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Home » Archives for April 21, 2024 » Page 3

April 21, 2024

Korean currency logs sharpest fall of over 7 pct in 2024 since global financial crisis

April 21, 2024

The South Korean currency has dropped more than 7 percent against the U.S. dollar so far this year, marking the sharpest fall since the 2008 global financial crisis amid geopolitical uncertainties and the resurgent dollar, data showed Sunday.

The Ko…

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Prosecutors indict SPC chief over anti-labor charges

April 21, 2024

Prosecutors on Sunday indicted the chairman of a local bakery giant with physical detention on charges of coercing bakers to quit their membership with a militant umbrella labor organization.

The Seoul Central District Prosecutors Office indicted 18…

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Corporate direct financing dips over 22 pct in March on sharp drop in bond issuance

April 21, 2024

Corporate direct financing in South Korea shrank more than 22 percent from a month earlier in March due to a sharp decline in corporate bond issuances, data showed Sunday.

Local firms raised a combined 20.5 trillion won (US$14.86 billion) by selling…

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S. Korea signs framework agreement to provide Ukraine with economic cooperation funds

April 21, 2024

South Korea has signed a framework agreement with Ukraine to provide the war-torn country with economic cooperation funds, the finance ministry said Sunday, paving the way for Seoul to carry out its pledge to supply US$2.1 billion in low-interest loa…

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PART OF SULTAN ABDUL HALIM MU’ADZAM SHAH BRIDGE TO BE CLOSED FROM TUESDAY

April 21, 2024

BATU KAWAN, Part of the Sultan Abdul Halim Mu’adzam Shah Bridge (JSAHMS), from KM12.5 to KM18.5, will be closed from Tuesday to Thursday for cable inspection work.

Jambatan Kedua Sdn Bhd (JKSB) said the closure will start from 9 am until 5 pm throug…

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