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Kakao Bank logs largest-ever earnings in 2024
SEOUL, Feb. 5 (Yonhap) -- Online lender Kakao Bank said Wednesday its net profit hit a record high in 2024 on increased interest income and a steady rise in its customer base.Its net profit came to 440 billion won (US$299 million) last year, up 24 pe
Top headlines in major S. Korean newspapers
General
SEOUL, Feb. 5 (Yonhap) -- The following are the top in major South Korean newspapers on Feb. 5.Korean-language dailies-- Yoon acknowledges ordering troop dispatch to election watchdog (Kyunghyang Shinmun)-- U.S. slaps 10 pct tariff on Chinese goods;
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Corporate direct financing spikes almost 17 pct in 2024
SEOUL, Feb. 5 (Yonhap) -- Corporate direct financing in South Korea soared nearly 17 percent last year from a year earlier on a rise in debt sales, data showed Wednesday.Local companies raised a combined 287.01 trillion won (US$196 billion) last year
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U.S. expert estimates N.K. casualty rate in Russia's war against Ukraine at up to 50 pct
By Song Sang-hoWASHINGTON, Feb. 4 (Yonhap) -- A U.S. expert said Tuesday that up to 50 percent of North Korean troops, who were deployed to support Russia in its war against Ukraine, might be injured or killed on the battlefield, as Moscow is conduct
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(4th LD) Yoon acknowledges troop dispatch to election commission during martial law decree
(ATTN: ADDS more comments in last 4 paras, new photo; TRIMS)SEOUL, Feb. 4 (Yonhap) -- President Yoon Suk Yeol said Tuesday he ordered sending troops to offices of the National Election Commission (NEC) during his martial law declaration as he has sus
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(3rd LD) Yoon acknowledges troop dispatch to election commission during martial law decree
(ATTN: RECASTS headline, lead with Yoon's comments; ADDS more details in paras 2-8, 23-25, new photo)SEOUL, Feb. 4 (Yonhap) -- President Yoon Suk Yeol said Tuesday he ordered sending troops to offices of the National Election Commission (NEC) dur
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Yonhap News signs partnership with Korea-Africa Foundation
SEOUL, Feb. 4 (Yonhap) -- Yonhap News Agency, South Korea's leading newswire service, on Tuesday signed a partnership agreement with the Korea-Africa Foundation to develop diverse content and advance public interest projects related to Africa.The
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(2nd LD) Yoon claims 'nothing happened' over martial law imposition, again denies insurrection charges
(ATTN: RECASTS headline, lead with Yoon's comments; ADDS more details from 2nd para, new photos)SEOUL, Feb. 4 (Yonhap) -- President Yoon Suk Yeol said Tuesday that nothing actually happened regarding his martial law decree, denying allegations th
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(LEAD) Ex-military commander refuses to testify at Yoon's impeachment trial
(ATTN: UPDATES with details of hearing; CHANGES headline, photos)SEOUL, Feb. 4 (Yonhap) -- A former military commander accused of involvement in President Yoon Suk Yeol's brief imposition of martial law refused to testify during Yoon's impeac
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(LEAD) Seoul shares close over 1 pct higher on Trump's tariff delay
(ATTN: ADDS bond yields at bottom)SEOUL, Feb. 4 (Yonhap) -- South Korean stocks closed over 1 percent higher Tuesday as investors shored up blue chips following Washington's decision to postpone the imposing of tariffs on goods from Canada and Me
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S. Korea, U.S. in talks to arrange top diplomats' meeting in Washington soon: Seoul
By Kim Seung-yeon SEOUL, Feb. 4 (Yonhap) -- South Korea is in talks with the United States to hold a meeting between their top diplomats in Washington at an early date, Seoul's foreign ministry said Tuesday, in what will be, if realized, the firs
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Seoul shares close over 1 pct higher on Trump's tariff delay
SEOUL, Feb. 4 (Yonhap) -- South Korean stocks closed over 1 percent higher Tuesday as investors shored up blue chips following Washington's decision to postpone the imposing of tariffs on goods from Canada and Mexico. The Korean won was trading h
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Inflow of N. Korean defectors increases by 20 pct in 2024: official
SEOUL, Feb. 4 (Yonhap) -- A total of 236 North Koreans defected to South Korea last year to resettle, marking a roughly 20 percent increase from the previous year, a unification ministry official said Tuesday.The 2024 total, including 210 women, comp
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Yoon asks court to cancel his arrest over brief martial law attempt
SEOUL, Feb. 4 (Yonhap) -- Impeached President Yoon Suk Yeol asked a court Tuesday to cancel his arrest over his brief imposition of martial law.Yoon's legal defense team submitted the request to the Seoul Central District Court as it prepares to
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Ex-commander says he repeatedly opposed Yoon over martial law
SEOUL, Feb. 4 (Yonhap) -- A former head of the Defense Counterintelligence Command, indicted in connection with President Yoon Suk Yeol's short-lived martial law declaration, said Tuesday that he repeatedly expressed his opposition to the scheme
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Gov't, rival parties to meet next week to discuss chips bill, extra budget
SEOUL, Feb. 4 (Yonhap) -- The government and rival political parties agreed Tuesday to hold four-way talks early next week to discuss a special law on semiconductors and other pending issues.The meeting will be attended by acting President Choi Sang-
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Choi promotes S. Korea's defense, nuclear energy products in meeting with ambassadors
By Kim Han-jooSEJONG, Feb. 4 (Yonhap) -- Acting President Choi Sang-mok emphasized the competitiveness of the country's defense and nuclear energy industries Tuesday in a meeting with top envoys from major countries to South Korea, according to h
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Court to hold 1st preparatory hearing of justice minister's impeachment trial Feb. 24
SEOUL, Feb. 4 (Yonhap) -- The Constitutional Court will hold the first preparatory hearing of Justice Minister Park Sung-jae's impeachment trial on Feb. 24, the court said Tuesday.Park has been suspended from duty since the National Assembly pass
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S. Korean business delegation to visit U.S. for talks on cooperation under Trump
SEOUL, Feb. 4 (Yonhap) -- A South Korean business delegation led by SK Group Chairman Chey Tae-won plans to visit the United States for discussions on bilateral economic cooperation under the second Donald Trump administration, sources said Tuesday.A
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N. Korean troops absent from combat in Kursk since mid-Jan.: spy agency
SEOUL, Feb. 4 (Yonhap) -- North Korean troops deployed to support Russia's war against Ukraine appear to have been absent from combat in the front-line Kursk region since mid-January, the spy agency said Tuesday.The National Intelligence Service
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