(EDITORIAL from Korea Times on Aug. 14)
President Yoon Suk Yeol’s reshuffle, which involves replacing two key positions – the defense minister and the director of the National Security Council (NSC) – has raised concerns. He has nominated current Defense Minister Shin Won-sik to be the NSC…
Int’l tourism to N. Korea’s Samjiyon to resume in Dec.: tour agency
International tourism to Samjiyon and likely the rest of North Korea will resume in December after a four-year hiatus due to the COVID-19 pandemic, a Beijing-based tour agency said Wednesday.
Koryo Tours, which specializes in North Korea tours, said…
Gov’t to secure additional COVID-19 treatments this month: presidential office
The government will secure and distribute additional COVID-19 treatments before the end of this month to fight a resurgence of infections nationwide, a presidential official said Wednesday.
South Korea has seen a sharp increase in the number of COVI…
Presidential office denounces DP for politicizing anti-corruption official’s death
The presidential office condemned Wednesday the main opposition Democratic Party (DP) for politicizing the recent death of an anti-corruption official involved in a probe into first lady Kim Keon Hee’s acceptance of a luxury handbag gift.
Presidenti…
S. Korea, Britain discuss bilateral economic cooperation
Industry Minister Ahn Duk-geun has discussed ways to develop bilateral economic cooperation with his British counterpart, officials said Wednesday.
Ahn held a virtual meeting with his British counterpart, Jonathan Reynolds, to discuss various econom…
(LEAD) Seoul shares up for 4th day on hopes for rate cuts by Fed
South Korean stocks closed higher for the fourth consecutive session Wednesday as cooler-than-expected U.S. producer price data soothed concerns and boosted investors’ sentiment. The local currency sharply rose against the U.S. dollar.
The benchmark…
S. Korean Bond Yields on Aug. 14, 2024
Today (%) Previous Session(%) Change (BP)
1-year TB 3.049 3.072 -2.3
2-year TB 3.000 3.026 -2.6
3-year TB 2.888 2.918 -3.0
10-year TB 2.945 2.974 -2.9
2-year MSB 2.953 2.976 -2.3
3-year CB (AA-) 3.370 3.395 -2.5
91-day CD 3.490 3.490 0.0
Sou…
4 YouTubers indicted over ‘mukbang’ star blackmail case
Prosecutors indicted four YouTubers on Wednesday on charges of blackmailing and extorting “mukbang” star Tzuyang or abetting the crimes.
The Suwon District Prosecutors Office indicted Lee Jun-hee and Jeon Kuk-jin, known by their YouTube channel name…