KoreaTimes - Finance

The Korea Times

The Korea Times

The Korea Times

Thu, December 7, 2023 | 23:34

Low-income households struggle with heavier debt

Low-income households struggle with heavier debt

Debt held by income earners in the bottom 20 percent grew much faster than the country's top income earners' borrowings over the past year, data showed Thursday. A total of 14.9 percent of the total population in the same period made less than the country’s median income, up 0.1 percentage points.

2023-12-07 16:46

Financial soundness of savings banks under scrutiny over rise in delinquency rates

Financial soundness of savings banks under scrutiny over rise in delinquency rates

The Financial Supervisory Service (FSS) has launched on-site inspections regarding the soundness of domestic savings banks, as many of them are showing signs of an increase in delinquency ...

2023-12-07 16:12

Trade minister bets on semiconductors, shipbuilding, cars for 2024

Trade minister bets on semiconductors, shipbuilding, cars for 2024

The trade ministry is betting on the semiconductor, shipbuilding and car industries to maximize the country's exports in 2024, its minister said Wednesday.

2023-12-07 16:00

Oil prices expected to fluctuate over China slowdown, supply-demand mismatch

Oil prices expected to fluctuate over China slowdown, supply-demand mismatch

2023-12-07 16:46

Naver Pay expands to 65 countries, regions with UnionPay partnership

Naver Pay expands to 65 countries, regions with UnionPay partnership

2023-12-07 16:06

Korea spends over $84.6 bil. on R&D in 2022: science ministry

Korea spends over $84.6 bil. on R&D in 2022: science ministry

2023-12-07 14:11

Household owes more than $68,260 in debt in 2023: data

Household owes more than $68,260 in debt in 2023: data

2023-12-07 13:29

Korean economy shows signs of gradual recovery: KDI

Korean economy shows signs of gradual recovery: KDI

2023-12-07 13:23

Citibank Korea hosts summit for digital corporate clients

Citibank Korea hosts summit for digital corporate clients

2023-12-07 11:35

Korea to support corporate emergency urea imports over China's export halt: industry minister

Korea to support corporate emergency urea imports over China's export halt: industry minister

2023-12-07 11:16

Scholar's decades-long expertise serves as inspiration for Korea's future FDI

Scholar's decades-long expertise serves as inspiration for Korea's future FDI

2023-12-07 10:53

Foreign investors turned to net buyers of Korean stocks in November

Foreign investors turned to net buyers of Korean stocks in November

2023-12-07 09:35

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

2023-12-07 08:17

KB Financial hosts HUB Day to foster startups

KB Financial hosts HUB Day to foster startups

2023-12-06 17:15

Real estate project financing poses biggest risk to Korean economy in 2024: S&P, NICE

Real estate project financing poses biggest risk to Korean economy in 2024: S&P, NICE

2023-12-06 16:48

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