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S. Korea raises 2024 economic growth outlook to 2.6 pct

The South Korean government raised its forecast for economic growth in 2024 to 2.6 percent Wednesday, citing solid exports and a global economic recovery.

The latest projection marks a 0.4 percentage-point increase from its previous outlook presente…

Police vow to speed up probe into deadly car crash

Police investigating the deadly car crash that killed nine people in downtown Seoul earlier this week said Wednesday they will speed up the probe as soon as the injured perpetrator’s physical condition improves.

The Seoul Namdaemun Police Station sa…

Highway police intercept drug-fueled van driving recklessly

The Central Investigation Bureau (CIB) arrested a van driver who was smoking crystal meth and driving with a full load of passengers. In the end, the passengers could not stand it and called the Highway Police for help.

The Central Investigation Bur…

(2nd LD) Police vow to speed up probe into deadly car crash

Police investigating the deadly car crash that killed nine people in downtown Seoul earlier this week said Wednesday they will speed up the probe as soon as the injured perpetrator’s physical condition improves.

The Seoul Namdaemun Police Station sa…

FSS chief calls for innovation in securities firms

The head of the financial regulator on Wednesday urged securities firms to change the way they do business, as well as where they invest, stressing the need for innovation to ensure growth.

Lee Bok-hyun, chief of the Financial Supervisory Service (F…

S. Korean Bond Yields on morning of July 3, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.258 3.261 -0.3

2-year TB 3.215 3.209 +0.6

3-year TB 3.177 3.169 +0.8

10-year TB 3.287 3.289 -0.2

2-year MSB 3.215 3.209 +0.6

3-year CB (AA-) 3.641 3.634 +0.7

Source: Yonhap News Agency

S. Korea raises 2024 economic growth outlook to 2.6 pct

The South Korean government raised its forecast for economic growth in 2024 to 2.6 percent Wednesday, citing solid exports and a global economic recovery.

The latest projection marks a 0.4 percentage-point increase from its previous outlook presente…