August 21, 2024

Imports of Japanese beverages jump on weak yen

South Korea’s imports of beer and other alcoholic beverages from Japan jumped in the January-July period from a year earlier, helped by a weakening yen, the customs office said Wednesday.

Beer imports from Japan soared 66 percent to US$37.8 million …

Regulator warns of tighter curbs on home loans

The country’s financial regulator said Wednesday it may adopt more enhanced criteria on home loans should the measures fail to curb the rising of such loans.

Starting in September, the tightened curbs will be applied to mortgage loans so that new mo…

S. Korean Bond Yields on Aug. 21, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.052 3.058 -0.6

2-year TB 3.044 3.048 -0.4

3-year TB 2.940 2.944 -0.4

10-year TB 2.997 2.999 -0.2

2-year MSB 3.004 3.006 -0.2

3-year CB (AA-) 3.439 3.442 -0.3

91-day CD 3.520 3.510 +1.0

So…

S. Korea holds regular defense drills around Dokdo: source

South Korea conducted regular defense drills near its easternmost islets of Dokdo on Wednesday, a military source said, marking the fifth of its kind under the current Yoon Suk Yeol administration.

The biannual drills took place in waters near the p…