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South Korea sees drop in household borrowing amid stricter loan rules and cooling property market.
South Korean household borrowing fell for the second month in January, dropping by 500 billion won to 1,140.5 trillion won, due to stricter loan rules and a cooling real estate market.
While mortgage loans slightly increased, other loans like credit loans declined.
Meanwhile, corporate loans rose by 6.7 trillion won.
South Korea also plans to invest $285 million in advanced technologies by 2031 to boost innovation.
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Corea del Sur ve una caída en el endeudamiento de los hogares en medio de normas de préstamos más estrictas y el enfriamiento del mercado inmobiliario.