July 3, 2024

Financial regulator urges banks to curb household debt growth

The financial regulator called on local banks Wednesday to curb a rise in their household loans, citing recent increases in home-backed loans.

Lee Joon-soo, a senior deputy governor of the Financial Supervisory Service (FSS), made the call in a meet…

Police vow to speed up probe into deadly car crash

Police investigating the deadly car crash that killed nine people in downtown Seoul earlier this week said Wednesday they will speed up the probe as soon as the injured perpetrator’s physical condition improves.

The Seoul Namdaemun Police Station sa…