S. Korean Bond Yields on Dec. 16, 2021
Today (%) Previous Session(%) Change (BP) 1-year TB 1.285 1.320 -3.5 2-year TB 1.676 1.684 -0.8 3-year TB 1.766 1.808 -4.2 10-year TB 2.147 2.166 -1.9 2-year MSB 1.679 1.703…
December 16, 2021
Kia launches localized MPV model in India
SEOUL– Kia Corp., a smaller affiliate of Hyundai Motor Co., on Thursday launched the Carens multi-purpose vehicle in India to gain a share in the local family car market. The…
S. Korea’s US$60 bln currency swap deal with U.S. to expire on Dec. 31: BOK
SEOUL– South Korea’s $60 billion currency swap contract with the United States will expire as scheduled later this month as financial and economic situations at home and abroad remain stable,…
Defense minister calls for ‘voluntary’ participation in booster program
SEOUL– Defense Minister Suh Wook encouraged military personnel Thursday to join an ongoing booster shot program, casting it as the most effective way to stem the spread of COVID-19. The…
Season’s coldest weather to grip S. Korea this weekend
SEOUL– South Korea will come under the grip of the season’s coldest weather later this week, with the morning lows dipping to minus 9 C in Seoul and minus 15…
Outcome of Fed meeting to have limited impact on S. Korean market: official
SEOUL– The U.S. Federal Reserve’s announcement of plans to accelerate the tapering of its asset purchases is expected to have a limited impact on the South Korean financial market as…