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Home » Archives for January 11, 2024 » Page 12

January 11, 2024

White House official not aware of any indications about N. Korea-Hamas military cooperation

January 11, 2024

A White House official said Wednesday that he has not seen any indication of military cooperation between North Korea and the Hamas militant group, despite the South Korean spy agency’s assessment that North Korean-made arms are being used by the gro…

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2 ex-heads of humidifier disinfectant makers given prison terms for fatal products

January 11, 2024

An appellate court on Thursday overturned a lower court’s ruling and sentenced two former heads of humidifier disinfectant manufacturers to prison on charges of producing and selling toxic products.

The sentence by the Seoul High Court marks the lat…

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National debt nears 1,110 tln won through Nov. 2023: data

January 11, 2024

South Korea’s national debt inched up to come closer to 1,110 trillion won (US$824.68 billion) as of end-November, and the fiscal deficit logged an on-month growth, data showed Thursday.

The country’s debt as measured in outstanding state bonds came…

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(LEAD) Supreme Court again orders Japanese company to compensate Korean forced labor victim

January 11, 2024

The Supreme Court on Thursday upheld another appellate court ruling that ordered a Japanese company to compensate the family of a late South Korean forced into wartime labor during Japan’s 1910-1945 colonial rule.

The top court handed down the decis…

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Creditors of troubled builder Taeyoung set to decide on debt restructuring

January 11, 2024

Creditors of debt-ridden Taeyoung Engineering and Construction Co. were set to make a decision Thursday on whether to allow the ailing builder to move forward with a debt restructuring program.

Taeyoung, the 16th-largest builder in South Korea in te…

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