LeshiInternetInformationandTechnology,thelistedarmoftechnologycompanyLeEco,expects5.62billionyuan(893.69millionUSdollars)ofdebtstomaturethisyear,furtherexacerba
South Korean households spent over one-fourth of disposable income on repaying debts amid eased regulations on mortgage financing and record-low interest rates that helped lift household debts to the record high, a joint survey showed on Tuesday.
By floating an emergency plan for local government debt risks Monday, China has addressed an issue that has made headlines for years.
South Korea's top central banker expressed worries on Friday about economic uncertainties after Donald Trump's presidential win in the United States.
South Korea households spent a quarter of their annual income on paying back debts, putting more pressure on the already-lackluster private consumption, a government report showed Monday.
S. Korea's short-term foreign debt risks fall to lowest after 2008 crisis
China's State Council, or the cabinet, on Thursday published rules to strengthen the supervision and management of debts incurred by local governments.
The portion of short-term foreign debts in South Korea rose to the highest in a year as banks increased borrowing in foreign currency, central bank data showed Wednesday.
China has seen slowing growth in local government debts since the middle of last year, an annual audit report showed on Tuesday.
South Korea's short-term foreign debts rebounded as local banks increased borrowing, central bank data showed Wednesday.
South Korea launched a broad range of reform programs on Wednesday to overhaul chronic lax management practices among public agencies, which saw their debts exceed sovereign debts.
Some South Korean conglomerates were facing growing liquidity risks amid deepening bipolarization of debt-financing and profit-generating capabilities among companies, a report by the central bank showed Thursday.
South Korea's foreign debts declined in the first quarter due to a reduction in short-term debts, offsetting a rise in long-term liabilities.
简体中文
