KB News DeskBanks' household mortgage lending rates rise to 2 yrs 7 months high in June
Banks’ household mortgage loan rates rose for the second consecutive month to the highest point in two years and seven months in June on rising market interest, central bank data…
Bill seeks to secure egg supply for vaccine production
A bill to establish a legal basis for the production of eggs used as raw materials for vaccines was proposed Monday, in a bid to secure a stable supply of…
S. Korea's population slightly up in 2025 on immigration: census
South Korea’s population slightly increased in 2025 from a year earlier despite low birth rates, driven by a rise in immigration, data showed Tuesday, with the share of foreigners reaching…
Yoon administration wary of using word 'victims' in Itaewon Disaster: report
Former president suggested it was inappropriate to use such words for ‘people who went to have fun’ Meeting minutes from the previous Yoon Suk Yeol administration showed that government officials…
Can one portfolio fit Korea’s W500tr pension market?
Proposed 60:40 investment model raises concerns over age-based risk and trustee liability South Korea is preparing to overhaul its 500 trillion won ($341.7 billion) retirement pension market to lift chronically…
Is Homeplus built for Trader Joe's playbook?
Analysts say hypermarket falls short on brand loyalty, supply capacity Embattled hypermarket chain Homeplus is pinning its revival on a new type of store modeled on US grocery chain Trader…
Korean art market rebounds in first half, but growth remains concentrated: report
South Korea’s art market nearly doubled in value in the first half of this year, but growth was driven more by sizeable sales than a broader recovery, according to a…
Carlyle’s W1tr bet puts Korean water purifiers in spotlight
Coway leads overseas push, with foreign markets generating 40% of sales Carlyle’s 1 trillion won ($683 million) bet on Chungho Nais has put fresh attention on an unlikely Korean export…
Igis completes W900b acquisition of Doosan Tower
Deal completed after failed 2025 bid, with NH Investment and Hana Bank providing financing Igis Asset Management has completed its acquisition of Doosan Tower in central Seoul in a deal…
Lee vows to create diplomatic conditions to resume inter-Korean, NK-US dialogue
BRASILIA — President Lee Jae Myung pledged to make every effort to create diplomatic conditions conducive to the resumption of dialogue with North Korea, as well as talks between the…
