Household loans extended by banks in South Korea rose for a fifth straight month in August, led by a record increase in mortgages, central bank data showed Wednesday.
Banks’ outstanding household loans came to 1,130 trillion won (US$844.2 billion) a…
South Korean stocks fell for the seventh consecutive session Wednesday led by foreign sell-off ahead of U.S. inflation data that could influence the Federal Reserve’s policy move next week. The Korean won traded higher against the U.S. greenback.
Th…
Today (%) Previous Session(%) Change (BP)
1-year TB 2.974 2.991 -1.7
2-year TB 2.930 2.956 -2.6
3-year TB 2.844 2.877 -3.3
10-year TB 2.969 3.010 -4.1
2-year MSB 2.940 2.953 -1.3
3-year CB (AA-) 3.419 3.451 -3.2
Source: Yonhap News Agency
Police are investigating 513 cases of deepfake sex crimes, a more than 70 percent jump in about 40 days, the National Police Agency said Wednesday.
The number, tallied as of Tuesday, compares with only 297 cases at the end of July.
Should the curre…
South Korean stocks traded lower late Wednesday morning ahead of key U.S. inflation data that would serve as a precursor to the Fed’s rate-setting decision next week.
The benchmark Korea Composite Stock Price Index had lost 7.67 points, or 0.3 perce…
The Supreme Court has upheld lower courts’ three-year prison term for the sister-in-law of football player Hwang Ui-jo on charges of exposing the footballer’s private life and blackmail, judicial officials said Wednesday.
The top court made the deci…
