(ATTN: ADDS more info in last 3 paras)
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 c...
14:22 May. 24
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
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
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
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
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
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
(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
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
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
(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
(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
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
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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
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
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
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
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
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