Poor Getting Rapidly Poorer
The prolonged recession is threatening poorer Koreans by making jobs scarcer and cutting even their paltry earnings. Pushed closer to the edge, more and more low-income earners turn to loan sharks to meet their desperate cash needs.
Korea's Population to Shrink by 8 Million in 50 Years
GM Korea's Domestic Sales Soar But Exports Sputter
N.Korea Pledges to Refrain from Provocations - for Now
Watchlist Targets Sale of Submarine Parts to N.Korea
MPs Poised to Vote on Park's Impeachment
Office Workers Join Protests Ahead of Impeachment Vote
Cold Snap Expected Over the Weekend
A cold snap is expected to grip the country on Friday following snow or rain, the Korea Meteorological Administration forecast on Thursday. Around 5 mm of rain is expected in the central region as well as in Gyeongsang and Jeolla provinces.
N.Korea's Jet Fuel Imports Surge
Chinese exports of fuel to North Korea surged more than sixfold on-year in September, the Tokyo Shimbun reported on Thursday citing customs statistics. The North imported 22,800 tons of aviation fuel, gasoline and diesel.
Volkswagen Slapped with Record Fine in Emissions Scandal
The Fair Trade Commission on Wednesday fined Volkswagen W37.3 billion for doctoring the emissions and fuel efficiency ratings of cars. It was the biggest fine ever imposed on a carmaker for such offenses.