ABCP issues backed by Chinese bank deposits seen to top corporate bond sales in Korea

South Korean pension and savings funds are piling into short-term notes backed by time deposits at Chinese banks, lured by higher deposit rates from C...

[Interview] World Bank’s new investment head calls for review of investment period, risk limit

Incoming World Bank’s director of the investment management division, Heung-sik Choo, said that the international financial institution, which man...

SPIKE. NO EDIT HERE. Hyundai Motor Group to adopt digital twin technology

Hyundai Motor Group plans to adopt digital twin, a technology that allows the automaker to make a digital replica of a real car for simulation not...

K-pop stars earn huge capital gain from stock options

Executives and employees of top K-pop agencies such as SM Entertainment Co. and YG Entertainment Inc. are expected to earn huge capital gains from the...

DO NOT PUBLISH, BUT EDIT- BOK defies big step rate hike view on recession fears

South Korea’s central bank on Wednesday defied expectations of a big step rate hike by raising the interest rate by 25 basis points (bps) desp...