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ECONOMY

Jeonse loans blamed for home price spikes: Will banks start tracking government cues?

"The expansion of jeonse loans was a primary driver behind rising housing prices."With this single remark from President Lee, all eyes within and outside the financial sector have rapidly shifted toward jeonse loans. This comes as speculation mounts over potential additional regulations, including the expansion of the Debt Service Ratio (DSR) framework to en..

Double shock of oil and currency fuels inflation fears
A surge in global oil prices and the Korean won weakening past 1,500 per dollar have delivered a double shock to South Korea’s economy, raising concerns th..

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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"

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