The Bank of Korea (BOK) is under mounting pressure to cut its benchmark interest rate, […]
Year: 2024
Public procurement agency seeks to boost exports of innovative products
Public Procurement Service (PPS) Vice Administrator Baek Seung-bo, fourth from left, poses with delegates from […]
Financial authorities, labor ministry vow to expand retirement pension market
Financial Supervisory Service (FSS) and Ministry of Employment and Labor have jointly urged retirement pension […]
FX authorities, NPS agree to enhance FX swap deal to $50 bil.
Korea’s foreign currency authorities said Friday that they agreed with the state pension operator to […]
Paris police seal off Seine River ahead of Olympics opening ceremony
A special kind of iron curtain came down across central Paris on Thursday, with the […]
Banks benefit from gov’t pressure to raise mortgage rates
Commercial banks are apparently enjoying windfall profits again, driven by the government’s pressure to hike […]
SK chief says Nvidia could fall apart if AI sector remains unprofitable
SEOGWIPO, Jeju Island — SK Group and Korea Chamber of Commerce and Industry (KCCI) Chairman […]
Sejong City strengthens ties with Minnesota through support for Korean War veterans, adoptees
MINNESOTA — A delegation from the Sejong City Government met with Korean War veterans at […]
HD Hyundai becomes first Korean shipbuilder to sign MSRA with US Navy
HD Hyundai Heavy Industries (HHI) has become the first Korean shipbuilder to sign a master […]
Korea to look into Japanese firm’s alleged hoarding of seaweed
Japan’s Koasa Group is currently facing inquiries from the Korean government for allegedly stockpiling seaweed, […]