General

Banks’ rate for fresh loans edges down in June

The average lending rate of major banks in South Korea dropped from a month earlier in June, data showed Monday.

COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, came to 3.52 percent last month, down 0.04 percentage po…

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(EDITORIAL from Korea JoongAng Daily on July 15)

Former U.S. President and Republic candidate Donald Trump was shot during a campaign rally in Butler County, Pennsylvania, on Saturday. The FBI has identified the man who attempted to assassinate Trump as 20-year-old Thomas Matthew Crooks. Trump was …

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