SEOUL (Yonhap) - South Korea has dropped a plan to provide emergency relief aid to North Korean flood victims, citing the absence of a response from the North, an official said Tuesday.

SEOUL (Yonhap) - South Korean lenders saw a surge in overseas borrowing costs due mainly to persistent external uncertainties that are sapping investor confidence in their European and U.S.

SEOUL (Yonhap) - South Korea's per-capita gross domestic product (GDP) is expected to exceed $30,000 for the first time in 2015, a report showed Tuesday.

SEOUL (Yonhap) - The rate of indictments on those suspected of sexual crimes against children plunged in the past five years despite an increase in such cases, a report said Tuesday, leading to a c

SEOUL (Yonhap) - The foreign ministers of South Korea and Belgium held talks in Seoul on Tuesday on ways to increase cooperation in economic sectors as well as on regional and global issues, offici

SEOUL (Yonhap) - South Korean stocks traded 4.68 percent lower late Tuesday morning on worries that the Greek debt problem could turn into a global banking crisis, analysts said.

(ATTN: ADDS finance ministry official's comments in 5th, 12th paras)

SEOUL (Yonhap) - South Korean firms this year spent 10 times more on stake purchases from the year before as they have sought mergers and acquisitions (M&As) in the wake of economic turmoil, th

(ATTN: UPDATES with responses from Korean lawmakers, prime minister, more details in the last 8 paras; CHANGES dateline)
By Lee Chi-dong

SEOUL (Yonhap) - More than one-third of South Korea's savings banks have eroded their capital due to large bad debts, data showed Tuesday, raising concerns on their financial health and possible ba