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Economy

BOK Chief Stresses Caution on Interest Rate

Written: 2018-03-15 11:08:53Updated: 2018-03-15 13:03:53

Bank of Korea Governor Lee Ju-yeol has dismissed projections of a sooner-than-expected interest rate hike with him set to serve a second term.  Lee ...

Economy

KDB Launches Due Diligence on GM Korea

Written: 2018-03-14 18:07:38Updated: 2018-03-14 18:42:03

The Korea Development Bank(KDB) has begun due diligence on General Motors(GM) Korea to decide whether to provide financial support to the company. KDB ...

Economy

KOSPI Closes 0.34% Lower on Wednesday

Written: 2018-03-14 15:47:04Updated: 2018-03-14 15:53:36

The benchmark Korea Composite Stock Price Index(KOSPI) on Wednesday fell eight-point-41 points, or point-34 percent, closing the day at two-thousand-486-point-08. The ...

Economy

Household Debt Growth Slows in February

Written: 2018-03-14 15:37:20Updated: 2018-03-14 15:56:21

Total household debt in South Korea increased by more than three trillion won last month, but its pace of growth has slowed from a year earlier.  According ...

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