Reshuffling is needed, but stability also matters

Given the Armed Forces’ mission to fight the enemy at any time, the government must also ensure stability.

2023-10-30

BOK sees low chances of systemic risk amid rising debt, falling asset soundness

Financial institutions' soundness shows signs of deteriorating slightly in the face of rising debt and home prices, but there is little chance that the deterioration would cause a systematic risk, a central bank report showed Tuesday.

2023-09-26

Rising global debt threatens financial stability, warns former ECB president

Rising global debt and slow globalization pose threats to financial stability, warns economist Jean-Claude Trichet.

2023-09-20

Korea to take part in global stress test on banks

Korea is conducting a global stress test to verify the soundness of domestic banks.

2023-04-24

Korea's Financial Stress Index indicates trouble remains

The Financial Stress Index (FSI) for Korea rose to a level that signals "danger" earlier this year and remains elevated, indicating that the economy is still under stress despite optimistic signs in recent weeks.

2022-12-22

Heungkuk Life does abrupt about-face, will pay off bonds

Heungkuk Life Insurance is receiving funding from one or a number of companies in order to pay owners of its perpetual bonds.

2022-11-08

Housing prices, household debt are major risks to financial stability: BOK

Korea's financial system has remained stable, but a rise in housing prices and high household debt serve as major potential risks to financial stability, a central bank report showed Thursday.

2021-12-23

Setting sail for housing stability

The housing market in Korea welcomes the year of the Black Tiger in a mood starkly different from last year’s. At the beginning of last year, apartment prices kept rising on a weekly basis. As we celebrate the New Year this year...

2022-01-27

BOK warns of vulnerabilities, signaling rise in rates

The Bank of Korea (BOK) warned of growing vulnerability to the financial system from mounting household debt, probably signaling a raise in interest rates.

2021-06-22

Time for policy change

Unprecedented Covid-19 shocks this year resulted in the biggest global economic slump since World War II, and Korea was no exception. Fortunately, the global economy has been recovering since the summer, with exports growing and...

2020-12-10

korea joongAng daily