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SEOUL: South Korea's central bank kept its key policy rate steady on Thursday as the economy showed signs of recovery and concerns about rising household debt prevailed, even as the country faced a third wave of coronavirus infections.
SEOUL (Xinhua): South Korea's household debt hit a fresh record high in the third quarter as the Covid-19 pandemic increased demand for credit loan amid the record-low policy rate, central bank data showed Tuesday (Nov 24).
SEOUL: South Korean shares ended at a record high on Tuesday, with Samsung Electronics leading gains, as COVID-19 vaccine developments and U.S. President-elect Joe Biden receiving formal approval for his White House transition boosted sentiment.
BORROWING to invest may sound like a tempting and easy way to maximise any potential returns in any equity type of investment.
Permodalan Nasional Bhd (PNB), the country’s largest fund manager, surprised the market this week after announcing that it plans to sell its entire stake in one of its flagship investee companies – Chemical Company of Malaysia Bhd (CCM).
FROM CHAI SEN TYNG , Seri Kembangan, Selangor