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Banks raise loan limits as household debt growth curbs

March 28, 2022

South Korean banks have started raising the maximum amount consumers can borrow under a loan to the level before financial regulators intervened to curb the

First-quarter outlook upbeat for Samsung, SK hynix

March 28, 2022

Samsung Electronics and SK hynix, the world’s top two memory chip makers, are projected to post record first-quarter earnings this year over rising chip prices

Yoon calls for restored ties with Japan at the earliest

March 28, 2022

President-elect Yoon Suk-yeol on Monday called for the need to restore ties with Tokyo at the earliest in a future-oriented way, in his meeting with

SKT to mount 5G MEC solutions on Dell’s servers

March 28, 2022

US tech giant Dell Technologies and South Korean mobile carrier SK Telecom said Monday they would forge a multi-access edge computing alliance to expand its

SK Square unveils W2tr bet on chips, blockchain

March 28, 2022

SK Square, an investment arm of South Korea‘s third-largest conglomerate, said Monday it plans to spend at least 2 trillion won ($1.6 billion) over the

Kim says N.Korea will arm forces with ‘more powerful means of attack’

March 28, 2022

North Korean leader Kim Jong-un said the country will develop and deploy more powerful means of attack, while seeking to bolster up its “nuclear war

Three Korean actors of ‘Drive My Car’ attend 94th Academy Awards

March 28, 2022

Three Korean actors — Park Yu-rim, Jin Dae-yeon and Ahn Hwi-tae — attended the 94th Academy Awards ceremony Monday and celebrated the Japanese film “Drive

South Korea’s severe cases reach all-time high

March 28, 2022

The number of severe COVID-19 cases in South Korea hit another record high during the 24 hours of Sunday, the country’s health authorities said Monday.

Hyundai Heavy hits restart with new name

March 28, 2022

Embarking on changes ranging from management to business strategy, Hyundai Heavy Industries Group on Monday deployed a new corporate name and appointed a grandson of

SsangYong Motor back on sale as Edison’s acquisition fails

March 28, 2022

South Korean mid-sized automaker Edison Motors’ proposed acquisition of SsangYong Motor has been cancelled due to payment failure, putting the debt-laden SUV maker’s journey to

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