Household loans extended by five major lenders in South Korea rose for the ninth consecutive month in January with the rate of increase also quickening from a month earlier, market sources said Thursday.

Household loans extended by the five top lend…

Cuba’s new ambassador to North Korea has begun his duties, according to the North’s state media Thursday, as countries having friendly ties with North Korea have ramped up diplomatic activities in the secretive regime since the opening of its border….

DL E and c Co. on Thursday reported its fourth-quarter net income of 5.9 billion won (US$4.4 million), down 88.9 percent from a year earlier.

Operating income for the October-December period was 88.7 billion won, down 26.2 percent from a year ago, t…

South Korea’s exports moved up for the fourth consecutive month in January on the back of the recovery of semiconductor shipments, data showed Thursday.

Outbound shipments advanced 18 percent on-year to US$54.6 billion last month, according to the d…

The unification ministry said Thursday it has created a symbol of South Koreans abducted and detained in North Korea with an image of three forget-me-nots in a bid to raise public awareness of the issue.

The move is part of South Korea’s efforts to …

Two firefighters were found dead early Thursday after they were trapped at a burning meat processing factory in the central city of Mungyeong while on a mission to search for fire victims, authorities said.

Rescuers retrieved the bodies of the firef…