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Home » Archives for June 5, 2024 » Page 5

June 5, 2024

(LEAD) New Nat’l Assembly speaker elected; 1st plenary meeting held without ruling party

June 5, 2024

Five-term lawmaker Woo Won-shik was elected as the new National Assembly speaker Wednesday in a unilateral vote by the opposition parties at a plenary meeting with lawmakers of the ruling People Power Party (PPP) boycotting the session.

It marked th…

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S. Korea holds interagency response meeting against N.K. trash-carrying balloons

June 5, 2024

South Korea on Wednesday held an interagency meeting to discuss safety measures against North Korea’s recent series of provocative acts, including its sending of trash-carrying balloons, the Joint Chiefs of Staff (JCS) said.

The meeting, led by Lt. …

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Seoul shares rise over 1 pct on U.S. rate cut hopes

June 5, 2024

South Korean stocks rose more than 1 percent Wednesday backed by gains of chip and battery shares amid hopes for a rate cut by the Federal Reserve. The local currency rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…

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Seoul shares rise over 1 pct on U.S. rate cut hopes

June 5, 2024

South Korean stocks rose more than 1 percent Wednesday backed by gains of chip and battery shares amid hopes for a rate cut by the Federal Reserve. The local currency rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…

Read More »

Delinquency ratio on real estate PF loans spikes in Q1

June 5, 2024

The delinquency ratio on real estate project financing (PF) loans rose sharply in the first quarter of the year from three months earlier, data showed Wednesday, amid concerns about possible risks stemming from such loans.

The delinquency ratio on r…

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