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Banks’ Bad-Loan Ratio Down in Q3
Seoul: South Korean banks’ bad-loan ratio declined in the third quarter from three months earlier due to a fall in newly soured loans, data showed
Arms Procurement Agency to Launch 160 Billion-Won Fund for Defense Export Support
Seoul: The state arms procurement agency announced Thursday that it is in the final stages of establishing a 160 billion-won (US$109 million) investment fund designed
State Auditor Criticizes Medical School Quota Increase for Lack of Justification
Seoul: The state audit agency on Thursday released findings that the previous Yoon Suk Yeol administration’s decision to increase the medical school enrollment quota by
Appellate Court Overturns Fine for Worker Accused of Snack Theft
Jeonju: An appellate court has acquitted a security worker accused of “stealing” two snacks valued at 1,050 won (US$0.72) from a fridge at his workplace
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Appellate Court Overturns Fine for Worker Accused of Snack Theft
Jeonju: An appellate court has acquitted a security worker accused of “stealing” two snacks valued at 1,050 won (US$0.72) from a fridge at his workplace
CJ ENM to Proceed with MAMA Awards in Hong Kong Despite Deadly Fire
Seoul: CJ ENM confirmed it will hold the 2025 MAMA Awards, one of the most prominent K-pop year-end music events, as planned in Hong Kong
South Korea’s 4th Nuri Rocket Launch Successfully Establishes Satellite Contact
Goheung: South Korea confirmed the successful launch of its homegrown space rocket Nuri from Naro Space Center, with the main unit of the 13 satellites
Seongnam FC Triumphs Over Seoul E-Land FC to Keep Promotion Hopes Alive
Seoul: Seongnam FC defeated Seoul E-Land FC 1-0 in a second-division football playoff match in Seoul on Thursday, keeping alive their hope of earning promotion