‘Squid Game’ exposes social realities, much like ‘Parasite’
SEOUL– The popularity of the new Netflix Korean series, “Squid Game,” can be attributed in large part to its exposure of social and capitalist realities, critics said Thursday. In that…
September 23, 2021
S. Korea vigilant against market volatility from Evergrande woes
SEOUL– South Korea plans to closely monitor financial markets as China Evergrande Group’s debt problems could increase market volatility, a senior government official said Thursday. Global financial markets were rattled…
KEPCO to up electricity rate for 1st time in 8 yrs amid rising costs
SEOUL– The Korea Electric Power Corp. (KEPCO), South Korea’s state-run utility firm, announced Thursday it plans to raise the electricity rate in the fourth quarter of 2021 to reflect the…
FM Chung calls for ‘snap-back’ incentives to bring N. Korea back to dialogue
SEOUL– The United States and South Korea should actively consider offering conditional incentives to North Korea to bring the regime back to denuclearization talks, Seoul’s top diplomat has said. Foreign…
S. Korean Bond Yields on Sep. 23, 2021
Today (%) Previous Session(%) Change (BP) 1-year TB 1.086 1.082 +0.4 2-year TB 1.418 1.402 +1.6 3-year TB 1.558 1.535 +2.3 10-year TB 2.099 2.068 +3.1 2-year MSB 1.406 1.381…
Seoul stocks down on Powell’s tapering comments, Evergrande scare
SEOUL– South Korean stocks retreated Thursday after the three-day Chuseok holiday in the face of comments by the U.S. Federal Reserve’s chief that it could start tapering its stimulus as…