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Home » Archives for February 15, 2024 » Page 7

February 15, 2024

Teenage drug offenders in Seoul rise fivefold to 235 last year

February 15, 2024

SEOUL, The number of teenagers caught for drug-related charges in Seoul spiked to 235 last year from 48 a year earlier, police data showed Thursday.

The Seoul Metropolitan Police Agency released the data during a seminar held jointly with the Korean …

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Activist funds urge Samsung CandT to enhance shareholder value

February 15, 2024

SEOUL, A group of activist funds have called for Samsung CandT Corp., the de facto holding company of South Korea’s Samsung Group, to enhance shareholder value at a general meeting next month, the company said Thursday.

Five activist funds, including…

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Establishment of S. Korea-Cuba diplomatic relations likely to deal ‘blow’ to N. Korea: official

February 15, 2024

SEOUL, South Korea’s establishment of diplomatic relations with Cuba will likely deal a “blow” to North Korea, given the close brotherly ties Pyongyang and Havana have maintained for decades, a senior presidential official said Thursday.

Years of sec…

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Banks’ rates for fresh loans drop for 2nd month in January

February 15, 2024

SEOUL, The average lending rate of major banks in South Korea for home-backed loans dropped for a second consecutive month in January, data showed Thursday.

COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, came to 3.66 …

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Establishment of S. Korea-Cuba diplomatic ties was approved at Cabinet meeting in secret

February 15, 2024

SEOUL, The government approved the establishment of diplomatic relations with Cuba during a Cabinet meeting earlier this week, but did not disclose it to maintain secrecy around highly sensitive diplomatic negotiations, a source said Thursday.

The so…

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