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Xinhua world economic news summary at 0900 GMT, Feb. 22

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SEOUL -- South Korean banks' loan delinquency ratio fell in December last year due to more bad loan settlements than new delinquent loans ahead of the end of the year, financial watchdog data showed Thursday.

Bank loans overdue at least one month were 0.38 percent of the total at the end of December, down 0.08 percentage points from a month earlier, according to the Financial Supervisory Service (FSS). (South Korea-Loan Delinquency-December)

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HANOI -- Vietnam's aquatic product exports in January surged 60.8 percent year-on-year to 730 million U.S. dollars, Vietnam News Agency reported Thursday, citing the Ministry of Industry and Trade.

The statistics have made a positive signal for the whole year with exports of key aquatic products expected to recover following a setback last year, the report said. (Vietnam-Aquatic Product)

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WELLINGTON -- New Zealanders' average mortgage payments increased 27.5 percent in the year ended June 2023, leading to more households spending a large proportion of their budget on housing costs, reducing the amount available for meeting other everyday expenses, according to the statistics department Stats NZ on Thursday.

Average weekly expenditure on mortgage payments, for households with a mortgage, was 605.6 NZ dollars (374.68 U.S. dollars), compared with 475 NZ dollars (293.88 U.S. dollars) in the previous year, up 27.5 percent, which is the biggest single-year increase since 2008, Stats NZ said. (NZ-Mortgage Payments) Enditem

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