Health insurance deficit

Without a drastic overhaul, South Korea’s public health care system can hit a crisis

South Korea’s public health system is still mired in a protracted dispute between the government and doctors over the medical school enrol…

A former chairman of the underwear manufacturer Ssangbangwool Group was sentenced to prison on Friday on charges including illegally remitting US$8 million to North Korea in 2019 on behalf of the Gyeonggi provincial government while opposition leader…

South Korean President Yoon Suk Yeol concluded his trip to the United States Thursday, rallying support from North Atlantic Treaty Organization (NATO) members to counter deepening military cooperation between North Korea and Russia, and reaffirming h…

The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, data showed Friday.

The average capital adequacy ratio of insurance firms stood at 223.6 percent as of end-March, down 8.6 percentage point…

One of the three suspects extradited from Cambodia earlier this week attended a court hearing on Friday on an arrest warrant sought for him over the murder of a Korean tourist in Pattaya, Thailand.

The 27-year-old was extradited Wednesday on charges…

Sales of derivative-linked securities in South Korea dropped from three months earlier in the first quarter, data showed Friday, amid concerns over heavy losses for derivative products tracking Chinese stocks.

The combined value of equity-linked sec…

South Korea cannot immediately ratify the Optional Protocol to the U.N. Convention Against Torture because it may conflict with domestic law, the justice ministry said Friday.

The country delivered the position during a U.N. meeting held in Geneva, …

South Korean President Yoon Suk Yeol vowed Thursday to strengthen cooperation with the United States, Japan and the North Atlantic Treaty Organization (NATO) to address deepening military cooperation between North Korea and Russia, which he called a …