#household credit
Finance
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#household credit
Household credit down for 1st time in decade amid rising borrowing costs
SEOUL, May 24 (Yonhap) -- South Korea's household credit shrank for the first time in about a decade in the first quarter of this year amid rising borrowing costs and tough lending rules, central b... 12:00 May. 24 -
#BOKBOK surely to raise key rate again this week amid inflation woes: poll related article
SEOUL, May 24 (Yonhap) -- Almost all market watchers expect the Bank of Korea (BOK) will raise its key interest rate this week to combat inflation and align with monetary tightening in major econom... 10:54 May. 24 -
#foreign banks
Foreign banks in S. Korea see profits down 4.5 pct in 2021
SEOUL, May 23 (Yonhap) -- Foreign bank branches in South Korea saw their combined net profit down 4.5 percent in 2021 due to a rise in securities-linked losses amid market downswings, data showed M... 12:00 May. 23 -
#asset bubbleMarket experts warn of asset bubble crash in S. Korea
SEOUL, May 23 (Yonhap) -- The collapse of an asset market bubble in South Korea could lead to a more dangerous situation than the crash of the country's information technology (IT) bubble in the ea... 11:05 May. 23 -
#foreigners-Korean stocks
Foreign selling reaches 15 tln won in S. Korea this year
SEOUL, May 22 (Yonhap) -- Foreign investors have sold nearly 15 trillion won (US$12 billion) worth of South Korean stocks this year through mid-May as they fled to safe haven assets amid growing st... 11:22 May. 22 -
#banks
Delinquency ratio on bank loans down in March related article
SEOUL, May 19 (Yonhap) -- The delinquency ratio on loans extended by banks in South Korea declined in March from a month earlier, the financial watchdog said Thursday. The delinquency ratio on b... 06:00 May. 19 -
#economic outlook(LEAD) KDI cuts 2022 growth outlook to 2.8 pct, ups inflation estimate to 4.2 pct related article
(ATTN: ADDS more details in paras 18, 26-27) By Kim Soo-yeon SEOUL, May 18 (Yonhap) -- The Korea Development Institute (KDI) on Wednesday lowered its 2022 growth forecast for the South Korean econo... 14:47 May. 18 -
#economic outlook
KDI cuts 2022 growth outlook to 2.8 pct, ups inflation estimate to 4.2 pct related article
By Kim Soo-yeon SEOUL, May 18 (Yonhap) -- The Korea Development Institute (KDI) on Wednesday lowered its 2022 growth forecast for the South Korean economy to a 2-percent range, while sharply raisin... 12:00 May. 18 -
#TerraUSD(LEAD) S. Korea looks into cryptocurrency market following TerraUSD, Luna crash related article
(ATTN: ADDS FSS chief's comments in last 2 paras, photo) SEOUL, May 17 (Yonhap) -- South Korea's financial authorities have launched "emergency" inspections into domestic cryptocurrency exchange op... 14:18 May. 17 -
#TerraUSD
S. Korea looks into cryptocurrency market following TerraUSD, Luna crash related article
SEOUL, May 17 (Yonhap) -- South Korea's financial authorities have launched "emergency" inspections into domestic cryptocurrency exchange operators to enhance investors' protection after the recent... 11:32 May. 17 -
#finance minister(3rd LD) BOK chief says he doesn't rule out 50-basis-point rate hike related article
(ATTN: UPDATES with more details in paras 6-9,14-19; TRIMS) By Kim Soo-yeon SEOUL, May 16 (Yonhap) -- South Korea's central bank chief said Monday he does not rule out the possibility of a 50-basis... 14:34 May. 16 -
#finance minister
(2nd LD) BOK chief says he doesn't rule out 50-basis-point rate hike related article
(ATTN: UPDATES with more details throughout; ADDS photo) By Kim Soo-yeon SEOUL, May 16 (Yonhap) -- South Korea's central bank chief said Monday he does not rule out the possibility of a 50-basis-po... 11:30 May. 16 -
Online lender K-Bank's net spikes in Q1
SEOUL, May 16 (Yonhap) -- South Korean online lender K-Bank said Monday its earnings shot up in the first quarter of the year on the back of a jump in interest income. Net profit stood at 24.5 b... 11:26 May. 16 -
#finance minister
(LEAD) S. Korea's central bank chief doesn't rule out 50-basis-point rate hike related article
(ATTN: RECASTS throughout with more details throughout; CHANGES headline; ADDS photo) SEOUL, May 16 (Yonhap) -- South Korea's central bank chief on Monday did not rule out the possibility of a 50-b... 10:00 May. 16 -
#finance minister
Finance minister, central bank chief see eye to eye on policy coordination related article
SEOUL, May 16 (Yonhap) -- South Korea's finance minister and the central bank chief on Monday stressed the need for close policy coordination as the country's economy faces heightened uncertainty a... 08:14 May. 16 -
#finance minister-consumer pricesGov't to prioritize stabilization of rising product prices
SEOUL, May 15 (Yonhap) -- Finance Minister Choo Kyung-ho said Sunday the government will make it a top priority to stabilize rising product prices fueled by the Russia-Ukraine war and other externa... 16:15 May. 15 -
#financial ministerFinance minister, BOK chief to meet Monday
SEOUL, May 13 (Yonhap) -- Finance Minister Choo Kyung-ho and Bank of Korea Governor Rhee Chang-yong will meet next week to discuss the economic situation and coordinate their policies, the finance ... 18:28 May. 13 -
#headlines
Top headlines in major S. Korean newspapers
SEOUL, May 13 (Yonhap) -- The following are the top headlines in major South Korean newspapers on May 13. Korean-language dailies -- DP expels three-term lawmaker Park Wan-joo over sexual miscondu... 07:05 May. 13 -
#M2 money supply
Money supply in March drops for 1st time in over 3 years
SEOUL, May 12 (Yonhap) -- South Korea's money supply shrank for the first time in more than three years in March, as rising interest rates drove down money flows into debt markets, central bank dat... 12:00 May. 12
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U.S.-led IPEF outweighs China-involving RCEP in population, GDP -
(LEAD) Yoon says S. Korea committed to supply chain resilience under IPEF -
BOK surely to raise key rate again this week amid inflation woes: poll -
Yoon calls for right mix of nuclear power, renewable energy, natural gas -
Market experts warn of asset bubble crash in S. Korea
News Focus
Market
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S. Korean firms in delicate balancing act over U.S. economic framework -
(News Focus) BOK expected to seek further rate hikes but place more weight on growth: experts -
Yoon to seek small gov't stance to spur economic growth -
Having passed major regulatory hurdle for Intel deal, SK hynix eyes economies of scale, sharper competitive edge -
Pandemic, election to put pressure on 2022 economic policy implementation
