tech shares despite signs of cooling U.S. inflation.
The benchmark Korea Composite Stock Price Index shed 23.8 points, or 0.82 pe…
South Korea strongly protested Friday after Japan restated its territorial claims to South Korea’s easternmost islets of Dokdo as the foreign and defense ministries called in senior officials at the Japanese Embassy in Seoul to lodge a complaint.
Th…
