South Korea’s central bank froze its key rate for the eighth straight session Thursday amid woes over a still weak economic recovery and slower-than-expected inflation moderation but signaled that it may shift toward ending its restrictive stance.
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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…
The number of South Korean construction firms’ business closures hit an 18-year high in 2023 amid a slumping property market, data showed Thursday.
A total of 581 general construction companies went out of business last year, up 219 cases from the p…
The value of listed firms in South Korea swelled nearly 25 percent over the past year amid a bullish stock market, a corporate tracker said Thursday.
The market capitalization of 2,607 companies listed on the country’s main and secondary bourses cam…