The South Korean government sold its first yen bond, worth ¥70bn ($474mn), on Thursday in a sign of improving relations with Japan and as debt issuers from around the world flock to Tokyo this year to …
S. Korea issues FX stabilization bonds worth 70 bln yen
South Korea’s finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen (US$473.5 million). It marked the first time for South Korea to …
S. Korea issues FX stabilization bonds worth 70 bln yen
South Korea’s finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen (US$473.5 million). It marked the first time for South Korea to …
South Korea’s Yoon Says Rules-Based Order Crucial in South China Sea
SEOUL (Reuters) – South Korean President Yoon Suk Yeol said on Thursday any attempts to change the status quo by force in the South China Sea cannot be tolerated, calling for a rules-based maritime order in the region, his office said.
S. Korea’s inflation set to moderate toward 2 pct by end-2024: IMF team
Last month, South Korea’s finance ministry proposed a budget of 656.9 trillion won (US$493 billion) for 2024, up 2.8 percent from this year’s budget of 638.7 trillion won. It slowed sharply from the …
South Korean shares end flat amid caution over China real estate troubles
** South Korean shares ended marginally lower on Tuesday as investors stayed cautious amid real estate troubles in China. ** The won dropped the most in a month while the benchmark bond yield rose. ** …
South Korea Plans Bill to Track and Freeze North Korean Crypto Assets Funding Weapons Programs
The South Korean government is reportedly preparing to introduce legislation aimed at tracking and freezing North Korean cryptocurrency and virtual assets used to finance illicit weapons … assets …
South Korea says it’s making efforts to transfer Iran’s frozen funds
Efforts are under way to transfer Iran’s funds that had been frozen in South Korea, foreign minister Park Jin said, after Teheran reached a deal with the United States to release American citizens in return for freeing Iranian assets.
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …
Effects of China slowdown spreading
The situation is being regarded with increasing alarm in the South Korean political establishment and the country’s finance ministry has set up a special task force to monitor the economic situation …