President Yoon Suk Yeol vowed Wednesday to respond strictly to an ongoing doctors’ walkout, as thousands of trainee physicians remained off their jobs for over two weeks in defiance of the government’s back-to-work order.
Yoon made the remark during…
Fraudulent insurance claims rose to an all-time high last year on a sharp increase in cases involving minor fraud cases, the financial regulator said Wednesday.
Insurance scammers took a record 1.12 trillion won (US$838.6 million) through wrongful f…
South Korea’s foreign reserves declined for a second consecutive month in February as the decreased conversion value of non-dollar assets offset increased investment profit, central bank data showed Wednesday.
The country’s foreign reserves had come…
The top U.S. nuclear envoy pointed out the need Tuesday for “interim steps” to be taken on a path towards North Korea’s ultimate denuclearization, which she stressed would not happen “overnight.”
U.S. Senior Official for North Korea Jung Pak made th…
The persistent alarm over the nation’s declining fertility rate has resonated frequently. While many countries grapple with low birth rates and aging populations, the rapid decline in Korea’s fertility rate stands out. The speed of the fall is alarmi…