SEOUL, The antitrust regulator said Thursday it has decided to slap a fine of 29.8 billion won (US$21.93 million) on JW Pharmaceutical, a local drug firm, for providing illegal rebates to local clinics.The company had given cash, gifts and other benef…
SEOUL, The United Nations-led multilateral system is feared to be losing its standing as a key international body, as countries are increasingly becoming divisive in pursuit of their own political interests rather than seeking compromise, the president…
SEOUL, South Korea’s central bank held its key interest rate steady for the sixth straight time Thursday amid a slowdown in growth and heightened uncertainties, such as the prolonged Ukraine-Russia war and rising household debts.In a widely expected d…
SEOUL, South Korea will provide US$2 million worth of humanitarian aid to help civilian victims in the ongoing war between Israel and the Palestinian militant group Hamas, the foreign ministry said Thursday.The provision will be made through internati…
SEOUL, A total of 2,154 infants born in the country between 2015 and 2022 were not documented after birth, the state audit agency said Thursday.The Board of Audit and Inspection (BAI) disclosed the findings during its routine audit of the health minist…