Household Loans from Five Major Banks Extend Growth Streak for Ninth...
SEOUL, Feb. 1 (Korea Bizwire) – Household loans extended by five major lenders in South Korea rose for the ninth consecutive month in January with the rate of increase also quickening from a month...
View ArticleKorea Exchange to List Samsung Asset Management’s First Obesity...
SEOUL, Feb. 9 (Korea Bizwire) –The Korea Exchange announced on February 8 that it will list Samsung Asset Management’s KODEX Global Obesity Treatment TOP2 Plus Exchange Traded Fund (ETF) on the stock...
View ArticleForeign Investors Increase Holdings in South Korean Stocks Amid Rally
SEOUL, Feb. 11 (Korea Bizwire) – Foreign investors have been active in the South Korean stock market over the past two weeks, contributing to the recent rally in the main KOSPI index, data showed...
View ArticleTop 0.1% of Wage Earners in Seoul Averaged 1.4 Billion Won in 2022
SEOUL, Feb. 11 (Korea Bizwire) – The top 0.1 percent of wage earners in Seoul made an average of 1.4 billion won (US$1.05 million) in 2022, triple the amount earned by the same cohort in Gangwon...
View ArticleMicrosoft Surpasses Tesla as Top Overseas Stock Gifted by South Korean...
SEOUL, Feb. 12 (Korea Bizwire) –Amidst strong performance in the technology sector that has propelled the U.S. stock market to new heights, Microsoft has emerged as the most popular overseas stock...
View ArticleForeign Investors Continue Purchasing Korean Stocks for Third Consecutive...
SEOUL, Feb. 13 (Korea Bizwire) – Foreign investors scooped up Korean stocks in January for the third consecutive month on the back of hopes for a recovery in the chipmaking sector, central bank data...
View ArticleRecord Surge in Reverse Mortgage Applications Amid Falling House Prices
SEOUL, Mar. 4 (Korea Bizwire) – As predictions of declining real estate values gain momentum, the scale of reverse mortgage guarantees in South Korea is set to hit an all-time high this year, signaling...
View ArticleSouth Korea Launches Campaign to Help Workers Recover Over 110 Billion Won in...
SEOUL, Mar. 5 (Korea Bizwire) –The South Korean government and financial institutions have initiated a campaign to assist employees in reclaiming unclaimed retirement pensions, which have accumulated...
View ArticleSouth Korea Surpasses Japan in Wage Trends Over Two Decades: Analysis
SEOUL, Mar. 17 (Korea Bizwire) – A fresh analysis reveals that wages in South Korea now surpass those in Japan across both major corporations and smaller enterprises, marking a significant shift over...
View ArticleFinance, Health Care and Real Estate Lead Decade of Service Industry Growth...
SEOUL, Apr. 8 (Korea Bizwire) – As South Korea’s economy continues its transition toward a service-based model, a handful of industries like finance, health care and real estate have emerged as...
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