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15 hours ago · ②: ( ) If the Bank of Korea cuts its benchmark interest rate ahead of the United States, the interest rate gap between Korea and the United States (3.5% in Korea and 5.5% in the United States) could widen. This is the cause of the outflow of funds and becomes a factor of macroeconomic instability.
15 hours ago · Tanzania and Ethiopia have announced significant loan agreements with South Korea, amounting to billions of dollars, as part of broader deals that will facilitate South Korea’s access to Africa’s crucial mineral resources and burgeoning export market. The announcements come during the South Korea-Africa summit, where South Korea is hosting ...
15 hours ago · Pictured are apartments in Seoul undergoing reconstruction on Monday. Housing prices are at a record high in six of Korea's 17 metropolitan municipalities including Seoul and Busan, according to data from Woori Bank's asset management consulting center published Monday. A house buyer on average would need to pay 100 million won ($72,500)
15 hours ago · Woori Bank recorded the largest on-year increase, with a 7 percent rise in average salary. Kookmin and NongHyup saw increases of 4.78 percent and 4.38 percent, respectively, while Hana's salaries ...
4 hours ago · Data out on Friday corroborated evidence that spending kicked off the second quarter on a soft note. Personal consumption rose just 0.2% in April from the previous month, and was actually down ...
15 hours ago · Korea's Kospi surged 1.49 per cent, Japan's Nikkei rose 1.13 per cent, and Australia's ASX200 gained 0.82 per cent. In the US, the Dow Jones and SP 500 closed 1.51 per cent and 0.80 per cent higher, respectively, though the Nasdaq saw a slight decline.
15 hours ago · Ruto & AfDB President make lady's birthday unforgettable at 35,000ft in the air. Tolani Alli: Being celebrated by two presidents 35,000ft in the air. Blessed and humbled. President William Ruto departed Kenya on Sunday evening, en route to Seoul, South Korea, to attend the Korea-Africa Summit. The summit aims to bolster diplomatic and economic ...
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Plan Your Savings Against Inflation. Protect Your Money and Savings. Explore Top Accounts. See the Nation's Top Bank Savings and Money Market Accounts
