Oceans Minister Kang Do-hyung said Thursday the government has no plans for now to restart the sale process of South Korea’s top container shipper, HMM Co., after negotiations fell apart last month.
“We have no plan to restart sales of HMM for now,” …
South Korean stocks opened higher Thursday as U.S. Federal Reserve Chair Jerome Powell hinted that the rate cut is likely “at some point this year.”
The benchmark Korea Composite Stock Price Index added 9.77 points, or 0.37 percent, to 2,651.26 in th…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.442 3.447 -0.5
2-year TB 3.420 3.420 0.0
3-year TB 3.321 3.325 -0.4
10-year TB 3.399 3.381 +1.8
2-year MSB 3.384 3.381 +0.3
3-year CB (AA-) 3.959 3.962 -0.3
91-day CD 3.680 3.680 0.0
Sourc…
South Korean stocks closed slightly higher Thursday after U.S. Fed Chairman Jerome Powell hinted at a possible rate cut this year, while acknowledging economic uncertainties still remain. The local currency gained against the U.S. dollar.
The benchma…
The government has begun forming a committee responsible for allocating 2,000 additional medical school admission seats to universities, officials said Thursday, amid continuing protests from doctors against the plan.
The move came as the government …