Consumer spending in South Korea likely to weaken like it did after ferry sinking in ‘14
In the weeks following the ferry accident on April 16, 2014, traumatised Koreans spent significantly less, resulting in slowed economic growth.
The Korea Herald
Banking giants to inject 95 trillion won to ease liquidity strain
10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.
RM to be third BTS member to kick off solo venture
While it will be RM’s first solo album, the musician has previously teased a snippet of his musical personality through collaborations.
‘It wasn’t an accident’: Halloween tragedy sparks partisan blame game
South Korea’s political parties have turned to finger-pointing over the Halloween crowd surge, with the opposition claiming that the disaster was not an accident.
Itaewon streets after the deadly crowd crush
The deadly crowd surge in Itaewon has plunged the public into grief and concern, as it took place in a popular area in the heart of Seoul.
Inflation, lack of children’s support and pension: reasons why more Korean retirees work: Bank of Korea
According to an analysis on factors of rising employment rate among seniors, the tally for employed people aged 60 or over increased by 2.66 million during the period of…
Why Itaewon disaster was more fatal for women than men
The gender ratio of the crowd at the time of the deadly crush remains unclear, but experts say those with smaller body frames and less physical strength are more vulnerable to…
Corporate bank loans surge amid liquidity concerns
Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.
South Korea reels from Itaewon disaster
The number of deaths has continued to rise, reaching 155 people with more than 149 injured on Oct 31, 2022.
Halloween crowd surge left nearby hospitals overwhelmed
According to numbers as of Oct 31, the crowd surge left 154 dead and 149 injured, 33 of whom were in critical condition.