Leading Chinese brokerages expressed optimism for domestic tech shares in August, distinguishing them from sharp sell-offs in South Korean financial markets.
Household loans at South Korea's five major banks significantly increased by 3.8 trillion won in July, reaching 778.8 trillion won. This rise, driven by mortgage and credit loans, occurred despite tight regulations, fueled by strong demand amid surging housing prices in Seoul and investors seeking bargains after a stock market drop.
Seoul shares plummet 5.25% amid Middle East tensions, heat wave intensifies with record lows, missing sailor's body recovered, exports surge 53.9% driven by chips, and Homeplus temporarily closes outlets due to financial woes.
