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BOK Invests US$250 Million in U.S. Gold ETF After 13-Year Hiatus
Seoul: The Bank of Korea (BOK) announced that it holds over US$250 million in a gold exchange-traded fund (ETF) listed on the U.S. stock market,
Tax Agency Initiates Investigation into KB Kookmin Bank
Seoul: South Korea’s tax agency has initiated a special investigation into KB Kookmin Bank, one of the country’s major lenders, financial sources revealed on Thursday.
S. Korean Ambassador to China Mourns Death of Ex-Chinese Premier Zhu Rongji
Seoul: South Korean Ambassador to China Ro Jae-hun offered condolences Thursday over the death of former Chinese Premier Zhu Rongji, stressing Zhu’s efforts for the
Korea Investment Holdings Named Preferred Bidder for KDB Life Insurance
Seoul: Korea Investment Holdings Co., a financial holding company in South Korea, announced on Thursday that it has been designated as the preferred bidder for
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Korea Investment Holdings Named Preferred Bidder for KDB Life Insurance
Seoul: Korea Investment Holdings Co., a financial holding company in South Korea, announced on Thursday that it has been designated as the preferred bidder for
U.S. Identifies Global Transshipment Risks Involving China-Linked Goods
Seoul: U.S. President Donald Trump’s administration has identified South Korea, Japan, Taiwan, and the European Union among dozens of economies facing transshipment risks involving China-linked
South Korea to Host AI-Focused Economic Ministerial Meeting with African Nations
Seoul: South Korea will host an economic ministerial meeting with African nations next month under its vision to expand cooperation in the artificial intelligence (AI)
Trump Asserts U.S. Dominance Over Strait of Hormuz Amid Middle East Tensions
Seoul: U.S. President Donald Trump declared on Wednesday that the United States has “total” control over the Strait of Hormuz and intends to maintain that