Authorities target its implementation by Q4. South Korea has floated plans to allow overseas financial firms to participate in its foreign exchange (FX) market in the last three months of 2023, …
South Korea’s household loans rise 3.5% in June
Demand for bogeumjari loans and jeonse loans drive mortgage loan demand. Household loans extended by banks in South Korea rose for the third straight month in June. Banks saw a $4.63b (KRW5.9t) rise …
Exclusive: South Korea asks banks to prepare $4 billion to support credit union, sources say
South Korea’s financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdrawals, two banking sources …
S.Korea’s Yoon asks Japan for OK to send experts to monitor Fukushima water release
South Korean President Yoon Suk Yeol asked to send South Korean experts to monitor the planned release of water from Japan’s tsunami-hit Fukushima nuclear plant during a meeting on Wednesday with the Japanese prime minister,
Indiana opens South Korea business office to attract foreign investment
The Indiana Economic Development Corporation says the state has opened an office in Seoul, South Korea, to attract foreign investment to the state’s energy, electric vehicle and semiconductor sectors.
Hyundai Motor union to stage strike in South Korea on Wednesday
Unionised workers at Hyundai Motor Co in South Korea plan to hold a four-hour strike on Wednesday to show solidarity with its umbrella union’s general strike, a spokesperson for Hyundai Motor’s South …
Why Does N.Korea Suddenly Use S.Korea’s Official Name?
North Korean leader Kim Jong-un’s sister Yo-jong in a series of recent tirades referred to South Korea for the first time as the “Republic of Korea,” its official name.The North had always used “South …
North Korea launches long-range missile toward sea
South Korea’s military detected the long-range missile launch from the North’s capital region around 10 a.m., the South’s Joint Chiefs of Staff said in a statement. It said South Korea’s military …
North Korea launches long-range missile toward sea
South Korea’s military detected the long-range missile launch from the North’s capital region around 10 a.m., the South’s Joint Chiefs of Staff said in a statement. It said South Korea’s military …
Finance ministry, South Korean embassy sign memorandum of understanding on capacity building of medical services
The Ministry of Finance and the South Korean embassy on Tuesday signed a. The MoU of the project “Capacity Building Of Medical Service To Achieve Universal Health Coverage For The Poor In Vulnerable …