Yonhap Infomax News4d ago
South Korea's FSC Vice Chairman Lee Eo-kwon said the recent surge in credit loans for leveraged investing is not significant enough to impact overall household debt, as authorities monitor financial risks amid rising KOSPI and property prices.
#YonhapInfomax #FinancialServicesCommission #HouseholdDebt #CreditLoans #KOSPI #RealEstateRegulation #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=90454
Lee Eo-kwon Says Surge in Credit Loans for 'Debt-Fueled Investing' Unlikely to Significantly Impact Household Debt

South Korea's FSC Vice Chairman Lee Eo-kwon said the recent surge in credit loans for leveraged investing is not significant enough to impact overall household debt, as authorities monitor financial risks amid rising KOSPI and property prices.

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Yonhap Infomax NewsNov 7
Youth despair in the US labor market is rising, with Gen Z facing inhumane job processes, AI-driven hiring, and widening economic inequality, as Google DeepMind hires economists to study AI's impact and NYC's new mayor receives a pay hike.
#YonhapInfomax #GenZ #GoogleDeepMind #HouseholdDebt #EconomicInequality #CreditCardBalances #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=89843
[Wall Street Talk] Gen Z's View of the World of Work—'Inhumane and Dystopian'

Youth despair in the US labor market is rising, with Gen Z facing inhumane job processes, AI-driven hiring, and widening economic inequality, as Google DeepMind hires economists to study AI's impact and NYC's new mayor receives a pay hike.

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Mark BurtonOct 30
Bill Esterson, Chair of HoC Energy Security and Net Zero Committee, calls Ofgem’s proposal to reduce record levels of consumer energy debt that have more than doubled since 2022 “completely inadequate”, saying the cost crisis demands “out of the box thinking” from Government and Ofgem to ensure that “parts of the sector that are making healthy profits become part of the solution to dealing with the high cost of energy”.
https://committees.parliament.uk/publications/50015/documents/269354/default/
#Energy #DebtJubilee #HouseholdDebt
Yonhap Infomax NewsOct 29
Bank of Korea Governor Rhee Chang-yong warned that a rapid reduction in household debt could destabilize the economy, advocating for a gradual decrease to 80% of GDP and calling for consistent real estate and macroprudential policies to manage risks.
#YonhapInfomax #BankOfKorea #HouseholdDebt #GDP #DSR #RealEstatePolicy #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=87920
Bank of Korea Governor Rhee Chang-yong Says Rapid Household Debt Reduction Also Problematic—Calls for Gradual Decline to 80% of GDP

Bank of Korea Governor Rhee Chang-yong warned that a rapid reduction in household debt could destabilize the economy, advocating for a gradual decrease to 80% of GDP and calling for consistent real estate and macroprudential policies to manage risks.

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Yonhap Infomax NewsOct 21
South Korea's 3-year Treasury yield climbed to 2.6% for the first time in seven months, as markets turned cautious ahead of the Bank of Korea's upcoming policy meeting, with volatility driven by global and domestic factors.
#YonhapInfomax #3YearTreasuryYield #BankOfKorea #KOSPI #HouseholdDebt #BondMarketVolatility #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86574
[Bond Market Closing]3-Year Treasury Yield Hits 2.6% as Market Awaits BOK Rate Decision

South Korea's 3-year Treasury yield climbed to 2.6% for the first time in seven months, as markets turned cautious ahead of the Bank of Korea's upcoming policy meeting, with volatility driven by global and domestic factors.

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Yonhap Infomax NewsOct 20
Bank of Korea Governor Lee Chang-yong expressed deep concern as South Korea’s household debt-to-GDP ratio rose to 89.7% in Q2, reversing a two-year decline and highlighting renewed financial stability risks.
#YonhapInfomax #BankOfKorea #HouseholdDebt #GDP #LeeChangYong #Q2Rebound #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86331
Bank of Korea Governor Lee Chang-yong Expresses Deep Concern Over Q2 Household Debt Ratio Rebound

Bank of Korea Governor Lee Chang-yong expressed deep concern as South Korea’s household debt-to-GDP ratio rose to 89.7% in Q2, reversing a two-year decline and highlighting renewed financial stability risks.

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Yonhap Infomax NewsOct 20
Bank of Korea Governor Rhee Chang-yong reaffirmed the central bank's commitment to avoid fueling the real estate market by increasing liquidity, highlighting the complexity of property issues and the need for market-friendly, targeted policies.
#YonhapInfomax #BankOfKorea #RheeChangYong #RealEstateMarket #Liquidity #HouseholdDebt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86252
Rhee Chang-yong Says Bank of Korea Will Not Fuel Real Estate Market by Increasing Liquidity

Bank of Korea Governor Rhee Chang-yong reaffirmed the central bank's commitment to avoid fueling the real estate market by increasing liquidity, highlighting the complexity of property issues and the need for market-friendly, targeted policies.

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Yonhap Infomax NewsOct 20
FSC Chairman Lee Eo-kwon pledged to address real estate lending concentration, accelerate productive finance, and boost high-tech investment, while strengthening household debt controls and market stability measures.
#YonhapInfomax #FinancialServicesCommission #RealEstateLending #NationalGrowthFund #HouseholdDebt #PolicyFinance #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=86237
Lee Eo-kwon Calls for Addressing Real Estate Lending Concentration—Urges Restoration of Virtuous Economic Cycle

FSC Chairman Lee Eo-kwon pledged to address real estate lending concentration, accelerate productive finance, and boost high-tech investment, while strengthening household debt controls and market stability measures.

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Yonhap Infomax NewsOct 16
South Korea unveiled sweeping real estate lending curbs ahead of the Bank of Korea's policy meeting, fueling debate over the likelihood of a dovish rate cut as policymakers weigh economic risks against housing market stability.
#YonhapInfomax #BankOfKorea #InterestRate #RealEstateRegulation #DebtServiceRatio #HouseholdDebt #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=85804
Ultra-Strong Real Estate Measures Announced One Week Ahead of Monetary Policy Meeting—Will a 'Dovish' BOK Be Possible?

South Korea unveiled sweeping real estate lending curbs ahead of the Bank of Korea's policy meeting, fueling debate over the likelihood of a dovish rate cut as policymakers weigh economic risks against housing market stability.

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Yonhap Infomax NewsSep 29
FSC Chairman Lee Ok-won urged South Korean banks to expand funding for productive finance and pledged further easing of capital regulations, while emphasizing risk management and stronger security measures amid recent cyber incidents.
#YonhapInfomax #FinancialServicesCommission #ProductiveFinance #CapitalRegulations #HouseholdDebt #CyberSecurity #Economics #FinancialMarkets #Banking #Securities #Bonds #StockMarket
https://en.infomaxai.com/news/articleView.html?idxno=83906
Lee Ok-won Urges Banks to Boost Productive Finance—Pledges Further Easing of Capital Regulations

FSC Chairman Lee Ok-won urged South Korean banks to expand funding for productive finance and pledged further easing of capital regulations, while emphasizing risk management and stronger security measures amid recent cyber incidents.

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