deposit interest rates

Moody’s on Friday cut its view on KEPCO’s credit to the lowest investment grade, a move that could lead the rating agency to downgrade t...

South Korea is embroiled in a heated debate on a program to recruit domestic helpers from Southeast Asia at lower rates than those paid to their Kor...

South Korea in the first quarter posted a total fertility rate (TFR) of 0.81, the lowest in history for that quarter. Because the number of bir...

The Bank of Korea’s (BOK) decision on Thursday to keep its base rate steady at 3.50% does not signal the end of its one-and-a-half-year tighte...

A survey result indicates an increased interest in travel to Japan compared to pre-No Japan boycott levels, while interest in travel to China has pl...

South Korean banks are seeing loan delinquency rates surge due to the increase in lending during the pandemic and a series of rate hikes. The rates ...

South Korea’s SK Group and Hana Financial Group are jointly developing a next-generation credit rating model for the financially disadvantaged...

The Seoul Metropolitan Government will change the definition of multi-child families from those with three or more kids younger than 13 to household...

The South Korean won is underperforming most other currencies as Asia’s fourth-largest economy is gradually losing steam for long-term growth....

South Korean entrepreneurs are imposed heavy inheritance taxes of up to 60% to hand down wealth to their children, the highest level among Organizat...

Seoul is slated to welcome domestic helpers from Southeast Asia later this year to ease the burden of childcare and address issues surrounding Korea...

South Korea’s central bank chief on Wednesday said it is too early to suggest starting to cut interest rates as inflation remains above its ta...

The decline in consumption by 20-somethings due to benchmark interest rate hikes is over eight times greater than those in their 60s.Analysts blame ...

South Korea's expected inflation has hit a record low of 3.7% in 11 months in April 2023. While the consumer price index rose by 4.2% last month, wh...

South Korea’s government budget for tackling the nation's low birth rate has risen to 2.25% of GDP, but housing support accounts for a major p...

South Korea averted a recession as Asia’s fourth-largest economy rebounded more than expected in the first quarter on strong private consumpti...

Woori Financial Group, South Korea’s fourth-largest financial holding company, logged growth in a quarterly net profit as larger interest rate...

Hankook Tire & Technology Co., South Korea’s largest tire maker, will cut its workforce at the fire-hit production complex in Daejeon thro...

UK Premier League Tottenham Hotspur star forward Son Heung-min and two-way US MLB icon Shohei Ohtani, a designated pitcher and hitter for the Los An...

South Korea’s biopharmaceutical company GeneOne Life Science Inc. on Tuesday said it received a patent from the China National Intellectual Pr...

South Korea’s economy is unlikely to rebound in the second half as exports are expected to stay weak on the sluggish global semiconductor indu...

South Korea’s central bank chief on Tuesday defied market views that the monetary authority may have ended its tightening campaign, citing gro...

Korea Coal Corporation, a South Korean state-owned firm, is preparing to sell its Khotgor Shanaga coal mine in Mongolia, which it acquired in 2010...

South Korea’s central bank was widely expected to leave its policy interest rate unchanged this week as inflation slows amid fears of a recess...

Investors are readying their return to the stock market in South Korea, encouraged by the rosy outlook for secondary battery stocks, but more retail...

The significant fall in seaborne freight rates of late is expected to boost earnings prospects for South Korea’s major companies, benefitting ...

South Korea’s energy storage devices maker LS Materials Co. began the process for an initial public offering later this year as it aims to dev...

Korea Securities Depository announced on Wednesday that Clearstream, the operator of the International Central Securities Depository (ICSD), had obt...

HMM Co., formerly known as Hyundai Merchant Marine, announced on Thursday that it has received the "Gold" rating for environmental, social and gover...

LB Investment Inc., a venture capital firm associated with the LG founder's family, has achieved a remarkable competition rate of over 1,000 to 1 fo...