Wire

Wire

Korea’s government bond for ordinary savers: better than stocks?

South Korea's Ministry of Economy and Finance is promoting individual treasury bond purchases as an alternative to concentrated equity exposure (Samsung Electronics, SK hynix). Rising rates in major economies and a range-bound domestic stock market have shifted investor appetite toward fixed-income.

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Blue House Drops Plan to Challenge Chief Justice Over Court Pick Dispute

Chief Justice Cho Hee-dae has declined the Blue House's request to re-nominate a Supreme Court justice, citing his inability to comply. The dispute centers on judicial independence and presidential authority over court appointments—a longstanding tension in Korea's system where the President nominat

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Korea Confirms Three New Cabinet Ministers: Finance, Defense, and Land

President Lee Jae Myung appointed three ministers on Sept. 22: finance, defense, and land/housing. Directly affects housing policy (land minister handles construction and jeonse—the deposit-based rental system unique to Korea) and economic oversight. This follows cabinet reshuffle cycles as Lee cons

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Korea’s Sept. 20-Day Exports Top $70 Bln for the First Time

Exports surged 78% year-on-year to exceed $70 billion for the first time in the first three weeks of September, driven by semiconductor shipments. The Korea Customs Service released the data September 23. This reflects continued global demand for chips and South Korea's dependence on semiconductor e

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North Korea Fires Two Missiles as U.S.-China Summit Looms

North Korea conducted a joint drill of long-range artillery and missile units on September 12, with state media announcing it three days later. The timing near a U.S.-China summit suggests messaging to regional powers. This is part of North Korea's regular weapons testing cycle, which accelerates ar