September 29, 2024

Credit card loans hit record high this year: data

Credit card loans have risen sharply to reach an all-time high this year as banks have tightened lending and small businesses have suffered financial difficulties amid weak domestic demand, officials said Sunday.

Loans extended by eight major credit…

Padres’ Kim Ha-seong to undergo season-ending shoulder surgery

The San Diego Padres have announced their South Korean shortstop Kim Ha-seong will undergo season-ending shoulder surgery, which will rule him out for their postseason push as well.

Before the Padres faced the Arizona Diamondbacks at Chase Field in …

S. Korea, China FMs signal Yoon-Xi summit during APEC in November

The top diplomats of South Korea and China agreed to continue high-level meetings between the two countries on the margins of multilateral gatherings, the foreign ministry said Sunday, signaling a summit between President Yoon Suk Yeol and Chinese Pr…

Banks’ household loans inch down amid tightening efforts

Despite banks’ move to tighten household lending, home-backed loans fell a mere 5 percent on-month in September from a record high level a month earlier, data showed Sunday.

The daily average amount of new mortgages extended by five major lenders ca…