Trending News: Racism and Misogyny: The Troubling Workplace Culture at Shangri-La HotelsInstagram, under pressure, tightens protection for teensSamsung SDI showcases next-generation batteries at IAA Transportation 2024Korea market watchdog highlights pension fund’s role in market reformsCentral Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and AustriaSamsung in urgent need of boosting foundry yield for AI processorsMoney supply continues to rise in July amid restrictive policy: BOKDeath toll rises as torrential rain and flooding force mass evacuations across Central EuropeEx-Samsung chief strategy officer joins Arm boardBOK likely to cut key rate in November: analystsNat’l football coach shoots down criticism of overreliance on stars[Today’s K-pop] Seventeen’s Jeonghan to enlist late this monthPledis Entertainment partners with Jeju Island to produce ‘K-Pop Jeju Content’Naver to develop Arabic-based LLM, expand AI cooperation with Saudi ArabiaKey takeaways from a debate that featured tense clashes and closed with a Taylor Swift endorsementNewJeans members call for return of ex-ADOR CEOFinance minister calls for vigilance against rising household debtSamsung produces industry’s first 1-terabit QLC 9th-gen V-NANDS. Korean midfielder Son Jun-ho banned for life by China over match-fixing chargesMultiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhereBIS raises alarm on Korea’s surging household creditUS ups pressure on Korea to join China chip curbsS. Korea coach thinking about nothing but victory over Oman in World Cup qualifierHanwha, SK develop world’s 1st non-flammable ESS for shipsMinister pushes for inheritance tax overhaulS. Korea finishes Paris Paralympics with 6 gold medals[2024 IFA] Samsung’s AI push has long way to go: CEOFSC chief calls on mutual savings banks to swiftly address risks on PF loansJennie partners with Columbia Records for solo comeback in OctoberYoon approves appointment of new defense minister[Around the Hotels] Promotions and packagesS. Korea logs current account surplus for 3rd month in July[Today’s K-pop] NCT Taeyong’s solo concert film to premiereK-drama-approved Kelly Shin debuts at Seoul Fashion WeekUS charges employees of Russia’s RT network in crackdown on election influence effortsSamsung, LG to showcase AI-embedded appliances at IFA 2024Financial regulator calls for need to reform private pension programsPGA Tour veteran Kim Si-woo selected for 3rd Presidents CupNorway wealth fund may divest companies that aid Israel in Gaza war, occupied territoriesSamsung’s mobile AP Exynos faces uncertain futureRegulator calls for ‘coordinated’ efforts to curb rise in household debtsLoossemble unveils dynamic love story, US tourRussia’s Putin arrives in ICC member MongoliaWill Intel’s restructuring affect Samsung’s foundry business?BOK expects inflation to remain stable for time being20-somethings spend 70 minutes on OTT platforms per dayLPGA sophomore Ryu Hae-ran ‘so proud of myself’ after earning 2nd titleChina’s weak factory PMI raises pressure for consumer stimulusExports rise for 11th straight month in August on strong chip demandINTERVIEW24M touts Impervio as solution to battery fires[Photo News] Lonely hackberry in ChangwonIsrael, Hamas set three-day pauses in fighting for Gaza polio vaccinations: WHOBOK, Bank Indonesia to launch cross-border payments with local currency next monthParis Paralympic Games begin with 1st outdoor opening ceremonyNATO states condemn latest Russian strikes on UkraineSpace agency seeks 27% hike in 2025 budgetNearly 10% of real estate PF loans subject to restructuring: regulatorMaking music in space: John Pai’s evolving sculptures come to SeoulHostage in Gaza rescued by Israel after 326 days of captivityPOSCO develops lightweight pad for vertiportsFinance chief calls for thorough responses to Middle East tensionsSports minister says audits into football, badminton federations set to conclude in Sept.