SEOUL, Mar. 28 (Korea Bizwire) — A Seoul court sentenced a 43-year-old man to one year in prison on charges of leaving a weapon in front of ruling party leader Han Dong-hoon’s home in southern Seoul last year while he was serving as justice minister. The man, only known by his surname Hong, has been [...]
SEOUL, June 20 (Korea Bizwire) – South Korea’s military is willing to provide security forces to the United States’ military units in the country to fend off potential terrorist attacks by the militant Islamic State (IS), which threatened to launch attacks against American installations here, the Joint Chiefs of Staff said Monday. South Korea’s police [...]
SEOUL, Nov. 17 (Korea Bizwire) – Mounting household debt in South Korea is a major risk factor that could undermine financial stability and economic growth of Asia’s fourth-largest economy, but the country’s fundamental soundness and pre-emptive measures could help resolve such problems, a former Moody’s analyst said Tuesday. “(A U.S. rate hike) will have effects [...]