SEOUL (Yonhap) - More than one-third of South Korea's savings banks have eroded their capital due to large bad debts, data showed Tuesday, raising concerns on their financial health and possible ba

SEOUL (Yonhap) - North Korea plans to partially open a landmark hotel next April to mark the centennial of the birth of Kim Il-sung, the country's late founder, a source said Tuesday.

SEOUL (Yonhap) - South Korea is pushing for a global currency swap scheme during the Group of 20 meetings as part of efforts to strengthen the financial safety net against global market turbulences

SEOUL (Yonhap) - Remittances of funds to South Korea from Koreans living in foreign countries hit an over two-year high in August as the local currency's sharp weakness prompted them to accelerate

SEOUL (Yonhap) - Despite an official order in 2006 to limit overnight interrogations by prosecutors in order to protect human rights, their frequency surged nearly 2.5-fold over the past three year

SEOUL (Yonhap) - South Korea's finance minister Tuesday called for more "aggressive and swift" measures in tackling the eurozone debt problem to prevent it from growing into a global financial cris

SEOUL (Yonhap) - The Seoul Metropolitan Government on Tuesday agreed to launch joint city marketing activities with New York City as part of efforts to increase the world's awareness of South Korea

SEOUL (Yonhap) - The implementation of the signed free trade agreement (FTA) with the United States will likely cause billions of dollars in damages to South Korea's farming industry, a government

SEOUL (Yonhap) - GM Korea Co., the South Korean unit of U.S. automaker General Motors Co., unveiled its new mid-size Malibu sedan for the domestic market on Tuesday.

SEOUL (Yonhap) - South Korean banks' household loans fell for the first time in eight months in September as lenders joined the regulator's move to curb growing household debt, industry data showed