The chief of the financial regulator on Thursday emphasized the need to reform the country’s online payment system following massive payment delays at two e-commerce platforms.
Kim Byoung-hwan, head of the Financial Services Commission
Three South Koreans with the national ski team were killed and another from the same group seriously injured in a fatal car crash in New Zealand, according to news reports and diplomatic sources Thursday.
South Korea’s central bank froze its key rate for the 13th straight session Thursday as household debts continue to increase and inflation keeps slowing down.
In a widely expected decision, the monetary policy board
South Korean stocks ended slightly higher on Thursday to extend their winning streak to a third day as investors await more clues over the U.S. rate policy direction amid the Bank of Korea’s rate
Lawmakers have proposed bills to prevent people from driving under the influence or without licenses on electric scooters and kickboards after BTS member Suga’s drunk-driving incident ignited safety concerns, officials said Thursday.
Suga, who