July 15, 2024

General
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Banks’ rate for fresh loans edges down in June

The average lending rate of major banks in South Korea dropped from a month earlier in June, data showed Monday.

COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, came to 3.52 percent last month, down 0.04 percentage po…

General
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US ambassador visits HD Hyundai Heavy’s shipyard in Ulsan

The U.S. ambassador visited a shipyard of HD Hyundai Heavy Industries Co. on Monday and discussed plans on cooperation between the U.S. and the world’s largest shipbuilder, company officials said.

Ambassador Philip Goldberg visited the shipyard in U…