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Korea says no big impact from US decision to reduce bond holdingsSept 21, 2017South Korea said Thursday that the Federal Reserve's decision to trim its balance sheet is likely to have a limited impact on Asia's fourth-largest economy. "I don't think the Fed's decision will ha... -
Korea offers financial assistance for struggling companies in ChinaSept 21, 2017South Korea will provide financial assistance and an insurance package for local companies suffering from losses in China due to anti-Korean sentiment and regulatory hurdles, the trade ministry said ... -
Korea, India to hold talks on trade deal improvementSept 20, 2017South Korea and India will hold a new round of talks on the improvement of a bilateral trade deal in Seoul this week, the commerce ministry here said Wednesday. The third-round meeting to improve th... -
![[Monitor] Household debt surges 55.3% in 5 years](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/09/20/20170920000986_0.jpg)
[Monitor] Household debt surges 55.3% in 5 yearsSept 20, 2017The amount of household debt in South Korea has surged by 55.3 percent in five years, according to data given by relevant authorities including the Financial Services Commission, the Financial Superv... -
Korea’s ‘4th industrial revolution’ development lags behind US, EU, Japan: reportSept 20, 2017Technology and investments related to Korea’s competitiveness in the “fourth industrial revolution” is far behind other advanced countries such as the United States, Japan and Europe, according to th... -
Monthly leases account for more than 60% of Korea's housing rental system in 2016: reportSept 20, 2017Monthly lease agreements accounted for more than 60 percent of South Korea's housing rental market last year as fewer people opt for the so-called "jeonse" system, a report showed Wednesday. Accordi... -
Korean biz survival rate lower than EUSept 20, 2017South Korean small and medium enterprises have a lower survival rate than their European Union counterparts with some 6 out of 10 surviving more than one year and less than 30 percent past five years... -
Credit card app makes it easier to go DutchSept 19, 2017Splitting the bill is set to become easier, as South Korea’s financial watchdog is set to introduce a system that allows people to use just one credit card to divide the bill. After meeting with the... -
Korea inks MOU with AfDB on 2018 annual meeting in BusanSept 19, 2017The South Korean government said Monday that it signed a memorandum of understanding with the African Development Bank on preparations for the institutions’ annual meeting to be held in a city of Bus... -
Korea's export growth fastest among top 10 exportersSept 19, 2017South Korea's exports grew at the fastest pace among the world's top 10 exporters, data by the World Trade Organization showed Tuesday, thanks to brisk sales of semiconductors and petrochemical produ... -
BOK says prices of agricultural products up 14.2% in Aug.Sept 19, 2017Prices of agricultural products rose 14.2 percent in August from a month earlier as rains and a heat wave have reduced the output of agricultural products, central bank data showed Tuesday. The mont... -
US trade representative heralds renegotiation of Korea trade dealSept 19, 2017WASHINGTON -- US Trade Representative Robert Lighthizer said Monday that a renegotiation is in order for trade agreements that lead to growing trade deficits, a remark indicative of his stance on the... -
Banks urged to tighten home loan screening to slow household debtSept 19, 2017The nation's top financial regulator on Tuesday urged banks to tighten their screening of home loan applications to help slow the growth of household debt. South Korea tightened lending rules for mo... -
![[Monitor] SMEs anticipate financial problems during Chuseok](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2017/09/18/20170918001190_0.jpg)
[Monitor] SMEs anticipate financial problems during ChuseokSept 18, 2017Nearly half of surveyed small and medium-sized enterprises anticipate financial problems during the 10-day holiday that includes Chuseok in early October, according to the Korea Federation of Small a... -
Household debt tops W1,400tr in July: lawmakerSept 18, 2017South Korea's household debt jumped 9 percent in July from a year earlier, a lawmaker said Tuesday, despite the government's tightened lending rules. The country's overall household debt came to 1,4...
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