Credit card delinquency rate hits decade-high in South Korea

Credit card delinquency rate hits decade-high in South Korea

Getty Images Bank SEOUL, March 19 (AJP) - The delinquency rate for credit card companies in South Korea climbed to its highest level in a decade last year, as tightening bank loan regulations and worsening economic conditions placed additional strain on borrowers. The Financial S

US biotech firms urge Korea to ease restrictions on modified crops

US biotech firms urge Korea to ease restrictions on modified crops

Getty Images Bank SEOUL, March 19 (AJP) - U.S. biotechnology companies are pressing South Korea to revise its laws governing living modified organisms (LMOs), arguing that the country’s approval process for agricultural imports is overly stringent and lacks transparency. Th

Activists urge referral of North Korean leader to international criminal court

Activists urge referral of North Korean leader to international criminal court

SEOUL, March 19 (AJP) - Human rights groups called for North Korea to be held accountable for human rights violations and other alleged crimes against humanity at a forum in Geneva earlier this week.