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Money supply rises in June amid restrictive policy: BOK

South Korea’s money supply increased in June from a month earlier amid an extended tightening policy mode, central bank data showed Tuesday.

The country’s M2, a key gauge of the money supply, stood at 4,037.6 trillion won (US$2.944 trillion) in June…

Power demand hits all-time high amid scorching heat

South Korea’s electricity demand hit an all-time high Monday as the country was struck by scorching summer heat, data showed Tuesday.

The country’s maximum power demand reached 102.327 gigawatts between 2-3 p.m. Monday, surpassing the previous recor…

Seoul shares open higher ahead of key U.S. economic data

South Korean stocks opened slightly higher Tuesday as investors are awaiting the release of major U.S. economic data due later this week.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 5.8 points, or 0.22 percent, to 2,624.10 in the fi…