Day: February 5, 2024
Speed skater Kim Min-sun finishes 2nd in World Cup standings with silver in finale
SEOUL, South Korean speed skater Kim Min-sun has finished second in the World Cup standings after grabbing a silver medal in her finale in Canada.
Kim finished second to Femke Kok of the Netherlands in the second of two women’s 500-meter races with …
Regulator vows measures to prevent contagion from risks of property financing
SEOUL, Financial authorities will spare no effort this year to prevent risks of real estate project financing from spreading into overall financial markets, the head of the financial regulator said Monday.
Lee Bok-hyun, governor of the Financial Sup…
S. Korea to push for DNA tests on bodies of N. Koreans Pyongyang refuses to accept
SEOUL, The unification ministry said Monday it will push to conduct genetic testing on the bodies of North Koreans found in South Korean waters or coastlines in case North Korea refuses to accept them.
The move is aimed at helping the families of th…
Seoul shares down 1.48 pct in late Mon. morning trade
SEOUL, South Korean stocks traded sharply lower late Monday morning as investors sought to cash in recent gains.
The benchmark Korea Composite Stock Price Index (KOSPI) had declined 38.63 points, or 1.48 percent, to 2,576.68 as of 11:20 a.m.
Chipma…
Iconic actor Namkoong Won dies at age 90
SEOUL, Actor Namkoong Won, an iconic movie star of the 1960s-70s, died at a hospital Monday, his family said. He was 90.
He battled lung cancer for a long time at Asan Medical Center in Seoul, according to the family.
Making his debut on the silver…
OECD cuts S. Korea’s 2024 growth outlook to 2.2 pct
SEOUL, The Organization for Economic Cooperation and Development (OECD) revised down its outlook for South Korea’s economic growth this year to 2.2 percent, Seoul’s finance ministry said Monday.
The figure marked a 0.1 percentage-point fall from its…
Health ministry expected to unveil medical school quota hikes Tuesday
SEOUL, South Korea’s health ministry is expected to make a decision on the enrollment quota hikes for medical schools as it is set to hold a meeting on medical workforce policies this week, an official said Monday.
Last week, the government said Sou…
BNK Financial Group 2023 net profit down 18.6 pct to 669.4 bln won
SEOUL, BNK Financial Group Inc. on Monday reported its 2023 net profit of 669.4 billion won (US$503 million), down 18.6 percent from a year earlier.
Operating profit for the year was 801.2 billion won, down 30.9 percent from the previous year, the c…
S. Korean builder Booyoung offers employees 100 mln won per birth
SEOUL, South Korean builder Booyoung Group said Monday it will provide employees with 100 million won (US$75,000) per birth to help boost the country’s record-low birth rate.
Booyoung has delivered a combined 7 billion won to 70 employees, either ma…
Ex-deputy chief of Nat’l Court Admin convicted in power abuse case
SEOUL, Lim Jong-hun, former deputy head of the National Court Administration (NCA), the Supreme Court’s governing body, was sentenced by a court Monday to two years in prison, suspended for three years, after being convicted in a controversial power …