Ban's second-term bid endorsed by Security Council

Submitted by YONHAP on

NEW YORK, June 17 (Yonhap) -- United Nations Secretary-General Ban Ki-moon is almost certain to succeed in his pursuit of a second term after the Security Council on Friday unanimously adopted a re

IFM cuts global economic outlook to 4.3 percent

Submitted by YONHAP on

WASHINGTON, June 17 (Yonhap) -- The International Monetary Fund (IMF) on Friday revised down its global economic growth forecasts for this year to 4.3 percent, citing a slower-than-expected recover

Bank heads urge steps to tackle household debt

Submitted by YONHAP on

SEOUL, June 17 (Yonhap) -- Heads of South Korea's central bank and commercial lenders on Friday called for measures to fight snowballing household debt amid worries it could pose a threat to the fi

X