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Minimum wage for 2025 surpasses 10,000 won for 1st time

The minimum wage for next year was set at 10,030 won (US$7.30) per hour Friday, marking the first time the compulsory hourly minimum wage has surpassed the 10,000 won level.

The rate reached during the 11th plenary meeting of the Minimum Wage Commis…

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S. Korean Bond Yields on morning of Jul. 12, 2024

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

1-year TB 3.206 3.216 -1.0

2-year TB 3.175 3.209 -3.4

3-year TB 3.119 3.163 -4.4

10-year TB 3.197 3.234 -3.7

2-year MSB 3.164 3.200 -3.6

3-year CB (AA-) 3.569 3.614 -4.5

(END)

Source: Yonhap News Age…