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News
Exclusive: Banks' Loan Rates Dip Slightly Despite Benchmark Cuts
6+ hour, 20+ min ago (325+ words) Net add-on rates rose 0.57 percentage points, shifting burden to borrowers as loan growth caps tighten ◇When loan benchmark rate drops 0.72 percentage points, actual rate falls 0.15 percentage points However, the actual household loan rates at these 14 banks decreased only from 5.68% to…...
Anti-Corruption Commission Detects 130 Billion Won Bid Rigging
7+ hour, 29+ min ago (220+ words) Collusion in School Modular Classroom Contracts Referred to Fair Trade, Police Agencies The Anti-corruption & Civil Rights Commission has referred a case to the Korea Fair Trade Commission, National Police Agency, and other agencies after detecting collusion by several companies in…...
Kim Seong-su Apologizes for 'Brother-in-Law' Sublease Suspicions
8+ hour, 12+ min ago (240+ words) Addresses below-market rent, 34-month unpaid lease in Gangnam apartment deal Justice candidate Kim Seong-su apologized on the 14th during a parliamentary confirmation hearing regarding suspicions of a sublease arrangement for a Gangnam apartment, dubbed the "brother-in-law advantage." Kim stated during the…...
President Lee Jae Myung Slams Reform-Blocking Hardliners
19+ hour, 36+ min ago (549+ words) chosun.com President Lee Jae Myung Slams Reform-Blocking Hardliners Lee criticizes Democratic Party hardliners obstructing reforms under reform guise President Lee Jae Myung said on September 12, “The biggest obstacle to reform is obstructing reform in the name of reform.” His…...
Foreign Tourists Spend 568.4 Billion Won in Myeongdong
19+ hour, 32+ min ago (9+ words) chosun.com...
Editorial: Blue House Tramples Chief Justice's Nomination Authority
20+ hour, 11+ min ago (9+ words) chosun.com...
Korea Housing Finance Corporation Assists 3,898 Jeonse Fraud Victims
19+ hour, 54+ min ago (11+ words) chosun.com...
Trump Says Iran Conflict to End After Midterms
18+ hour, 11+ min ago (9+ words) Trump Says Iran Conflict Will End After Midterms chosun.com...
The Worst Leader is Incompetent but Diligent
20+ hour, 39+ min ago (450+ words) The worst leader is not the lazy and incompetent one who drinks alcohol and hunts for gourmet restaurants. Borrowing Hammerstein’s classification, the actual worst is the leader who is incompetent but believes himself competent—even diligent. In an organization with…...
Seoul Council Slashes Youth AI Budget, Revives Disability Program
23+ hour, 18+ min ago (402+ words) Democratic Party faces backlash for cutting AI funding while reinstating disability jobs linked to protests The Seoul Metropolitan Council, which holds 80 out of 118 seats, has sparked controversy by slashing the budget for the city’s proposed ‘Youth AI Support Project’ while…...