August 26, 2024

Insurance firms’ lending falls in H1

Loans extended by insurance firms in South Korea dropped in the first half of the year amid a slight rise in their loan default rate, data showed Monday.

Outstanding loans extended by insurance companies here came to 266.4 trillion won (US$200.4 bil…

2 S. Korean players qualify for PGA Tour playoff finale

Two South Korean players have qualified for the final playoff event of the PGA Tour, with one having extended his appearance streak to six while the other is about to make his debut.

Im Sung-jae and An Byeong-hun stayed safely inside the top 30 in t…

Seoul shares open higher on U.S. rate cut hopes

South Korean shares opened slightly higher Monday amid growing hopes for a U.S. rate cut.

The benchmark Korea Composite Stock Price Index (KOSPI) added 2.85 points, or 0.11 percent, to 2,704.54 in the first 15 minutes of trading.

The increase follo…