Most Popular
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Torrential rainfall forces 1,500 to evacuate, causes widespread damage to homes, roads
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[KH Explains] Can smart chargers ease tensions over EV fires?
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1 in 5 households to have breadwinner over 80 in 30 years
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[Online Predators] Online reviews of sex tourism in Southeast Asia proliferate
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Middle East’s big AI push lures Korean tech firms
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[Herald Review] 'Culinary Class Wars': fresh, creative survival show minus the drama
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Arrival of fall calls for more outdoor festivals
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Pikki Pikki dance: Korean cheerleader dance routine takes social media by storm
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New Fifty Fifty off to strong start
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Assembly to review disputed appointment of national soccer team coach
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Provincial governor gets 18 months jail term for bribery
A local court on Thursday delivered a prison term to an incumbent provincial governor on charges of taking bribes from a deceased businessman.The Seoul Central District Court sentenced Hong Joon-pyo, 61, to 18 months in prison for receiving 100 million won ($91,300) from Sung Wan-jong, the late chairman of a local construction firm in 2011, and ordered him to forfeit the money."The briber's testimony is credible, as he has been testifying consistently from the investigation to the court hearing,
Social AffairsSept. 8, 2016
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Household debt rises in August amid low interest rates
South Korea's household debts rose in August despite the government's efforts to tackle the potential risk factor for Asia's fourth-largest economy, central bank data showed Thursday.The balance of household loans extended by local banks amounted to 682.4 trillion won ($623 billion) as of the end of August, up 8.7 trillion won from a month earlier, according to the Bank of Korea.Of the aggregate debts, mortgage loans extended by banks rose by 6.2 trillion won to 512.7 trillion won.Last month, th
Sept. 8, 2016