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S. Korea, U.S. hold 5th round of talks on defense cost sharing

South Korea and the United States began a new round of negotiations Wednesday on the sharing of the cost for the upkeep of U.S. Forces Korea (USFK), officials said.

The three-day talks in Seoul mark their fifth round since the two countries launched…

(EDITORIAL from Korea Herald on July 10)

South Korea’s household loans surged at an embarrassing pace last week, ringing alarm bells for financial authorities over local home buyers rushing to take out mortgage loans from banks, often beyond their repayment capacity, in a bid to ride a reco…

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