Korea Times AI content 2 team Reporter
Value context and insight. lkm@koreatimes.co.kr
The number of home-backed non-performing loans referred for public auctions nearly quadrupled last year, due to sustained high borrowing rates brought on by rapid monetary tightening after the pandemic, data showed Thursday. A loan is non-performing if interest payments are 90 days past due and therefore considered unlikely to be repaid.
Non-fungible tokens (NFTs), a type of blockchain-mediated digital asset, are emerging as a viable deterrent to ticket scalping enabled by macros, in what the ruling party has characterized as a key election issue tied closely to the public interest ahead of the April 10 general elections.
Investors of Japan's stocks are enjoying handsome returns, as aided and buoyed by Japan's Nikkei stock index breaking a record-high for four consecutive days, market watchers said Wednesday. This is in contrast to those holding derivatives that are tied to the performance of the country's wildly depreciated currency, the yen.
A revision of tax policies scheduled for the latter half of the year is expected to come into greater focus, prompted largely by the disappointing announcement of the Corporate Value-up Program, market watchers said Tuesday.
An electronic board shows Bitcoin trading at over 77 million won ($55,000) on local crypto exchange Bithumb in Seoul, Tuesday. The price jumped 6.42 percent from 24 hours earlier. The last time Bitcoin surpassed the $55,000 level was in November, 2021. Yonhap
The country’s top four financial groups are expected to register at least 2 trillion won worth of ($1.5 billion) combined unrecoverable loans, buffeted by soaring delinquency rates due to high borrowing costs, data showed Tuesday.
Older Koreans are much less satisfied with life than young Koreans, a study showed Friday.
Go Young-ha is an influencer and the CEO of Basil Club, an online platform of mega-influencers, goods manufacturers with excellent taste and consumers.