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    BTS stars shine brighter as solo artists

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    N. Korea holds politburo meeting to discuss Kim-Putin summit: KCNA

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    30 people purchased 8,000 homes: data

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Fri, September 22, 2023 | 23:51
COVID-19 special loan repayments on track for 'soft landing'
COVID-19 special loan repayments on track for 'soft landing'
Massive amounts of special loans and benefits granted to small and medium-sized enterprises (SMEs) and mom-and-pop businesses during the COVID-19 crisis are on a stable path to repayment, according to the top financial regulator.
Anna J. Park | 2023-08-29 16:36
Retail sales up 5.9% in July on growing outdoor vacation activities
Retail sales up 5.9% in July on growing outdoor vacation activities
Retail sales in Korea rose 5.9 percent on-year in July as more people enjoyed outdoor activities for summer vacation amid eased antivirus curbs, the industry ministry said Tuesday.
2023-08-29 14:34
Gov't to seek tighter budget, prioritize fiscal soundness
Gov't to seek tighter budget, prioritize fiscal soundness
Korea's smallest increase in its budget proposal in almost two decades illustrates the government's commitment to improving fiscal soundness amid declining tax revenue and economic uncertainties.
2023-08-29 11:36
  • S. Korea seeks slowest budget growth in nearly 20 years for 2024
S. Korea seeks slowest budget growth in nearly 20 years for 2024
S. Korea seeks slowest budget growth in nearly 20 years for 2024
South Korea's finance ministry on Tuesday proposed a budget of 654.2 trillion won ($495 billion) for 2024, marking the slowest on-year growth since 2005, as the country aims to tighten its belt amid economic uncertainties.
2023-08-29 11:26
  • Unification ministry seeks 28% cut in 2024 budget for inter-Korean cooperation fund
  • S. Korea seeks 4.5% rise in defense budget for 2024
  • Gov't to seek tighter budget, prioritize fiscal soundness
FSC emphasizes importance of exporting financial infrastructure model
FSC emphasizes importance of exporting financial infrastructure model
Financial authorities plan to announce a set of measures aimed at fostering exports of local financial infrastructure models during the second half of this year. Financial infrastructure refers to an underlying technological system for financial transactions, such as payments and remittances. The Financial Services Commission (FSC), the top financial regulator in the country,...
Anna J. Park | 2023-08-28 16:49
Individuals can invest in government bonds with 100,000 won from next year
Individuals can invest in government bonds with 100,000 won from next year
Starting in the first half of next year, retail investors will be able to invest in government bonds with a small amount of money.
Lee Yeon-woo | 2023-08-28 16:37
Only 1 in 3 young Koreans positive about marriage
Only 1 in 3 young Koreans positive about marriage
Only about one out of every three Koreans aged 19 to 34 have a positive perception of wedlock, illustrating the mentality among young people towards matrimony, which is resulting in a sharper decline in the number of marriages and a deepening demographic crisis, according to a report, Monday.
Yi Whan-woo | 2023-08-28 15:57
Capital flight no longer case despite record Korea-US rate gap
Capital flight no longer case despite record Korea-US rate gap
Following the U.S. Federal Reserve's decision to hike rates by 0.25 percentage points in July, the record-high interest rate gap between Korea and the U.S. has persisted. However, concerns about a potential massive outflow of foreign funds haven't yet materialized as feared.
Lee Yeon-woo | 2023-08-28 15:40
Inflation expected to rebound to above 3% on rising oil, crop prices
Inflation expected to rebound to above 3% on rising oil, crop prices
Consumer inflation in Korea is anticipated to bounce back to the 3-percent range in August and September after decelerating to a 25 month-low of 2.3 percent in July, mainly due to a resurgence in global oil prices, according to analysts, Sunday.
Yi Whan-woo | 2023-08-27 16:28
Fed chief's latest speech to enable BOK to freeze key rate
Fed chief's latest speech to enable BOK to freeze key rate
The Bank of Korea (BOK) is likely to extend its policy of keeping the base rate steady at 3.5 percent, following remarks by Federal Reserve Chair Jerome Powell that were less hawkish than expected regarding the course of the U.S. interest rate, according to market observers, Sunday.
Yi Whan-woo | 2023-08-27 16:28
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Top 10 Stories
130 people purchased 8,000 homes: data 30 people purchased 8,000 homes: data
2Scientists find green way to turn CO2 into fuel with sunlightScientists find green way to turn CO2 into fuel with sunlight
3National Assembly passes motion to arrest DPK chiefNational Assembly passes motion to arrest DPK chief
4Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors Kim Jong-un's rejection of Russia's food assistance irritates North Korean defectors
5Gender equality minister nominee in hot seat over remarks on abortion Gender equality minister nominee in hot seat over remarks on abortion
6Seoul invites ambassadors to introduce new halal foods in Korea Seoul invites ambassadors to introduce new halal foods in Korea
7Rights experts from 17 countries demand release of North Korean escapees in China Rights experts from 17 countries demand release of North Korean escapees in China
8S. Korea condemns Russia, seeks to mend ties with China S. Korea condemns Russia, seeks to mend ties with China
9Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany Honey-dipped cookie to represent 'K-desserts' at global food expo in Germany
10COVID-19 deaths hit record high in Korea for 2022 COVID-19 deaths hit record high in Korea for 2022
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