Economy
No. of newlyweds up 33% in July due to housing assistance, cash benefits
Nearly 19,000 couples got married in July, up 32.9 percent from the previous year, government data showed Wednesday.
Sep 25, 2024
Lee Kyung-min
Korea Times AI content 2 team Reporter
Value context and insight. lkm@koreatimes.co.kr
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Economy
Timely financial risk management takes priority: BOK's dovish rate-setter
The long-awaited monetary easing continues to be delayed, eclipsed by the more imminent need to contain the rapid buildup in household debt and housing prices since June, according to a dovish member of the central bank’s key rate-setting board, Wednesday.
Sep 25, 2024
Economy
Mirae Asset Securities named best brokerage in Korea by Euromoney
Mirae Asset Securities has been named the best brokerage service provider in Korea by Euromoney this year, the firm said Monday.
Sep 23, 2024
Economy
Shares of Young Poong Precision, Korea Zinc's crown jewel, skyrocket amid buyout battle
Win at all costs
Sep 20, 2024
Economy
Korea's debt-to-GDP ratio hits record high of 45.4%
The government debt-to-GDP ratio in Korea reached an all-time high of 45.4 percent as of the end of March, according to data from the Bank for International Settlements (BIS), Friday.
Sep 20, 2024
Economy
Fed's big cut spurs expectations of BOK easing next month
The possibility of the Bank of Korea (BOK) initiating an easing cycle next month is increasing, buoyed by the U.S. Federal Reserve's (Fed) recent rate cut of 50 basis points, market watchers said Thursday.
Sep 19, 2024
Economy
Samsung ETFs lose luster due to bleak chip outlook
About 160 billion won ($120 million) in Samsung Group-themed exchange-traded funds (ETFs) have been drained over the past two weeks, gripped by fears of a dent in corporate earnings in the third quarter, market watchers said Wednesday.
Sep 19, 2024
Economy
Are retail Korean treasury bond investments losing steam?
The retail investor-exclusive 10-year and 20-year Korea Treasury Bonds (KTBs) have failed to meet the minimum subscription for the fourth consecutive month, strained by an overall downtrend in bond yields amid expectations of monetary easing by the central banks of the United States and Korea, according to market watchers Wednesday.
Sep 18, 2024
Economy
Petconomy thrives as owners lavish love on furry friends
“I spend at least 500,000 won ($373) on my dog every month, but I have never thought of it as a waste,” said a dog owner in her 30s surnamed Kim. “It has been and will continue to be my pleasure as long as I’m blessed to spend time with her.”
Sep 17, 2024