newsycanuse

South Korea eases property regulations across capital Seoul

Financial

South Korea eases property regulations across capital Seoul
© Reuters. FILE PHOTO: A building which is currently under construction is seen above a fog during a rainy day in Seoul, South Korea, July 31, 2019. REUTERS/Kim Hong-Ji

SEOUL (Reuters) – South Korea’s finance ministry said on Tuesday it was easing financial regulations on home buyers in most districts of the capital Seoul, in an effort to support the country’s sharply falling property market.

Among 25 districts in Seoul, only four will remain on the finance ministry’s “speculative area” list starting from Thursday, the ministry said. It currently consists of 15 districts.

Those to remain on the list are Yongsan-gu, Seocho-gu, Gangnam-gu and Songpa-gu, in which stricter mortgage rules and heavier taxes are imposed on home buyers.

The decision comes a day after South Korean President Yoon Suk-yeol promised to keep easing restrictions on home buyers to achieve a soft landing of the property market.

Read More
Augustine Michaud

Latest

Ninja

I tested the Ninja AutoBarista Pro, and its smart Grind iQ feature demystifies grind settings so you don’t have to master coffee science for...

0
(Image credit: Karen Freeman / Future) Before I tested and reviewed the Ninja AutoBarista Pro, I had tried every kind of coffee brewing method over the years. I ground my own beans with a high-end 20-setting electric burr grinder. I researched how to get the ideal grind for each type of bean and brewing method.
Bitcoin

Will Bitcoin Boom in 2026? Keeping Cryptocurrency Players Informed

0
By NFTevening March 6, 2026 Bitcoin has served to define the cryptocurrency community since its initial launch in 2009. While representing nothing more than an interesting investment opportunity at one time, this stablecoin has since become extremely popular throughout the online gaming community as an alternative payment method. However, even Bitcoin is not immune to
Climate

At climate summit, African leaders call for a bigger role in energy transition

0
African leaders called for regional cooperation and more climate investments, as the second Africa Climate Summit opened this Monday in Addis Ababa. Heads of state urged the continent to play a bigger role in the transition to a cleaner global economy. Speaking at the opening event, Ethiopian Prime Minister Abiy Ahmed said it's time to
Cruise

USA Cruise, Morocco Take Control, Brazil Advance On World Cup Day 9

0
```html id="s7wthc" ``` By Newspot Nigeria Sports Desk Day Nine of the 2026 FIFA World Cup brought four more group-stage matches and a clear theme across the schedule: teams that needed control went out and took it. The United States defeated Australia 2-0 to book a place in the next round, Morocco edged Scotland to

Newsletter

Don't miss

Ninja

I tested the Ninja AutoBarista Pro, and its smart Grind iQ feature demystifies grind settings so you don’t have to master coffee science for...

0
(Image credit: Karen Freeman / Future) Before I tested and reviewed the Ninja AutoBarista Pro, I had tried every kind of coffee brewing method over the years. I ground my own beans with a high-end 20-setting electric burr grinder. I researched how to get the ideal grind for each type of bean and brewing method.
Bitcoin

Will Bitcoin Boom in 2026? Keeping Cryptocurrency Players Informed

0
By NFTevening March 6, 2026 Bitcoin has served to define the cryptocurrency community since its initial launch in 2009. While representing nothing more than an interesting investment opportunity at one time, this stablecoin has since become extremely popular throughout the online gaming community as an alternative payment method. However, even Bitcoin is not immune to
Climate

At climate summit, African leaders call for a bigger role in energy transition

0
African leaders called for regional cooperation and more climate investments, as the second Africa Climate Summit opened this Monday in Addis Ababa. Heads of state urged the continent to play a bigger role in the transition to a cleaner global economy. Speaking at the opening event, Ethiopian Prime Minister Abiy Ahmed said it's time to
Cruise

USA Cruise, Morocco Take Control, Brazil Advance On World Cup Day 9

0
```html id="s7wthc" ``` By Newspot Nigeria Sports Desk Day Nine of the 2026 FIFA World Cup brought four more group-stage matches and a clear theme across the schedule: teams that needed control went out and took it. The United States defeated Australia 2-0 to book a place in the next round, Morocco edged Scotland to
cancer

Cancer: Nigeria empowers patients with N50m lifetime

0
….As 200 beneficiaries get N100.000 each  AKOR SYLVESTER, Abuja The federal government has unveiled a N50 million Social Determinants of Health (SDoH) Fund to support cancer patients to enable them to meet the challenges of transportation, accommodation, feeding and other non-medical issues. The Minister of State for Health and Social Welfare, Iziaq Adekunle Salako, who
newsycanusehttps://newsycanuse.com

Business seminar in Munich highlights Hong Kong’s strategic roles amidst global shifts (with photos)

Business seminar in Munich highlights Hong Kong's strategic roles amidst global shifts (with photos) ******************************************************************************************      The Hong Kong Economic and Trade Office, Berlin (HKETO Berlin), promoted Hong Kong's unique advantages and strategic roles at the seminar "Hong Kong's strategic role amidst geopolitical tensions" on June 18 (Munich time) in Munich, Germany.             Senior executives, investors
Read more

AI for business services: From job fears to productivity

AI for business services: From job fears to productivity
Read more

Business Insurance-AZ Achieves Record Response Times for 2026 Arizona Construction Bids

Business Insurance-AZ achieves milestone response speeds for commercial construction bids across Arizona, accelerating documentation delivery to keep local projects moving forward without delay. Phoenix, AZ, June 06-2026, ZEX PR WIRE — Business Insurance-AZ has achieved record-breaking processing speeds and response times for commercial construction bids throughout Arizona, directly supporting the state’s massive infrastructure and advanced manufacturing boom
Read more