The country’s financial regulator said Wednesday it may adopt more enhanced criteria on home loans should the measures fail to curb the rising of such loans.

Starting in September, the tightened curbs will be

Corporate direct financing in South Korea climbed 7.5 percent in July, as more companies tapped the bond market to raise funds, data showed Wednesday.

Local companies raised a combined 21.61 trillion won (US$16.18 billion)

South Korea needs to consider accepting more foreign workers to increase its working-age population amid a looming demographic crisis, a presidential aide said Wednesday.

You Hye-mi, a senior aide on addressing low birth rates,

South Korea’s business sentiment dipped for second consecutive month in August amid dim prospects for the U.S. economy, a central bank poll showed Wednesday.

Local companies’ business sentiment index (BSI) stood at 92.5 this

SK Telecom Co., South Korea’s leading mobile carrier, said Wednesday it will open an artificial intelligence (AI) data center using Nvidia’s graphic processing units (GPU) in December.

SK Telecom will join hands with U.S.