General

(EDITORIAL from Korea Times on Aug. 13)

A recent fire in the basement parking lot of an apartment complex in Incheon, caused by a Mercedes-Benz EQE electric sedan, is fueling a growing anxiety akin to “electric vehicle (EV) phobia.” The blaze caused at least 10 billion won ($7.33 million) …

S. Korean Bond Yields on morning of Aug. 13, 2024

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

1-year TB 3.074 3.084 -1.0

2-year TB 3.023 3.034 -1.1

3-year TB 2.924 2.946 -2.2

10-year TB 2.973 3.000 -2.7

2-year MSB 2.981 2.997 -1.6

3-year CB (AA-) 3.402 3.421 -1.9

(END)

Source: Yonhap News Age…

Unionized workers at Samsung Electronics to launch 4-day strike

Samsung Electronics Co.’s labor union said Tuesday it will launch a four-day strike from Liberation Day this week, stepping up pressure over their demand for a pay raise and additional bonuses.

The National Samsung Electronics Union (NSEU), the larg…