Corporate loan growth in South Korea decelerated in the second quarter of this year from three months earlier, central bank data showed Friday, as lenders tightened credit risk management. The outstanding loans extended to local companies came to 1,...

New Defense Minister Kim Yong-hyun warned Friday that North Korea will face the end of its regime if it undertakes provocations, vowing to establish an "overwhelming" defense posture to deter threats from the North. Kim made the warning in his speec...

BMW Korea is maintaining a lead in South Korea's imported vehicle market so far this year, industry data showed Friday, as main rival Mercedes-Benz Korea is faced with a brand reputation setback after a massive fire that broke out from one of its ele...

South Korean shares closed sharply lower Friday, extending their losing streak to a fourth consecutive session amid concerns over a potential U.S. recession. The local currency rose against the U.S. dollar. The benchmark Korea Composite Stock Price ...

Today (%) Previous Session(%) Change (BP) 1-year TB 3.019 3.021 -0.2 2-year TB 3.029 3.020 +0.9 3-year TB 2.903 2.905 -0.2 10-year TB 3.018 3.030 -1.2 2-year MSB 2.968 2.970 -0.2 3-year CB (AA-) 3.479 3.480 -0.1 Source: Yonhap News Agency

Prime Minister Han Duck-soo called Friday for building the government's emergency preparedness amid North Korea's evolving threats. Han issued the call during a meeting with central and local government leaders convened to assess the results of last...