Five major banks exhaust expanded household loan quota within a month
Outstanding household loan balances at major commercial banks have continued to rise, exceeding this year's annual targets once again. The additional lending capacity granted following last month's deregulation has been rapidly exhausted, and analysts expect household loan thresholds to remain elevated through year-end.
Card revolving balances rise for 5th straight month as households feel the pinch
Even as key economic indicators improve on the back of a semiconductor boom, households are still struggling in the real economy. Revolving credit balances — where cardholders carry over part of their bill to the following month — have risen for five consecutive months, with analysts saying the burden of financing and repayment continues to weigh on the self-employed and low-credit borrowers. Card loan balances, by contrast, have fallen for three straight months, but industry insiders say the de
STOCKFlex System files for preliminary Kosdaq listing review
Flex System, a company specializing in aerospace and defense testing solutions, said Tuesday it had submitted a preliminary listing application to Korea Exchange to pursue a Kosdaq listing. The filing comes about two months after the company passed a technology evaluation in July, with Daishin Securities serving as the listing underwriter. Founded in 2001, Flex System provides full-cycle test and evaluation solutions covering development, mass production and operations in the aerospace and defen
INDUSTRYPosco Future M targets 45-day-to-1-day production leap in anode race against China
Posco Future M is pursuing a two-pronged push in the anode material market — building a non-China supply chain while overhauling its production process. The company plans to establish graphite production hubs in Saemangeum and Vietnam, and is developing technology to slash the lead time for artificial graphite production from roughly 45 days to just one day. The goal is to close the cost gap with Chinese rivals and capture a larger share of the non-China anode market. Posco Future M plans to bri
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