Author: User2

Kakao Bank seeks to raise as much as 2 tln won via IPO

SEOUL, June 28 (Yonhap) — Kakao Bank, South Korea’s largest internet-only bank, said Monday that it plans to raise 2 trillion won (US$1.76 billion) through an initial public offering (IPO)....

Rainy season forecast to start on Jeju on Friday

SEOUL, June 28 (Yonhap) — South Korea is expected to enter the summer rainy season this week, nearly two weeks later than usual, the state weather agency said Monday. The...

S. Korean Bond Yields on Jun. 28, 2021

Today (%) Previous Session(%) Change (BP) 1-year TB 0.943 0.908 +3.5 2-year TB 1.324 1.289 +3.5 3-year TB 1.470 1.441 +2.9 10-year TB 2.137 2.100 +3.7 2-year MSB 1.322 1.290...

S. Korea ups 2021 growth outlook to 4.2 pct

SEOUL, June 28 (Yonhap) — South Korea’s finance ministry on Monday sharply raised its 2021 growth outlook for the country’s economy amid robust exports and reviving consumption. The government forecast...