Disputes are heating up in South Korea over whether the Yoon Suk Yeol administration should go ahead with its controversial tax-reduction initiatives even though revenue is forecast to decline this year as a result of sluggish corporate earnings.
Th…
President Yoon Suk Yeol on Wednesday announced a 25 trillion-won (US$18 billion) package of support measures for struggling micro business owners, saying providing tailored support is better than universal cash handouts.
Yoon unveiled the package du…
South Korea’s foreign reserves declined for a third consecutive month in June due to the central bank’s foreign currency swap with the country’s national pension fund and the repayment of foreign exchange stabilization bonds, central bank data showed…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.254 3.261 -0.7
2-year TB 3.199 3.209 -1.0
3-year TB 3.160 3.169 -0.9
10-year TB 3.274 3.289 -1.5
2-year MSB 3.207 3.209 -0.2
3-year CB (AA-) 3.624 3.634 -1.0
91-day CD 3.580 3.600 -2.0
So…
Prime Minister Han Duck-soo struck a hopeful note on the economy Wednesday, saying he thinks the only way interest rates can go is down.
Han made the remark while attending a government meeting led by President Yoon Suk Yeol to discuss the direction…
Torsak gave his first media interview after returning to the position of national police chief, confirming that he has not resigned and is still performing his duties. He declined to comment on the National Police Commission’s resolution regarding ‘B…
The Bangkok governor is confident that the purchase of EV garbage trucks is transparent and that the public can check the information at every step.
In the case where the National Anti-Corruption Commission (NACC) signed a letter No. PACC 0008/0114 …
SEOUL, The financial regulator on Tuesday published a guideline for the revised corporate governance code for financial firms that requires companies to clearly state who is responsible for certain actions or decisions.
The revised law, set to go in…
Crime Suppression Police, together with Provincial Police, launched Operation ‘Phithak Pracharat 767’, searching 183 locations nationwide to crack down on illegal influence. The latest arrest is the grandson of ‘Sak Pakro’, a former brutal murderer i…
SEOUL, Singapore-listed hospitality firm Banyan Group is considering local acquisitions or joint ventures (JVs) with South Korean brands to strengthen its presence in Asia’s fourth-biggest economy, the company’s chief executive has said.
Banyan Grou…