Korean households put far more wealth in nonfinancial assets than U.S., Japan or Britain

Korean households put far more of their wealth into nonfinancial assets such as real estate than in the U.S., Japan or Britain, underscoring concerns that capital is flowing disproportionately into property instead of financial markets.

2025-12-08

20-somethings see slowest real income growth over past decade

People in their 20s saw the slowest growth in real income over the past decade, according to a new report, amid worsening job quality and increasing living costs despite improved employment figures.

2025-09-29

'Resting' young people have cost Korea $38.3B since 2019, report claims

Young Koreans who are not employed or seeking jobs have cost the economy $38.3 billion in five years, according to the Federation of Korean Industries.

2025-08-18

7 in 10 households say financial situation has worsened, poll shows

Around seven out of 10 Korean households perceive their financial situation as having worsened compared to a year ago due to inflation, a poll showed Thursday.

2025-03-20

Business sentiment remains pessimistic over weak won, global uncertainty

Korea's business sentiment remains pessimistic for February, a poll showed Wednesday, amid the weakening of the won and growing uncertainty at home and abroad.

2025-01-22

Sales of domestic market companies fall in H1 as consumer spending slows

Sales of domestic market-oriented companies saw an on-year decline in the first half of the year for the first time since 2020 due to sluggish consumer spending, a market analysis showed Wednesday.

2024-11-13

FKI points to Africa's car market, minerals as sectors for cooperation

A report from the Federation of Korean Industries noted that Africa's expanding car market and abundant EV-related minerals present collaborative opportunities for Korean businesses.

2024-06-04

Business sentiment fails to buck 2-year pessimism trend in March

A 4.7-point increase over February's index wasn't enough to break the 100-point threshold, although the manufacturing industry turned optimistic for the first time in two years.

2024-02-27

FKI urges Korea-Japan-U.S. economic alliance

Federation of Korean Industries (FKI) Chairman Ryu Jin suggested forming an economic alliance between Korea, Japan and the United States in letters sent to the federation’s global partners.

2023-09-06

KCCI, FKI chiefs meet to discuss cooperation

Chey Tae-won, chairman of the Korea Chamber of Commerce and Industry (KCCI), met with the newly appointed chairman of the Federation of Korean Industries (FKI) on Friday.

2023-08-25

korea joongAng daily