July 9, 2024

Bond traders expect BOK to freeze key rate this week

Almost all bond traders expected the Bank of Korea (BOK) to freeze its key rate this week for the 12th straight session, a survey showed Tuesday.

According to the survey of 100 bond traders, conducted by the Korea Financial Investment Association la…

Strike at Samsung Electronics enters 2nd day

Thousands of unionized workers at Samsung Electronics halted work for a second day over a pay raise Tuesday, as part of their three-day strike that marked the biggest labor action in the technology giant’s 55-year history.

The National Samsung Elect…