ASIATODAY

ECONOMY

Deposit rates climb, benefiting savers but squeezing vulnerable borrowers

Deposit rates are rising sharply as competition among banks for customer deposits intensifies. With market rates climbing following a benchmark rate hike, banks are raising rates on major deposit products to secure funding. While higher rates offer depositors an opportunity to earn more interest, concerns are growing that they could increase the burden on v..

Korean won stays above 1,500 as US yields and oil prices rise
The Korean won remained above the 1,500-per-dollar level for a third consecutive trading session, heightening concerns over mounting pressure on the Korean..

previous block

21 22 23 24 25 26 27 28 29 30

next block

Most Read

1

Celltrion’s Omlyclo gains ground in major European..

2

Trump demands rates fall below 1% as Fed hikes for..

3

Trump makes $1 trillion bet ahead of midterm elect..

4

Iran resumes ballistic missile production, assembl..

5

Samsung Electronics, Mistral AI to jointly develop..

6

Trump warns countries not helping U.S. must pay re..

7

Apple launches first foldable, 1 million won prici..

PEOPLE

"Hallyu ban to be removed quickly": Hopes of thaw in Seoul-Beijing ties: · "Efforts will be made to remove Hallyu ban quickly"; · SK Group Chairman heads to Japan to soften "WD risk"

PHOTO

Jang Won-young shines as BVLGARI’s holiday muse

S.KOREA

POLITICS

SOCIAL AFFAIRS

WORLD

CHINA

INDIA

OTHERS

ECONOMY

BIZ&TECH

CULTURE

PEOPLE

PHOTO

Address : In-Young Bldg., 34, Uisadang-daero 1-gil, Yeongdeungpo-gu, Seoul

Copyright by ASIATODAY CO., LTD. All rights resereved