Rival political parties held a parliamentary plenary meeting Wednesday and passed several key livelihood bills that have been stalled for months due to partisan disputes, including a nursing act that calls for nurses to
South Korean banks’ nonperforming loans grew for a seventh consecutive quarter in the second quarter of the year due to a rise in bad loans extended to banks, data showed Wednesday.
Loans classified as
North Korea has not yet allowed the entry of a U.N. resident coordinator appointed nearly six months ago, a U.N. official said Tuesday, noting discussions with Pyongyang still continue over the return of international
Tackle debt crisis
Korea in bind over looming US rate cut due to surging debt, property market
A clear warning sign for policymakers is on the horizon: surging debt — not only in the
The Yoon Suk Yeol administration on Tuesday announced a 677.4 trillion won ($508.2 billion) budget for next year, only up 3.2 percent from this year. The increase rate is less than half the average