South Korean Debt Expands at 7-Year High

Household debt in South Korea is rising at its fastest pace in seven years, driven by government efforts to help prop up the economy.

Korea’s Biggest Fund Manager Sees One More BOK Rate Cut: Economy

South Korea’s central bank is likely to cut borrowing costs for the second time this year to help revive the economy, according to Samsung Asset Management Co.

South Korea to Ease Mortgage Lending Rule to Spur Consumption

South Korea will ease a rule on mortgage lending to stimulate the real-estate market and boost consumption as faltering global demand hurts the export-reliant economy, an adviser to President Lee Myung Bak said.