Banks’ average capital ratio inches up in Q2

South Korean banks saw their financial health improve in the second quarter from three months earlier despite a rise in risk-weighted assets largely thanks to their quarterly net profit and additional issuance of subordinated bonds, preliminary data s…

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Girl group Ive to drop 1st EP next month

K-pop girl group Ive will return next month with “I’ve Mine,” its first EP, the group’s management agency said Monday.Leading the EP set to come out on Oct. 13 will be three main tracks — “Either Way,” “Off the Record” and “Baddie” — Starship Entert…

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Online shopping up 9.1 pct on soaring travel demand

Online shopping in South Korea increased 9.1 percent on-year in July from a year earlier, data showed Monday, as the demand for travel services continues to recover to pre-pandemic normalcy.The value of online shopping transactions amounted to 18.9 tr…

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Today in Korean history Date: 04-Sep-23

1966 — The first contingent of the “White Horse” division lands in South Vietnam, becoming the first South Korean military unit to take part in the Vietnam War.1973 — The first subway line in Pyongyang, North Korea’s capital, opens for service.1985 …

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