Day: July 12, 2024

Capital adequacy ratio of insurance firms falls in Q1

The capital adequacy ratio of South Korean insurance companies deteriorated in the first quarter of the year, data showed Friday.

The average capital adequacy ratio of insurance firms stood at 223.6 percent as of end-March, down 8.6 percentage point…

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Sales of derivative-linked securities fall in Q1

Sales of derivative-linked securities in South Korea dropped from three months earlier in the first quarter, data showed Friday, amid concerns over heavy losses for derivative products tracking Chinese stocks.

The combined value of equity-linked sec…

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Yoon meets new British PM on sidelines of NATO summit

President Yoon Suk Yeol congratulated new British Prime Minister Keir Starmer on taking office during their talks on the sidelines of the North Atlantic Treaty Organization (NATO) in Washington on Thursday.

Yoon had his first meeting with Starmer, w…

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Full text of S. Korea-U.S. summit in Washington

The following is the full text of a joint statement adopted during a summit between President Yoon Suk Yeol and U.S. President Joe Biden on the sidelines of the North Atlantic Treaty Organization summit in Washington on Thursday.

Joint

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