Combined household loans from the five major banks surged by more than 3.6 trillion won ($2.6 billion) this month despite financial authorities’ ongoing efforts to curb the growth of household debt, according to industry officials, Sunday. Analysts attributed the rise to falling market interest rates that resulted in an increase in real estate transactions. The…
A civic group filed a complaint Monday against Chung Mong-gyu, president of the Korea Football Association (KFA), over the recent controversial hiring of Hong Myung-bo as the new men’s national team head coach. The civic group, which calls itself the People’s Livelihood Countermeasures Committee, said it submitted the complaint to the Seoul Metropolitan Police Agency,…
Korea has yet to win more than two medals in swimming at any single Olympics. Swimmers set to compete in Paris this summer believe they can top that total. Led by a pair of reigning world champions in Hwang Sun-woo and Kim Woo-min, the national swimming team departed for France on Tuesday. Hwang, the men’s…
After eight years, four tournaments and two finals, Gareth Southgate announced he was stepping down as England manager on Tuesday, saying it was “time for change.” Sunday’s 2-1 loss to Spain in the European Championship final proved to be his last game in charge of the national team. “As a proud Englishman, it has been…
With controversy surrounding the Korea Football Association (KFA)’s hiring of the new men’s national team head coach not dying down, both the sports ministry and the state-run Korea Sports Ethics Center have said they will investigate the national football body for any procedural issues. The KFA has been under fire since appointing Hong Myung-bo as…
Lee Hyun-joon, a college-aged rookie infielder for the Samsung Lions of the Korean Baseball Organization, is like an all-around player. He joined the Samsung Lions this season after playing at Bibongo and Hanyang University, and as of the 16th, he is batting 3-for-6 (37-for-117) with one home run, 16 RBIs, 22 runs scored, and four…
A top foreign pitcher with great baseball skills, a great fit with Korean culture, and a great relationship with his teammates. But it’s definitely not what it was at the beginning of the season. James Nail of the Kia Tigers is the best foreign pitcher in the first half of the KBO according to the…
Kim Kyung-moon leads the Korean Baseball Organization’s Hanwha Eagles to Changwon, where they will look for their first win against the NC Dinos. Hanwha will host the NC Dinos at Changwon NC Park on Sunday. The three-game series was originally scheduled to be played from the 16th to the 18th, but the game on the…
Outfielder Ye Ji-won, who was claimed off waivers from the Kiwoom Heroes, has found a new home with the KIA Tigers. The Kia Tigers officially announced the signing of Ye on July 17. “We decided to sign him based on his potential and growth,” a KIA official said, adding that he will help strengthen their…
Japan national soccer team fullback Yukinari Sugawara joins the Premier League promotion side to join the likes of Son Heung-min (Tottenham) and Hwang Hee-chan (Wolverhampton). Southampton officially announced the signing of Japanese full-back Sugawara on Thursday (July 14) via their official website. The contract is for four years until the summer of 2028. “Coming to…