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  • November 26, 2014
  • Last updated: 2:41pm
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Results 1 - 10 of 15 for debt

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  1. News - Asia - SOUTH KOREA

    Korean ex-dictator Chun Doo-hwan’s artwork auctioned to pay debts

    Posted Mar 13th 2014, 09:44pm by AFP

    ... Agence France-Presse in Seoul Seoul sells ex-dictator's art troveto settle debts Artworks confiscated from the family of former South Korean dictator Chun Doo-hwan have been auctioned to pay multimillion-dollar fines imposed for bribes the disgraced military strongman received in office. Two auction houses said they had raised 7.2 billion won (HK$52 million) from the sale ...

  2. Property - International - SOUTH KOREA

    South Korea president's housing revival spurs plan for record bonds

    Posted Oct 08th 2014, 07:16am by Bloomberg

    ... Bloomberg in Seoul Korea Housing Finance Corp will offer as much as eight trillion won of mortgage-backed debt Park's revival spurs plan for record bonds South Korean President Park ... will offer as much as eight trillion won (HK$58.4 billion) of mortgage-backed debt this quarter, against 6.1 trillion won in the first nine months of the year, according to Choi Hyuk-soon, general ...

  3. Property - International - SOUTH KOREA

    South Korea's homebuyers buoyed by eased mortgage curbs

    Posted Aug 27th 2014, 05:34am by BLOOM

    ... the most stringent lending rules. Korea has avoided the surge in home prices seen in Hong Kong and Singapore in the past five years as the government tackled record household debt levels ... reside, have been stagnant since they peaked in 2008 after the previous decade of boom elevated household debt. Easing mortgage curbs to boost the property market is at the centre of Finance ...

  4. Property - International - SOUTH KOREA

    South Korea's Yeouido financial hub sees office vacancies rise to record

    Posted Oct 01st 2014, 04:23am by Bloomberg

    ... investors, who account for about half of equity trading, have pulled a net 5.8 trillion won (HK$42 billion) from the Korea Composite Index stocks since the end of 2012 as record household debt curbs ...

  5. News - Asia - SOUTH KOREA

    South Korea’s railway workers end strike over rail reform plan

    Posted Dec 30th 2013, 03:44pm by Agence France-Presse

    ... off part of the Korail and allow several other state-run firms to buy the shares in the spinoff. It said the move was aimed at revitalising the debt-ridden railway, which has suffered from ...

  6. News - Asia - SOUTH KOREA

    South Korean opposition steps up criticism of rail reorganisation plan

    Posted Dec 30th 2013, 02:00am by AFP

    ... and allow other state-run firms to buy shares. It said the move was aimed at revitalising the debt-ridden railway that has suffered losses. Thousands of railway workers including train drivers ...

  7. News - Asia - SOUTH KOREA

    Data from more than 100 million South Korean credit cards and accounts stolen

    Posted Jan 22nd 2014, 03:28pm by Reuters

    ... four credit cards, something that has contributed to one of the highest levels of personal debt relative to the size of the economy in the developed world. The data security breach affected ...

  8. Property - International - SOUTH KOREA

    More South Koreans opting to lease as home values fall, pushing up rents

    Posted Sep 11th 2013, 12:00am by Bloomberg

    ... years elevated household debt to record levels. A shortage of supply in key metropolitan areas had undermined government measures from 2003 to 2007 to cool the market, such as higher property taxes and tougher mortgage lending rules that included introducing debt-to-income and loan-to-value ratios to reduce the amount borrowers could get from banks. Efforts to breathe life back ...

  9. Property - International - SOUTH KOREA

    Housing slump holds back rebound in South Korean economy

    Posted Aug 07th 2013, 12:00am by Bloomberg

    ... for exports and near-record household debt. "South Korea's property market is sinking slowly, sapping the growth potential of the economy," said Oh Suk-tae, a Seoul- based economist ...

  10. News - Asia - SOUTH KOREA

    Hunt for former South Korean tyrant Chun Doo-hwan's HK$1.1b cash stash

    Posted Jun 25th 2013, 12:00am by AP

    ... that year that he had less than US$300. Chun reportedly said he was living off money from his sons and supporters, but wouldn't ask his sons to help pay his debt because "they have to make ...




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