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Loan rules for home rentals to be eased: financial regulator

EconomyOct 14, 2021

South Korea will ease tight regulations on loans taken out for home rentals as part of efforts to protect people in actual need of borrowing as financial authorities are set to unveil additional meas...
Jeju Air to raise W127b via stock sale for post-pandemic biz

IndustryOct 14, 2021

Jeju Air Co., South Korea's biggest budget carrier, said Thursday it will raise 127 billion won ($107 million) by selling stocks in preparation for the post-coronavirus era. Jeju Air plans to issue ...
Spy agency partners with university for counterespionage, security education program

Social affairsOct 14, 2021

South Korea's state intelligence agency said Thursday it has agreed to cooperate with a local university to support education programs in the counterespionage and security fields in a bid to help tra...
S. Korea, UAE agree to push for free trade deal

EconomyOct 14, 2021

South Korea and the United Arab Emirates (UAE) announced Thursday that they will launch official talks toward a bilateral free trade agreement, Seoul's trade ministry said. Trade Minister Yeon Han-k...
Defects found in all 4 Global Hawk drones brought from US: lawmaker

DefenseOct 14, 2021

South Korea has found defects in all of the four Global Hawk unmanned surveillance aircraft it has procured from the United States, a ruling party lawmaker said Thursday, calling for measures to ensu...
PM says govt. determined to raise quality of soldier meals

PoliticsOct 14, 2021

Prime Minister Kim Boo-kyum said Thursday the government is determined to improve the quality of meals for military service members following heavy criticism that troops are poorly fed. "Recent sold...
Military reports 8 additional COVID-19 cases

DefenseOct 14, 2021

South Korea's military reported eight more COVID-19 cases Thursday, bringing the total caseload among its personnel to 1,951, the defense ministry said. Seven Army soldiers, including three trainees...
New cases near 2,000 amid rising vaccination rate

Social affairsOct 14, 2021

South Korea's daily new COVID-19 cases neared the 2,000s on Thursday, but the daily caseload dropped from a week ago as the country ramped up its vaccination rate in a move to prepare for a gradual r...
Seoul stocks open higher on stabilizing currency market

MarketsOct 14, 2021

South Korean stocks opened higher Thursday, as investors were relieved by the stable currency rate. The benchmark Korea Composite Stock Price Index (KOSPI) rose 25.39 points, or 0.86 percent, to 2,9...
'Venom 2' tops opening day total of 'Black Widow' in S. Korea

FilmOct 14, 2021

"Venom: Let There Be Carnage" has beat the opening day total of "Black Widow," the latest Marvel release, in South Korea, data showed Thursday. The sequel to 2018's "Venom" topped the daily box-offi...
Court to question key suspect in Seongnam development scandal

PoliticsOct 14, 2021

A Seoul court was to question a key suspect at the center of a snowballing regional development corruption scandal on Thursday to determine whether to issue an arrest warrant for him on bribery and o...
Wine imports almost double this year amid pandemic

EconomyOct 14, 2021

South Korea's wine imports nearly doubled in the first eight months of 2021 from a year earlier as more people enjoyed drinking at home and alone amid the coronavirus pandemic, data showed Thursday. ...
Seoul will take steps if necessary to stabilize FX market: finance minister

EconomyOct 14, 2021

WASHINGTON -- The South Korean government will take market-stabilization steps should there be increased volatility in the foreign exchange market caused by abnormal factors, such as speculation, Fin...
Export prices up for 10th straight month in September

EconomyOct 14, 2021

South Korea's export prices gained for the 10th straight month in September, driven by price hikes of energy and chemical products, central bank data showed Thursday. The country's export price inde...
US, S. Korea working to restart dialogue with N. Korea: Amb. Lee

Foreign affairsOct 14, 2021

WASHINGTON -- South Korea and the United States are working closely together to restart the Korean Peninsula peace process, South Korea's ambassador to the US, Lee Soo-hyuck, said Wednesday. Lee sai...