Canada's household debt is now highest in the G7
Household debt also exceeds Canada's entire GDP, housing agency data reveals.
2023-05-24 21:58
EV Battery-Maker SK On to Raise $944 Million to Ramp Up Capacity
SK Innovation Co.’s battery unit will raise as much as $944 million from financial investors in a bid
2023-05-24 17:59
Korea Space Race Heats Up as North and South Plan Launches
The two Koreas are in a space race. The North is upgrading its space center to accommodate the
2023-05-24 15:45
Korea Tackles Property Risk With Loan Conversions for Brokerages
South Korea wants brokerages to swap short-term risky property debt for longer term borrowings, in bid to counter
2023-05-24 13:00
South Korea asks US to review China rule for chip subsidies
By Soo-hyang Choi SEOUL South Korea has asked Washington to review its criteria for new semiconductor subsidies, concerned
2023-05-24 12:20
Chinese Stocks Close to Erasing 2023 Gain as Headwinds Intensify
Chinese stocks fell, with the benchmark index close to erasing its gains for the year, as a weaker
2023-05-24 10:46
Dollar hovers near 2-month high as debt ceiling angst saps risk appetite
By Ankur Banerjee SINGAPORE The U.S. dollar held near a two-month high on Wednesday on safe-harbour demand as
2023-05-24 09:47
US issues fresh North Korea sanctions on 'illicit' IT workforce
By Christopher Bing and Doina Chiacu WASHINGTON (Reuters) -The United States on Tuesday announced new North Korea sanctions related to
2023-05-24 00:22
Dollar strengthens broadly on Fed rate expectations
By Samuel Indyk LONDON The U.S. dollar rose for a second day on Tuesday, briefly touching a six-month
2023-05-23 19:29
Singapore's April core inflation rises 5%, beating forecast
SINGAPORE Singapore's key consumer price gauge rose 5% in April, higher than forecast, official data showed on Tuesday.
2023-05-23 13:19
South Korea household credit shrinks at record pace in first quarter
SEOUL South Korea's household credit shrank at a record pace in the first quarter as high interest rates
2023-05-23 11:21
Bank of Korea to hold rates until end of September, cut in Q4- Reuters poll
By Anant Chandak BENGALURU The Bank of Korea will keep interest rates unchanged for a third time on
2023-05-23 08:48