‘Hard to imagine’ no September rate cut: US Fed officialSamsung, LG to unveil new AI-powered home appliances at IFA 2024 in BerlinBOK chief defends rate freeze aimed at curbing household debtBeleaguered nat’l football head coach ready to work to earn players’ trustPavel Durov has nothing to hide, Telegram says of arrested founderHD Hyundai seeks expansion in hydrogen fuel cell marketNational, household debt surpasses $2.26 tril. amid lower state revenue[Travel Bits] Festivals, sights across KoreaHarris says she will not cozy up to dictators like N. Korean leader Kim Jong-unChina’s ‘patriotic consumption’ tests Korean display makersForeign currency deposits up for 2nd month in July[Today’s K-pop] BTS’ Jimin going strong on Billboard, Spotify chartsBiden presses Netanyahu on need to reach Gaza truce dealSK Group chief sees AI-induced changes as business opportunitiesMonthly pension for senior citizens far below minimum living expenses: data2 Portuguese coaches named to Korean nat’l football team staffJennifer Lopez files for divorce from Ben Affleck after 2 years of marriageLG Electronics spurs portfolio revamp under Vision 2030Producer prices rise in July on industrial, farm goodsSon Heung-min opens 10th Premier League season with goalless performance in drawLeaders of China and Vietnam pledge to strengthen political and economic tiesDomestic AI processor makers aim to boost market valueRegulator to tighten curbs on mortgage loans from next monthMore young Koreans give up on finding a jobPutin arrives in Azerbaijan for state visitNumber of self-employed shrinks in July for 6th consecutive monthNaver, Kakao cut R&D expenses in H1 despite focus on AIHong Kong’s Ying Ying gives birth to twins, becoming oldest first-time giant panda momTelecom giants struggle with EV charging business amid growing safety fearsJob additions rise over 100,000 for first time in 3 monthsJapan’s Kishida to exit party leadership race, paving way for new prime ministerBadminton star An Se-young to withdraw from August tournamentsHow X owner Elon Musk uses his ‘free speech’ platform to amplify his views worldwideJob additions rise over 100,000 for first time in 3 monthsCulture ministry launches ‘Korean Bucket List’ event for foreign touristsAn Se-young’s claims: Unfair privilege or fight for fair rights?Krafton’s operating profit logs 1.5-fold growth in Q2Montenegrin court postpones extradition of crypto mogul Kwon to Korea
Mon. Dec 23rd, 2024
Trending News: Racism and Misogyny: The Troubling Workplace Culture at Shangri-La HotelsInstagram, under pressure, tightens protection for teensSamsung SDI showcases next-generation batteries at IAA Transportation 2024Korea market watchdog highlights pension fund’s role in market reformsCentral Europe flooding leaves 16 dead in Romania, Poland, Czech Republic and AustriaSamsung in urgent need of boosting foundry yield for AI processorsMoney supply continues to rise in July amid restrictive policy: BOKDeath toll rises as torrential rain and flooding force mass evacuations across Central EuropeEx-Samsung chief strategy officer joins Arm boardBOK likely to cut key rate in November: analystsNat’l football coach shoots down criticism of overreliance on stars[Today’s K-pop] Seventeen’s Jeonghan to enlist late this monthPledis Entertainment partners with Jeju Island to produce ‘K-Pop Jeju Content’Naver to develop Arabic-based LLM, expand AI cooperation with Saudi ArabiaKey takeaways from a debate that featured tense clashes and closed with a Taylor Swift endorsementNewJeans members call for return of ex-ADOR CEOFinance minister calls for vigilance against rising household debtSamsung produces industry’s first 1-terabit QLC 9th-gen V-NANDS. Korean midfielder Son Jun-ho banned for life by China over match-fixing chargesMultiethnic Katseye begins Asia promo tour dreaming of inspiring girls everywhereBIS raises alarm on Korea’s surging household creditUS ups pressure on Korea to join China chip curbsS. Korea coach thinking about nothing but victory over Oman in World Cup qualifierHanwha, SK develop world’s 1st non-flammable ESS for shipsMinister pushes for inheritance tax overhaulS. Korea finishes Paris Paralympics with 6 gold medals[2024 IFA] Samsung’s AI push has long way to go: CEOFSC chief calls on mutual savings banks to swiftly address risks on PF loansJennie partners with Columbia Records for solo comeback in OctoberYoon approves appointment of new defense minister[Around the Hotels] Promotions and packagesS. Korea logs current account surplus for 3rd month in July[Today’s K-pop] NCT Taeyong’s solo concert film to premiereK-drama-approved Kelly Shin debuts at Seoul Fashion WeekUS charges employees of Russia’s RT network in crackdown on election influence effortsSamsung, LG to showcase AI-embedded appliances at IFA 2024Financial regulator calls for need to reform private