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A court has rejected a bankruptcy appeal by the Motion Picture Association of Korea, throwing the future of the Daejong International Film Awards in doubt.
The business structure of Korean banks, heavily criticized up until a week ago, is cushioning the side effects of the worst collapse of a U.S. lender in more than a decade.
The instability in the crypto market is devastating young punters in their 20s and 30s who took out excessive loans in the hopes of making their fortunes.
Eastar Jet’s pilot union on Tuesday requested the cash-strapped airline file for court receivership and withdraw its plan to lay off more than 600 employees.
With the collapse of global air travel, ticket holders are demanding refunds. Many are out of luck and out of money, as some airlines are bankrupt and others are stalling for time.
Korea JoongAng Daily Sitemap