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S. Korea, U.S. Launch Joint Underwater Operation for Korean War Remains

SEOUL, Sept. 22 (Korea Bizwire) — South Korea and the United States kicked off their first joint underwater excavation project earlier this month to recover the remains of American soldiers killed during the 1950-53 Korean War, the defense ministry said Friday. Some 10 South Korean military personnel, and 20 from the U.S. Forces Korea and [...]

Business Behaviors of Internet-only Banks Same as Those of Commercial Banks: Lawmaker

SEOUL, Oct. 7 (Korea Bizwire) — Despite being granted various benefits as an incentive for innovation, internet-only banks are operating the same way as traditional commercial banks, relying mainly on loans for those with high credit scores, a lawmaker said Wednesday. During a State Affairs Committee meeting at the National Assembly, Rep. Bae Jin-kyo of [...]