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Lee’s ‘bad bank’ plan secures ₩400 billion in funding

President Lee Jae-myung’s signature campaign pledge to launch a “bad bank” for distressed debt relief is now moving into action. Backed by the recently approved second supplementary budget, the program aims to support financially vulnerable individuals hit hard by the COVID-19 aftermath, rising interest rates, inflation, and economic downturn. The Financial..

S. Korea’s January economic misery index hits record high
AsiaToday reporter Lee Ji-hoonSouth Korea’s economic misery index in January climbed to a record high for the first time of the year, mainly due to continu..

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“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”

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