The government has decided to extend at least 560 billion won (US$445.07 million) of funds to support small vendors suffering from payment delays by the e-commerce platforms TMON and WeMakePrice, the finance ministry said Monday.

The two South Korea…

Today (%) Previous Session(%) Change (BP)

1-year TB 3.159 3.193 -3.4

2-year TB 3.054 3.100 -4.6

3-year TB 2.979 3.024 -4.5

10-year TB 3.055 3.108 -5.3

2-year MSB 3.042 3.078 -3.6

3-year CB (AA-) 3.437 3.482 -4.5

Source: Yonhap News Agency

South Korea’s point man on North Korea called Monday for patience in creating conditions to bring Pyongyang back to the dialogue table amid heightened tensions on the divided Korean Peninsula.

North Korea has launched thousands of trash-carrying bal…

E-commerce troubles

: Impact feared to spread beyond Tmon, WeMakePrice to e-commerce sector

Last week, South Korea’s e-commerce industry plunged into turmoil as two well-known platforms affiliated with Singapore-based Qoo10 Group failed to make pay…

Chiang Mai, The Commander of Provincial Police Region 5 is preparing to issue arrest warrants for 3 more members of the call center gang, part of the “Pol. Lt. Col.” network, including 2 Thais and 1 foreigner. Meanwhile, the “Pol. Lt. Col.” police of…

Kia Corp., South Korea’s second-largest automaker, unveiled teaser images for the company’s upcoming revamped K8 sedan Monday.

The teaser spotlights the silhouette of the front and rear lights of the newly designed K8 sedan. The original K8 was firs…

A 2.3 magnitude earthquake struck North Korea’s lower western region Monday night, with no expected damage, the state weather agency said.

The quake struck an area 23 kilometers northeast-east of Songlim, North Hwanghae Province, which lies just nor…

Teen shooter Ban Hyo-jin captured the gold medal in the women’s 10-meter air rifle at the Paris Olympics on Monday, becoming South Korea’s youngest Summer Olympic gold medalist at age 16.

Ban edged out Huang Yuting of China in a shoot-off, 10.4 poin…