August 12, 2024

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(LEAD) Yoon again vetoes contentious broadcasting bills

President Yoon Suk Yeol on Monday approved a Cabinet motion demanding parliamentary reconsideration of four broadcasting bills, exercising veto power again against the legislation that the government says infringes upon the president’s rights to appo…

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Banks’ household loans up for 4th month in July on mortgage gain

Household loans extended by banks in South Korea rose for the fourth consecutive month in July, led by a rise in mortgage loan growth, central bank data showed Monday, amid an extended restrictive monetary policy mode.

Banks’ outstanding household l…

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Krafton Q2 net income up 165.7 pct to 341.4 bln won

Krafton Inc. on Monday reported its second-quarter net income of 341.4 billion won (US$248.9 million), up 165.7 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 152.5 percent o…