July 7, 2024

Growth of household loans shows signs of acceleration

The growth of household loans has shown signs of acceleration as combined household loans from the country’s five major banks surged by approximately 2.2 trillion won (US$1.6 billion) in just four days last week, financial data showed Sunday.

Accord…

Hyundai Motor’s sales in India hit record ahead of planned IPO

Hyundai Motor Co., South Korea’s leading automaker, saw its sales hit a record in India in the first half of this year, according to industry data Sunday, as it has filed for an initial public offering for its India unit.

According to data from the …