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.
In the weeks following the ferry accident on April 16, 2014, traumatised Koreans spent significantly less, resulting in slowed economic growth.
10 trillion won is set aside to manage liquidity at these South Korean groups’ affiliates, including brokerages, insurance, and card companies.
While it will be RM’s first solo album, the musician has previously teased a snippet of his musical personality through collaborations.
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.
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.
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…
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…
Despite being battered by rising borrowing costs intended to corral inflation, companies are expected to seek out more bank loans.
The number of deaths has continued to rise, reaching 155 people with more than 149 injured on Oct 31, 2022.
According to numbers as of Oct 31, the crowd surge left 154 dead and 149 injured, 33 of whom were in critical condition.