South Korea's inflation drops below 2%, sparking calls for a ...
WEB5 days ago — Lee Jae-eun. Published 2024.10.02. 17:11. South Korea’s headline inflation cooled in September, falling below the central bank’s 2% target for the first time since March 2021. Experts cite lower oil prices and weakening demand as factors contributing to easing inflation, raising expectations of an interest rate cut in October.
Prosecution clears first lady in luxury bag scandal, but ...
WEB4 days ago — The prosecution has cleared Kim Keon-hee, wife of President Yoon Suk-yeol, of all charges related to allegations that she accepted a luxury handbag from a Korean American pastor. The decision, made on Oct 2., comes nearly 10 months after an undercover video related to the case was released last November, concluding the …
Editorial: Regulatory barriers keep S. Korean companies from ...
WEB21 hours ago — Editorial: Regulatory barriers keep S. Korean companies from returning home. By The Chosunilbo. Updated 2024.10.07. 09:18. 00:00. 02:35. Graphics by Yang Jin-kyung. Last year, 2,816 South Korean companies expanded abroad, while only 22 returned (reshored). Despite government incentives—including a seven-year, 100% corporate tax …
Kim Jong-un calls Yoon a ‘puppet,’ threatens to use nuclear ...
WEB3 days ago — North Korean leader Kim Jong-un called South Korean President Yoon Suk-yeol a “puppet” and said the North would use nuclear weapons “without hesitation” if the South and the United States attempted to use military force against Pyongyang, state media reported on Oct. 4. North Korean leader Kim Jong-un inspects a training base of the ...
S. Korea aims to grow venture investment to 16 tn won by 2027
WEB5 days ago — Kim Seo-young. Published 2024.10.02. 15:08. The South Korean government plans to expand the domestic venture investment market to 16 trillion won (about $12.2 billion) by 2027. The Ministry of SMEs and Startups on Oct. 2 unveiled a plan for advancing the venture investment market to promote the globalization of ventures and startups …
S. Korea taps record-breaking $115 bn in 'overdraft' loans ...
WEB5 days ago — S. Korea taps record-breaking $115 bn in 'overdraft' loans from central bank. By Jung Seok-woo, Lee Jung-soo. Published 2024.10.02. 10:37. The South Korean government has set a new record this year, borrowing over 152 trillion won ($114.9 billion) from the Bank of Korea to cover temporary cash shortages. /Chosun DB.
South Korea’s 60-somethings overtake 40-somethings for the ...
WEB3 days ago — In January 2008, the Koreans aged 60 to 69 amounted to 3.87 million, less than half of the 8.55 million in the 40 to 49 age group. Even as recently as 2014, there were 4.3 million fewer 60-somethings (4.64 million) than 40-somethings (8.95 million). Experts point to the rapidly aging baby boomer generation, born between 1955 and 1963, as ...