KB News DeskFinance minister calls for vigilance against rising household debt
Finance Minister Choi Sang-mok said Thursday that the government will stay vigilant against surging household debt and double up on effort to manage it in a stable manner. Choi made…
Samsung produces industry’s first 1-terabit QLC 9th-gen V-NAND
Samsung Electronics, the world’s No. 1 memory chipmaker, said Thursday it has begun mass production of its one-terabit quad-level cell ninth-generation vertical NAND, solidifying its leadership in the high-capacity and…
S. Korean midfielder Son Jun-ho banned for life by China over match-fixing charges
South Korean football player Son Jun-ho was hit with a lifetime ban by the Chinese national football body Tuesday over match-fixing charges. According to Chinese media reports, Zhang Xiaopeng, a…
Multiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhere
Katseye, a multinational and multiethnic K-pop girl group formed by Hybe in collaboration with Geffen Records, kicked off its ambitious Asia promotion to broaden its reach. The six-member group consists…
BIS raises alarm on Korea’s surging household credit
The Bank for International Settlements has cautioned that South Korea’s expanding private sector credit is beginning to weigh on economic growth, with further increases posing additional risks. The Switzerland-based consortium…
US ups pressure on Korea to join China chip curbs
The US is ramping up pressure on South Korea to align with its export control measures against China, urging advanced chips like High Bandwidth Memory be provided only to allies.…
S. Korea coach thinking about nothing but victory over Oman in World Cup qualifier
South Korea head coach Hong Myung-bo said Monday he is bracing for a tough World Cup qualifying match against Oman away from home but he is not about to settle…
Hanwha, SK develop world’s 1st non-flammable ESS for ships
Hanwha Aerospace and SK Enmove announced Tuesday that they have developed the world’s first non-flammable energy storage system, or ESS, seeking to secure the lead in the eco-friendly maritime solution…
Minister pushes for inheritance tax overhaul
Ministry to propose tax bill in H1 2025 South Korea is set to overhaul its inheritance tax system next year, with the Finance Ministry preparing a bill to tax the…
S. Korea finishes Paris Paralympics with 6 gold medals
The Paris Paralympics have drawn to a conclusion, with South Korea having surpassed its gold medal target. South Korea finished the 12-day competition that ended Sunday in 22nd place with…
