low interest rate

South Korea’s headline inflation fell for a fourth straight month in May to a 19-month low amid continuous signs of a slowdown in Asia’s...

Teachers’ Pension (TP), South Korea’s major pension fund for private school employees, will accelerate investment in domestic bonds whil...

South Korea's Ministry of Health and Welfare is considering adding national pension benefits for married couples to raise the ever-declining birth r...

South Korea’s three-year treasury bond yield topped the base rate for the first time in two months, after the Bank of Korea (BOK) warned again...

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's Hyundai Engineering & Construction (E&C) said on Thursday that it has established an agreement with Holcim, a renowned global ...

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 ...

Starlink, low-orbit satellite internet constellation operated by the US aerospace company SpaceX, has delayed the launch of its South Korean service...

Samsung Electronics Co. announced on Thursday that it will release the Galaxy A24, a budget phone model in the domestic market on Friday to targetin...

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...

South Korea's leading low-cost carrier (LCC) Jeju Air Co. posted record-high performance in the first quarter. Industry analysts say domestic LCCs w...

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 low-cost carriers (LCC) Air Premia and T'way Air Co. are competing to secure "golden routes" to Europe that Korean Air must give up to...

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...

Kakao Pay Corp., the mobile payment and digital wallet service unit of South Korean tech giant Kakao Corp., announced on Thursday it has signed an a...

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 births fell to a fresh low in February in 2023. The number of deaths decreased, but the population continued to decline naturally for ...

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...

South Korea’s major automotive parts makers are expected to post decent growth in their first-quarter sales and earnings on the back of their ...

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

Demand for overseas flights in South Korea has exploded since the resumption of air travel operations amid the substantial easing of COVID-19 restri...