Day: October 11, 2024

Household loans extended by banks in South Korea rose for a sixth straight month in September, led by an increase in mortgages, central bank

Household loans extended by banks in South Korea rose for a sixth straight month in September, led by an increase in mortgages, central bank

Finance Minister Choi Sang-mok said Friday he respected and welcomed the central bank’s decision to lower interest rates.

Choi made the comment during a

Today (%) Previous Session(%) Change (BP)

1-year TB 2.847 2.866 -1.9

2-year TB 2.936 2.982 -4.6

3-year TB 2.919 2.962 -4.3

10-year TB 3.060

The Bank of Korea (BOK)’s first interest rate cut in 38 months highlighted the urgent need for South Korea to ease interest burdens on

South Korean stocks rose late Friday morning as the Bank of Korea (BOK) cut its key rate for the first time in more than

North Korea said Friday a new defense cost-sharing deal between South Korea and the United States is a product of Washington’s “sinister” scheme to

Lotte Shopping Co., an affiliate of South Korean retail giant Lotte Group, said Friday it is targeting to achieve 20 trillion won (US$14.8 billion)