Five-term lawmaker Woo Won-shik was elected as the new National Assembly speaker Wednesday in a unilateral vote by the opposition parties at a plenary meeting with lawmakers of the ruling People Power Party (PPP) boycotting the session.
It marked th…
South Korea on Wednesday held an interagency meeting to discuss safety measures against North Korea’s recent series of provocative acts, including its sending of trash-carrying balloons, the Joint Chiefs of Staff (JCS) said.
The meeting, led by Lt. …
South Korean stocks rose more than 1 percent Wednesday backed by gains of chip and battery shares amid hopes for a rate cut by the Federal Reserve. The local currency rose against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOS…
South Korean stocks rose more than 1 percent Wednesday backed by gains of chip and battery shares amid hopes for a rate cut by the Federal Reserve. The local currency rose against the U.S. dollar.
The benchmark Korea Composite Stock Price Index (KOS…
The delinquency ratio on real estate project financing (PF) loans rose sharply in the first quarter of the year from three months earlier, data showed Wednesday, amid concerns about possible risks stemming from such loans.
The delinquency ratio on r…