S. Korea’s interest rates fall to 3.41% in July – BOK
South Korea's average interest rate on new deposits stood at 3.41 per cent in July 2024, marking a decrease of 10…
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South Korea
S. Korea’s foreign securities investment up 2.1% in Q2
South Korea's institutional investment in foreign securities rose a 2.1 per cent increase in June quarter from the…
S. Korea’s banks see rise in SBLs in Q2
South Korea's domestic banks reported an increase in the ratio of loans classified as substandard or below (SBLs)…
S. Korean banks’ capital ratios remain strong in Q2 – data
South Korea's domestic banks continued to maintain robust capital positions in the second quarter of 2024.
S. Korea’s retail sales grow by 6.3% in July
South Korea's retail sales grew by 6.3 per cent in July, driven by robust online sales of food and daily…
S. Korea exports grow for 10 straight months
South Korea has recorded its 10th straight month of export growth, totalling $392.5 billion, a 9.8 per cent…
S. Korea proposes 3.2% increase for ’25 budget
South Korea's Ministry of Economy and Finance has proposed a 3.2 per cent increase in the 2025 budget to 677.4…
S. Korea’s overseas card spending up in Q2 ’24
South Korean residents' overseas spending using credit and debit cards remained consistent in the second quarter of…
S. Korea’s construction contracts decline in ’23
South Korea's construction contracts totalled 298 trillion won ($224.2 billion) in 2023, down 12.1 percent from the…
S. Korea senior citizen employment surges
The number of jobs held by senior citizens in South Korea hit a record high this year due to the country's rapidly…
