KoreaTimes - Economy

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Entertainment & Arts

SCMP
Asia

The Korea Times

Finance

Economy

Tue, May 30, 2023 | 19:02

Producer prices snap 3-month rise in April

Producer prices snap 3-month rise in April

Korea's producer prices ended three consecutive months of growth in April, as prices of agricultural products and utilities decreased, central bank data showed Thursday.

2023-05-25 09:56

Financial authorities to extend buying program of asset-backed commercial paper

Financial authorities to extend buying program of asset-backed commercial paper

The Financial Services Commission (FSC), the top financial regulator, is aiming to lower the risks of securities companies exposed to real estate project financing (PF), one of the biggest risks ...

Anna J. Park | 2023-05-24 16:56

Households pushed to pay debt on rate hikes, shrinking asset market

Households pushed to pay debt on rate hikes, shrinking asset market

Amid high interest rates and sluggish sentiment in the stock and real estate markets, fewer people are borrowing money and more people are trying to pay back loans. As a result, the nation's total household debt reported the largest quarterly decline between January and March.

2023-05-24 14:22

Korea's external debt down in Q1: BOK data

Korea's external debt down in Q1: BOK data

Korea's external debt declined in the first quarter of this year amid worries over mounting economic uncertainty, central bank data showed Wednesday.

2023-05-24 13:35

Foreign currency deposits down for 4th month in April on imports payment

Foreign currency deposits down for 4th month in April on imports payment

Foreign currency deposits fell for a fourth straight month in April on payments for imports and overseas direct investment, central bank data showed Wednesday.

2023-05-24 13:11

Korea vows to partner with World Bank to share expertise with developing nations

Korea vows to partner with World Bank to share expertise with developing nations

Korea wishes to expand cooperation with the World Bank by sharing its expertise in the climate and digital sectors, the finance minister said Wednesday.

2023-05-24 11:41

[INTERVIEW] Korea urged to brace for employment and consumption challenges posed by sluggish exports

INTERVIEWKorea urged to brace for employment and consumption challenges posed by sluggish exports

Out of the Korean economy's major macroeconomic risk factors - notably inflation, high interest rates, high foreign exchange rates and sluggish exports - Lee Yong-jae, president of the Korea Center for International Finance (KCIF), pointed out that the country's weakened exports could pose the biggest challenge..

Anna J. Park | 2023-05-24 08:38

Household credit shrinks at sharpest pace ever in Q1 amid high borrowing costs

Household credit shrinks at sharpest pace ever in Q1 amid high borrowing costs

Korea's household credit shrank at the sharpest pace ever in the first quarter of the year amid high interest rates driven by the central bank's monetary tightening to bring down inflation, data showed Tuesday.

2023-05-23 13:37

Cabinet approves new intra-affiliate trading rules

Cabinet approves new intra-affiliate trading rules

Korea's Cabinet passed a new regulation on Tuesday regarding intra-affiliate trading, which aims to reduce excessive regulations by lowering the trading volume ceiling that requires regulatory filing.

2023-05-23 11:49

Inflation expectations at 1 year low in May

Inflation expectations at 1 year low in May

Korea's inflation expectations fell to the lowest in a year in May on a slide in prices of petrochemical goods, a central bank survey showed Tuesday.

2023-05-23 09:21

1 2 3 4 5 6 7 8 9 10

Top 10 Stories

1	Korea eyes launch of 4th Nuri space rocket in 2025

2	Memorial Day 2023

3	Korea's household debt-to-GDP ratio highest among 34 major economies

4	Japanese destroyer flies controversial flag as it arrives in Korea for joint drill

5	Seoul on alert over Pyongyang's imminent spy satellite launch

6	Vietnam emerges as major market for Korean chipmakers

7	ANALYSISChina's ban on Micron tests Washington-Seoul alliance

8	Korea's diplomacy put to test amid signs of thaw in US-China relations

9	Top 20% of income earners fuel increase in Q1 consumption as pandemic ends

10	Local governments appeal to young generations through YouTube

DARKROOM