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Sun, September 25, 2022 | 21:25
Government to encourage private sector to bring back overseas financial assets
Economy
Government to encourage private sector to bring back overseas financial assets
The government is considering possible measures to encourage the private sector to bring back financial assets that are outside of Korea, worth over $700 billion in net value, as part of efforts to put the brakes on the Korean currency's sharp depreciation against the dollar.
2022-09-25 16:51
Won-dollar rate feared to rise to 1,500 level by year-end
Economy
Won-dollar rate feared to rise to 1,500 level by year-end
The Korean currency may sink as low as 1,500 won per dollar by the end of 2022, after it breached key psychological barriers repeatedly this year and plummeted below the 13-year low of 1,4...
2022-09-25 16:50
Bank loan interest rates could reach 14-year high, raising household debt burden
Economy
Bank loan interest rates could reach 14-year high, raising household debt burden
With the U.S. Federal Reserve taking giant rate hike steps three consecutive times in a row, local banks' housing loan interest rates are fast approaching a 14-year high - by the end of th...
2022-09-25 15:41
Korea preparing 'several' measures to stabilize financial markets: finance minister
Markets
Korea preparing 'several' measures to stabilize financial markets: finance minister
2022-09-25 19:36
Korea vows steps to stabilize bond market over growing volatility
Economy
Korea vows steps to stabilize bond market over growing volatility
2022-09-23 17:53
Seoul stocks crash to yearly low amid deepening recession fears
Markets
Seoul stocks crash to yearly low amid deepening recession fears
2022-09-23 17:24
BOK, state pension fund to open currency swap line to ease dollar demand in market
Economy
BOK, state pension fund to open currency swap line to ease dollar demand in market
2022-09-23 17:20
Web 3.0, decentralized finance, smart contracts to reshape blockchain
Cryptocurrency
Web 3.0, decentralized finance, smart contracts to reshape blockchain
2022-09-23 16:35
Korea posts trade surplus of intellectual property right in H1
Economy
Korea posts trade surplus of intellectual property right in H1
2022-09-23 14:13
UAE begins operations of Korean-built No. 3 nuclear reactor
Companies
UAE begins operations of Korean-built No. 3 nuclear reactor
2022-09-23 11:31
Producer prices drop in Aug. for 1st time in nearly 2 years
Economy
Producer prices drop in Aug. for 1st time in nearly 2 years
2022-09-23 10:20
Seoul's stocks down, currency dips to over 13-yr low following Fed's rate hike
Markets
Seoul's stocks down, currency dips to over 13-yr low following Fed's rate hike
2022-09-22 20:23
FSS probe found $7.22 bil. involved in abnormal overseas money transfers
Economy
FSS probe found $7.22 bil. involved in abnormal overseas money transfers
2022-09-22 17:58
Won-dollar rate soars to 1,409.7 on Fed rate hike
Markets
Won-dollar rate soars to 1,409.7 on Fed rate hike
2022-09-22 17:08
UDC 2022 kicks off in Busan with focus on blockchain
Cryptocurrency
UDC 2022 kicks off in Busan with focus on blockchain
2022-09-22 16:58
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top 10 stories
  • 1Korean deaf LGBT activists create new signs to express identities with pride
  • 2Discord over rest area food prices prompts Korea Expressway Corp. CEO to resign
  • 3Government considers easing additional COVID-19 measures
  • 4Yoon faces mounting calls to replace national security team
  • 5[ANALYSIS] Why COVID-19 spread continues despite 97% antibody rate among population
  • 6Military parade during Joseon Dynasty
  • 7Bank loan interest rates could reach 14-year high, raising household debt burden
  • 8Won-dollar rate feared to rise to 1,500 level by year-end
  • 9Gender ministry backtracks on plan to legally recognize alternative families
  • 10North Korea fires ballistic missiles as US aircraft carrier prepares for drills with South Korea
DARKROOM
  • Mourners pay respects to Queen Elizabeth II

    Mourners pay respects to Queen Elizabeth II

  • Millions in need of aid as floods hit Pakistan

    Millions in need of aid as floods hit Pakistan

  • Our children deserve the best

    Our children deserve the best

  • Ice is melting, land is burning

    Ice is melting, land is burning

  • Tottenham 6-3 Team K League

    Tottenham 6-3 Team K League

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