The head of the financial regulator on Thursday urged construction firms to quickly minimize risks from short-term loans related to real estate projects.
Lee Bok-hyun, chief of the Financial Supervisory Service (FSS), also advised lenders to keep the…
The chief executive of South Korean automaker KG Mobility Corp., formerly known as Ssangyong Motor, has offered to resign over embezzlement allegations, an industry source said Thursday.
According to the source, CEO Jeong Yong-won tendered his resign…
President Yoon Suk Yeol on Thursday appointed Joo Ki-hwan, a prosecutor-turned-politician known to be close to Yoon, as his special adviser for people’s livelihood issues.
The presidential office announced the appointment in a notice to the press, th…
Forty-four percent of voters said they would support the ruling People Power Party (PPP) in next month’s general elections, while 49 percent said they would support the opposition to keep the government in check, a survey showed Thursday.
The proport…