Banks S. Korea’s consumer sentiment slumps in August – data Nada Ali Aug 20, 2024 0 South Korea's Composite Consumer Sentiment Index (CCSI) weakened in August by 2.8 points to 100.8 from July.
International News S. Korea’s household credit up by $10.4b in Q2 – BOK Nada Ali Aug 20, 2024 0 South Korea's household credit increased by 13.8 trillion won ($10.4 billion) in the second quarter, reaching…
Banks S. Korean banks hike rates amid soaring household debt Nada Ali Aug 19, 2024 0 Major South Korean banks are set to increase lending rates this week, driven by concerns over a surge in household…
International News S. Korea plans to shift from CD rates to KOFR as benchmark Nada Ali Aug 13, 2024 0 South Korea is set to introduce new guidelines to encourage the adoption of the Korea Overnight Financing Repo rate…
International News S. Korea posts current account surplus of $12.26b in June Nada Ali Aug 7, 2024 0 South Korea’s current account registered a surplus of $12.26 billion in June, driven by a robust performance in the…
Real Estate S. Korea vows to curb household debt risks Nada Ali Jul 31, 2024 0 South Korea’s incoming financial regulator has pledged to closely monitor and manage risks associated with…
Banks Bank of Korea board divided on rate cut timing; minutes show Nada Ali Jul 30, 2024 0 South Korea's central bank policymakers was split on the timing of interest rate cuts.
International News S. Korea’s inflation eases to 11-m low in June Nada Ali Jul 2, 2024 0 South Korea's consumer inflation dropped to 2.4 per cent in June, an 11-month low, offering relief to policymakers…
International News S. Korea’s c. bank warns of renewed won weakness Nada Ali Jun 26, 2024 0 The Bank of Korea (BOK) expressed concerns about the Korean Won (KRW) facing downward pressure in its financial…
International News S. Korea’s job growth cools sharply in May Nada Ali Jun 12, 2024 0 South Korea's labour market growth decelerated significantly in May, with only 80,000 new jobs created compared to…