According to the housing platform Station 3, the average monthly rent for studio apartments in the vicinity of major universities in Seoul was 590,000 ($449.18) won in 2023, in addition to a deposit of 10 million won.
With the global economy s projected growth for next year slowing amid increased uncertainties, the Korea Deposit Insurance Corporation (KDIC) aims to bolster its crisis response monitoring system for the domestic financial sector, the agency s head said Friday.
This year s initial public offerings (IPOs) made on Korea s main benchmark, the KOSPI, are expected to record the poorest performances in the past five years, due mainly to increased market volatility from soaring interest rates and unfavorable external conditions.
Fundraising through new share sales in Shenzhen, Shanghai and Beijing combined plunged 71% to $1.1 billion in October from a year ago, the data shows. While China was one of the busiest corners in the world for listings last year, activity has slumped as the nations appeal fades amid fears of an economic slowdown.