The recent plunge in Tesla s stock price has unnerved domestic investors, but the net-buying trend favoring the U.S. electric vehicle maker remains unchanged, according to the latest data.
The first Asia Star Entertainer Awards unveils its second lineup featuring DAY6, Billlie, and Fantasy Boys. The inaugural event at K-Arena Yokohama will be hosted by Taecyeon and Yuri. Read on.
Aiming to minimize customer inconvenience, the heads of financial authorities and the local bank association plan to normalize the country s bank operation hours to pre-pandemic standards. Since July 2021, banks nationwide have been operating from 9:30 a.m. to 3:30 p.m., which is an hour shorter than their previous operating hours of 9 a.m. to 4 p.m. before the pandemic.
In a move to provide necessary liquidity to local credit markets, the CEOs of 20 Korean banks pledged Wednesday to minimize the issuance of bank notes, while continuing to purchase various commercial papers (CP), asset-backed commercial papers (ABCP) and repurchase agreements (RP or repos), a short-term agreement to sell securities in order to buy them back at a higher price.