Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.
“In terms of stability of consumer prices, it is time to sufficiently consider lowering a benchm…
Casper Electric, the new entry-level mini SUV model from Hyundai Motor Co., made a strong debut last month to become the company’s bestselling electric vehicle model in South Korea, according to industry data Tuesday.
The combined domestic sales of …
Actor Yoo Ah-in was sentenced to one year in prison on Tuesday for habitually abusing illegal drugs and was immediately put under detention.
The 38-year-old actor, whose latest works include the Netflix dark fantasy series “Hellbound,” faces charges…
The government on Tuesday designated Armed Forces Day on Oct. 1 as a temporary holiday this year to boost troop morale and domestic consumption.
A motion to designate the holiday was passed during a Cabinet meeting and will be sent to President Yoon…
The government on Tuesday designated Armed Forces Day on Oct. 1 as a temporary holiday this year to boost troop morale and domestic consumption.
A motion to designate the holiday was passed during a Cabinet meeting and will be sent to President Yoon…