Day: January 15, 2024

(EDITORIAL from Korea Herald on Jan. 15)

Police are investigating 12 board members and four executives of Posco Holdings on charges of occupational breach of trust over allegations that they had subsidiaries partially pay for a lavish five-night-seven-day trip to Canada in August last year….

Read more

Banks’ rates for fresh loans fall in December

SEOUL, The average lending rate of major banks in South Korea for mortgage loans fell from a month earlier in December, data showed Monday.

COFIX, or the Cost of Funds Index, a benchmark lending rate for mortgage loans, came to 3.84 percent last mon…

Read more

Investment funds grow over 68 tln won in 2023

SEOUL, The value of investment funds in South Korea grew from a year earlier in 2023, data showed Monday.

The net asset value of South Korean investment funds came to 971.4 trillion won (US$737.6 billion) as of the end of last year, up 68.1 trillion…

Read more

Recent News