September 3, 2024

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Financial regulator to conduct inspection of crypto exchanges

The financial regulator said Tuesday it will soon launch an inspection of virtual asset exchanges to check for any illegal or unfair transactions.

The planned inspection will be the first of its kind since the country introduced tougher rules agains…

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(2nd LD) BOK chief says time to consider rate cut as inflation cools

Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.

“In terms of stability of consumer prices, it is time to sufficiently consider lowering a benchm…

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S. Korean Bond Yields on morning of Sep. 3, 2024

[as of 11:30 am]

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

1-year TB 3.056 3.063 -0.7

2-year TB 3.087 3.091 -0.4

3-year TB 2.992 2.989 +0.3

10-year TB 3.117 3.121 -0.4

2-year MSB 3.046 3.051 -0.5

3-year CB (AA-) 3.549 3.542 +0.7

Source: Yonh…