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News
Household loans fall as banks maintain tight lending rules: data
1+ week, 1+ day ago (231+ words) SEOUL, Sept. 6 (Yonhap) -- Household loans by major banks fell for the first time in six months in September...Outstanding household loans at five major lenders -- KB Kookmin Bank, Shinhan Bank, Hana Bank, Woori...The five major lenders are said to…...
Twosome Place to enter U.S. market in Oct. for 'next phase of growth"
1+ week, 4+ day ago (192+ words) Twosome Place said Thursday it will enter the U.S. market next month, marking its first move into a major...The company aims to expand into other major U.S. cities after establishing a presence in the DMV area...and become a "major brand…...
S. Korea to monitor impact of rising bond yields around globe
3+ week, 3+ day ago (230+ words) Yonhap) -- South Korea will closely monitor its government bond market amid rising long-term yields in major...fiscal spending and uncertainties stemming from the Middle East, long-term government bond yields in major..."However, considering geopolitical tensions in the Middle East and…...
KB Financial selects seasoned financier as candidate for next chief
3+ day, 1+ hour ago (128+ words) SEOUL, Sept. 11 (Yonhap) -- KB Financial Group Inc., a major South Korean banking group, s......SEOUL, Sept. 11 (Yonhap) -- KB Financial Group Inc., a major South Korean banking group, said Friday...
LG opens Middle East's first B2B AI home experience space in Saudi Arabia
6+ hour, 27+ min ago (175+ words) SEOUL, Sept. 14 (Yonhap) -- LG Electronics Inc., a major South Korean home appliance maker, said Monday...showroom for its B2B business in the Middle East and Africa, and expand its customer outreach to other major...
U.S. pressing Seoul to expand investment beyond promised US$350 bln: lawmaker
6+ day, 2+ hour ago (219+ words) latest round of negotiations held on the $200 billion investment package, the U.S. focused on three major..."Negotiators are making last-minute adjustments on whether to invest in only two out of the three major...
Seoul city to spend 86.1 tln won to become 'global top 3' city by 2030
4+ day, 9+ hour ago (207+ words) government's plan focuses on improving people's quality of life and adopting new technologies through 100 major...The index evaluates cities based on six major indicators -- economy, research and development, cultural...
S. Korea stresses growth, fiscal soundness during talks with Moody's
6+ day, 5+ hour ago (236+ words) successful issuance of foreign exchange stabilization bonds, with Moon noting strong participation from major...investors, including central banks of major economies and international organizations....
Industry ministry seeks record budget to fund manufacturing AI transition, megaprojects
1+ week, 6+ day ago (251+ words) budget for next year to support the adoption of artificial intelligence (AI) in manufacturing and fund major...Some 3.73 trillion won will be allocated to the manufacturing AI transition and the three major projects...
KOSPI gains
2+ week, 6+ day ago (64+ words) Seoul shares ended higher, as investors awaited major corporate earnings results this week, including...