Household Debt Hits Record High
Written: 2021-11-23 14:05:45 / Updated: 2021-11-23 14:44:53
Household debt has yet again hit a new all-time high in the third quarter of this year. According to the Bank of Korea(BOK) Tuesday, the household ...
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10.8 Tln Won in Small Biz Assistance Earmarked Using Excess Tax Revenue
Written: 2021-11-23 11:33:12 / Updated: 2021-11-23 15:11:47
The government plans to use five-point-three trillion won in excess tax revenue toward providing financial support for small business owners ...
Auto Consumption Tax Cut Extended for 6 Months
Written: 2021-11-23 10:01:58 / Updated: 2021-11-23 10:28:54
The government has decided to extend the individual consumption tax cut for automobile buyers for another six months. Economy and Finance Minister ...
Growth of Inflation Expectations Hits Nearly 5-Year High
Written: 2021-11-23 09:45:18 / Updated: 2021-11-23 10:04:13
Inflation expectations grew at the steepest pace in nearly five years in November due to rising prices of oil and raw materials. According to ...
Consumer Sentiment Improves for Third Month in November
Written: 2021-11-23 08:30:53 / Updated: 2021-11-23 09:34:52
Consumer sentiment improved for the third consecutive month in November as the nation began to ease social distancing for a gradual transition ...
KOSPI Ends Monday Up 1.42%
Written: 2021-11-22 15:42:52 / Updated: 2021-11-22 16:44:05
The benchmark Korea Composite Stock Price Index(KOSPI) recovered ground and surpassed the three-thousand mark for the first time in 14 sessions ...
Eugene PE to Buy 4% Gov't Stake in Woori Financial Holdings
Written: 2021-11-22 15:08:48 / Updated: 2021-11-22 15:25:49
Eugene Private Equity will take over the government's four-percent stake in Woori Financial Holdings. The Financial Services Commission ...
US Asked to Reconsider Steel Tariffs Imposed under Trump Gov't
Written: 2021-11-22 14:42:09 / Updated: 2021-11-22 14:54:54
South Korea's trade minister says Seoul has issued a request for the U.S. to launch talks on revising U.S. steel tariffs implemented during the ...
Avg. Propensity to Consume Falls to New Low in Q3 Despite Improved Income
Written: 2021-11-22 13:37:34 / Updated: 2021-11-22 13:57:01
Despite household income expanding at the fastest pace on the back of government relief payouts and overall economic recovery, the average propensity ...
Hyundai Motor Group Pledges 46,000 New Jobs for Young People
Written: 2021-11-22 10:53:45 / Updated: 2021-11-22 15:43:50
Hyundai Motor Group has promised to create 46-thousand new jobs, including 30-thousand direct hires, over the next three years. Chairman Chung ...
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