All posts tagged "debt"

  • Stacks of money held in the vault at the Bank of Korea. (Yonhap file photo)
    Household debt seen as S. Korea’s $1 trillion potential time bomb

    By Choi Kyong-ae Soaring household debt, fueled by a series of government-led stimulus programs, is posing a greater threat to the nation’s economy, analysts said. Household debt hit a fresh record of 1,166 trillion won ($1.01 trillion)...

    • Posted November 24, 2015
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  • Lee Jung-jae (Yonhap)
    Actor Lee Jung-jae in legal dispute over mother’s debt

    By Bahk Eun-ji Actor Lee Jung-jae and his mother are embroiled in a legal dispute over money she allegedly borrowed from a friend. Lee’s mother allegedly borrowed 193 million won (about $165,000) from 1995 to early 2000...

    • Posted November 17, 2015
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  • Princeton University (Courtesy of Harshil Shah via Flickr/Creative Commons)
    [Forbes] 10 Colleges whose students almost always repay debts

        How do you determine the value of a college education? As the cost of college skyrockets and each graduating class comes out more indebted than the last, it’s a question that has grown in importance in...

    • Posted May 14, 2015
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  • bank
    S. Korea to sell $7.05 billion in state debts in Feb.

    SEJONG (Yonhap) — South Korea plans to sell state bonds worth 7.65 trillion won (US$7.05 billion) in February, the Ministry of Strategy and Finance said Thursday. According to the ministry, the government will sell 1.9 trillion won...

    • Posted January 30, 2015
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  • Shown is Korean Air chairman Cho Yang-ho whose daughter resigned after a controversy on one of the airline's flights. (Yonhap)
    Korean Air to sell over 500 billion won ($455 million) worth of shares

    SEOUL (Yonhap) — Korean Air Lines Co., South Korea’s largest flag carrier, said Tuesday it will sell more than 500 billion won (US$455 million) worth of shares to raise money needed to repay debt. The company’s board...

    • Posted January 6, 2015
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  • Journalists raise hands and posters and papers to attract attention, as Russian President Vladimir Putin, background, listens to a question, during his annual news conference in Moscow, Russia, Thursday, Dec. 18, 2014. The Russian economy will rebound and the ruble will stabilize, Russian President Vladimir Putin said Thursday at his annual press conference, he also said Ukraine must remain one political entity, voicing hope that the crisis could be solved through peace talks. (AP Photo/Pavel Golovkin)
    Russian crisis worries Korea

    By Choi Kyong-ae Moscow’s possible default on its foreign debt or a moratorium on its repayment could deal a severe blow to the Korean economy, analysts said Wednesday. Any major currency-related risks in Russia could pose a...

    • Posted December 18, 2014
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