pension programsPGA Tour veteran Kim Si-woo selected for 3rd Presidents CupNorway wealth fund may divest companies that aid Israel in Gaza war, occupied territoriesSamsung’s mobile AP Exynos faces uncertain futureRegulator calls for ‘coordinated’ efforts to curb rise in household debtsLoossemble unveils dynamic love story, US tourRussia’s Putin arrives in ICC member MongoliaWill Intel’s restructuring affect Samsung’s foundry business?BOK expects inflation to remain stable for time being20-somethings spend 70 minutes on OTT platforms per dayLPGA sophomore Ryu Hae-ran ‘so proud of myself’ after earning 2nd titleChina’s weak factory PMI raises pressure for consumer stimulusExports rise for 11th straight month in August on strong chip demandINTERVIEW24M touts Impervio as solution to battery fires[Photo News] Lonely hackberry in ChangwonIsrael, Hamas set three-day pauses in fighting for Gaza polio vaccinations: WHOBOK, Bank Indonesia to launch cross-border payments with local currency next monthParis Paralympic Games begin with 1st outdoor opening ceremonyNATO states condemn latest Russian strikes on UkraineSpace agency seeks 27% hike in 2025 budgetNearly 10% of real estate PF loans subject to restructuring: regulatorMaking music in space: John Pai’s evolving sculptures come to SeoulHostage in Gaza rescued by Israel after 326 days of captivityPOSCO develops lightweight pad for vertiportsFinance chief calls for thorough responses to Middle East tensionsSports minister says audits into football, badminton federations set to conclude in Sept.‘Hard to imagine’ no September rate cut: US Fed officialSamsung, LG to unveil new AI-powered home appliances at IFA 2024 in BerlinBOK chief defends rate freeze aimed at curbing household debtBeleaguered nat’l football head coach ready to work to earn players’ trustPavel Durov has nothing to hide, Telegram says of arrested founderHD Hyundai seeks expansion in hydrogen fuel cell marketNational, household debt surpasses $2.26 tril. amid lower state revenue[Travel Bits] Festivals, sights across KoreaHarris says she will not cozy up to dictators like N. Korean leader Kim Jong-unChina’s ‘patriotic consumption’ tests Korean display makersForeign currency deposits up for 2nd month in July[Today’s K-pop] BTS’ Jimin going strong on Billboard, Spotify chartsBiden presses Netanyahu on need to reach Gaza truce dealSK Group chief sees AI-induced changes as business opportunitiesMonthly pension for senior citizens far below minimum living expenses: data2 Portuguese coaches named to Korean nat’l football team staffJennifer Lopez files for divorce from Ben Affleck after 2 years of marriageLG Electronics spurs portfolio revamp under Vision 2030Producer prices rise in July on industrial, farm goodsSon Heung-min opens 10th Premier League season with goalless performance in drawLeaders of China and Vietnam pledge to strengthen political and economic tiesDomestic AI processor makers aim to boost market valueRegulator to tighten curbs on mortgage loans from next monthMore young Koreans give up on finding a jobPutin arrives in Azerbaijan for state visitNumber of self-employed shrinks in July for 6th consecutive monthNaver, Kakao cut R&D expenses in H1 despite focus on AIHong Kong’s Ying Ying gives birth to twins, becoming oldest first-time giant panda momTelecom giants struggle with EV charging business amid growing safety fearsJob additions rise over 100,000 for first time in 3 monthsJapan’s Kishida to exit party leadership race, paving way for new prime ministerBadminton star An Se-young to withdraw from August tournamentsHow X owner Elon Musk uses his ‘free speech’ platform to amplify his views worldwideJob additions rise over 100,000 for first time in 3 monthsCulture ministry launches ‘Korean Bucket List’ event for foreign touristsAn Se-young’s claims: Unfair privilege or fight for fair rights?Krafton’s operating profit logs 1.5-fold growth in Q2Montenegrin court postpones extradition of crypto mogul Kwon to Korea
Mon. Dec 23rd, 2024
National, household debt surpasses $2.26 tril. amid lower state revenue
National, household debt surpasses $2.26 tril. amid lower state revenue

The combined debt of the government and households in Korea has surpassed 3,000 trillion won ($2.26 trillion) for the first time, driven by lower tax revenue, increased bond issuance and…

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