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Yoon announces 25 tln-won support package for micro business owners
President Yoon Suk Yeol on Wednesday announced a 25 trillion-won (US$18 billion) package of support measures for struggling micro business owners, saying providing tailored
Regulator imposes 27.1 bln won in fines on 2 foreign banks for illegal stock short selling
The financial regulator imposed record fines Wednesday on two global investment banks (IBs) in South Korea for illegal stock short selling.
The Financial Services
(LEAD) Online petitioners calling for Yoon’s impeachment reach 1 mln
The number of people demanding the impeachment of President Yoon Suk Yeol surpassed the 1 million mark Wednesday on the National Assembly’s petition website.
S. Korean Bond Yields on July 3, 2024
Today (%) Previous Session(%) Change (BP)
1-year TB 3.254 3.261 -0.7
2-year TB 3.199 3.209 -1.0
3-year TB 3.160 3.169 -0.9
10-year TB 3.274
General
Seoul Shares Decline Over 1 Percent Amid AI Investment Concerns
Seoul: Seoul shares fell by more than 1 percent Thursday as retail investors heavily sold tech stocks following deep declines over the previous two sessions
U.S. Military Drone Prompts Civilian Evacuation Near Inter-Korean Border
Seoul: A U.S. military drone flew over an inter-Korean border region during combined drills with South Korea on Thursday, military officials said, prompting residents in
Jogye Order Offers Discounted Temple Stays for Foreigners Next Month
Seoul: “Temple stays,” overnight cultural programs at Buddhist temples, will be offered at a discounted rate for foreign visitors and residents next month, organizers said
Lee Highlights South Korea’s First-Ever FTA, ‘Enduring’ Friendship with Chile
Seoul: President Lee Jae Myung emphasized on Wednesday that Chile was the first country to establish a free trade agreement (FTA) with South Korea, underlining