Seoul shares traded sharply lower late Friday morning as investors cashed in profits from recent rallies in sync with the U.S. market amid signs of cooling U.S. inflation.
The benchmark Korea Composite Stock Price Index had fallen 36.47 points, or 1…
A senior official of the Financial Supervisory Service (FSS) on Friday called for banks to preemptively curb household debts.
Lee Joon-soo, FSS senior deputy governor for banks and nonbanks, made the call in a luncheon with the chairs of the boards …
Samsung Electronics Co. Chairman Lee Jae-yong has been on a visit to India to review the company’s local operations and meet with business partners, a source close to the matter said Friday.
Lee arrived in Mumbai on Thursday, according to the source…
The knife attacker of opposition leader Lee Jae-myung has appealed the 15-year prison term he received for the January stabbing in Busan that left Lee hospitalized, saying the punishment is too heavy.
The Busan District Court sentenced the 67-year-o…
