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Home » Archives for March 19, 2024 » Page 3

March 19, 2024

Kakao Mobility pushes for reappointment of CEO involved in accounting fraud allegations

March 19, 2024

SEOUL, Kakao Mobility Corp., South Korea’s top taxi-hailing service operator, has been pushing for plans to reappoint its CEO, despite the state financial regulator’s recommendation to replace him amid allegations of accounting fraud, industry source…

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PPP names disabled lawyer, N. Korean defector-turned-engineer as top proportional candidates

March 19, 2024

SEOUL, A satellite party affiliated with the ruling People Power Party (PPP) has announced a list of 35 candidates for its proportional seats, including a female lawyer with disabilities and a North Korean defector-turned-engineer.

The party’s elect…

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S. Korea says democracy summit not aimed at specific country amid Chinese opposition

March 19, 2024

SEOUL, South Korea’s foreign ministry said Tuesday the ongoing third Summit of Democracy in Seoul is not aimed at a specific country in a thinly veiled reference to China.

Seoul’s reaction came in response to Chinese opposition against Taiwan’s part…

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Foreign currency deposits down for 2nd month in February

March 19, 2024

SEOUL, Foreign currency deposits declined for a second consecutive month in February as companies curtailed overseas investment and trade volume decreased, central bank data showed Tuesday.

Residents’ outstanding foreign currency-denominated deposit…

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Yoon vows to abolish house price policy of previous administration

March 19, 2024

SEOUL, President Yoon Suk Yeol vowed Tuesday to abolish a real estate policy adopted by the previous administration to stabilize home prices, saying it only caused greater suffering to the people.

Yoon was referring to a 2020 policy under which the …

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