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South Korea has a big household debt problem. The country’s unique rental system may be to blame newsthirst.

Illuminated residential buildings and houses at dusk in Mokpo, South Korea, on Friday, Aug. 16, 2024. Bloomberg | Bloomberg | Getty Images Central banks, by and large, have one overarching mandate: to ensure price stability and control inflation in a country. Policymakers in South Korea need to contend with another responsibility: managing high household debt….

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South Korea president Yoon Suk Yeol denies ordering arrest of lawmakers at impeachment trial newsthirst.

EPA Yoon Suk Yeol made his first appearance at the trial after missing the first few hearings South Korea’s suspended president Yoon Suk Yeol has made his first appearance at his impeachment trial, where he denied ordering the arrest of lawmakers during his attempt to impose martial law. Parliament voted to impeach Yoon last month,…

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