Eun Jin-soo, an auditor of the Board of Audit and Inspection and a close ally of President Lee Myung-bak, is under suspicion of being involved in lobbying for the corruption-ridden Busan Savings Ba

Time for Koreas to swallow old grudges

The average monthly income for households grew 3.5 percent year on year to 3.86 million won during the first quarter of this year. But spending grew at the faster rate of 4.7 percent.

SEOUL, May 27 (Yonhap) -- The following are the top headlines in major South Korean newspapers on May 27.

By Hwang Doo-hyong

SEOUL, May 27 (Yonhap) -- South Korean banks saw their capital adequacy ratio decline in the first quarter of this year from three months earlier due mainly to dividend payments, the financial regu

SEOUL, May 27 (Yonhap) -- A Seoul court on Thursday issued a warrant for the arrest of the chairman of Orion Group on charges of ordering executives of the confectionery and media group to create s

(ATTN: UPDATES with outcome of SOFA meeting, comments on SOFA revision in paras 5-7, 18-20) SEOUL, May 26 (Yonhap) -- The U.S.

(ATTN: CLARIFIES in lead that new test will replace only English portion of CSAT) SEOUL, May 26 (Yonhap) -- A new English aptitude test developed and certified by the government will replace the En

(ATTN: UPDATES with context, background, material from NK leader-Beijing departure in paras 4-8, 15-16, last 8 paras; ADDS photo) SEOUL/BEIJING, May 26 (Yonhap) -- North Korean leader Kim Jong-il c