CNH Industrial announces management changes for new On-Highway business

London, July 5, 2021 Ahead of the previously announced spin-off of its On-Highway business and the designation of Gerrit Marx as the Chief Executive Officer, CNH Industrial N.V. (NYSE: CNHI / MI: CNHI) announces the first Newco senior leadership team appointments for Operations and Powertrain. Effective October 1, 2021, Annalisa Stupenengo will assume global responsibility […]

Main opposition party selects 20-something co-spokespeople

SEOUL– With a 36-year-old leader in charge, the main opposition People Power Party (PPP) selected a pair of 27-year-olds as its new co-spokespeople.The party will continue to serve the youth, with Lim Seung-ho and Yang Jun-woo having finished first an…

Apartment prices soar fivefold in Sejong under Moon presidency: civic group

SEOUL– Prices of apartments set aside for public servants in the administrative capital of Sejong rose fivefold in the past four years, a civic group said Monday.The Citizens’ Coalition for Economic Justice announced the results of its study that has …

S. Korea, Netherlands to hold virtual summit talks Wednesday

SEOUL– The leaders of South Korea and the Netherlands will hold virtual summit talks this week on bilateral ties and global issues, Cheong Wa Dae announced Monday.President Moon Jae-in plans to have the summit with Dutch Prime Minister Mark Rutte on W…

Rival parties to pass COVID-19 response extra budget bill by late July

SEOUL– Rival parties agreed Monday to advance the latest COVID-19 response extra budget bill through the National Assembly by late July.The agreement was made during a meeting earlier in the day between Rep. Han Byung-do and Rep. Choo Kyung-ho, deputy…

Moon warns of stern punishment against acts of hampering antivirus fight

SEOUL– President Moon Jae-in warned Monday again that the government will take stern measures against the violation of social distancing rules.He made clear that illegal massive rallies cannot be an exception, apparently referring to collective action…

S. Korea, Israel to speed up joint R&D projects

SEOUL– South Korea and Israel said Monday they plan to speed up joint research and development (R&D) projects to cope with the changing business environment amid the COVID-19 pandemic.The announcement came after the two…

KOSPI 200 Closing Price List-5

SK Innovation 270,500 UP 1,000POONGSAN 37,850 DN 200KBFinancialGroup 54,000 DN 500Hansae 23,200 DN 150LG HAUSYS 107,000 UP 2,500Youngone Corp 43,200 DN 700CSWIND 76,600 UP 1,300GKL 16,700 UP 300KOLON IND 79,100 DN 1,800HanmiPharm 377,500 UP 23,000BNK F…

S. Korean Bond Yields on Jul. 5, 2021

Today (%) Previous Session(%) Change (BP)1-year TB 0.941 0.956 -1.52-year TB 1.288 1.304 -1.63-year TB 1.462 1.484 -2.210-year TB 2.089 2.101 -1.22-year MSB 1.294 1.305 -1.13-year CB (AA-) 1.962 1.984 -2.291-day CD 0.690 0.690 0.0Source: Yonhap News Ag…

Finance minister warns against excessive anticipation for home price gains

SEOUL– South Korea’s top economic policymaker warned Monday that there are still excessive expectations for further increases in home prices despite the government’s repeated warning against speculative demand for houses.Finance Minister Hong Nam-ki s…