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South Korea asks banks to prepare $4 bln to support credit union -sources

South Korea s financial services regulator has asked major commercial banks to prepare around $4 billion in financing to support a credit cooperative hit by customer withdrawals, two banking sources.

South Korea asks banks to prepare $4bln to support credit union -sources

South Korea asks banks to prepare $4bln to support credit union -sources
zawya.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from zawya.com Daily Mail and Mail on Sunday newspapers.

Anti-corruption watchdog chief pressured to resign for singing Christian hymn

Kim Jin-wook, the chief of the Corruption Investigation Office for High-ranking Officials (CIO) is facing pressure to resign after singing a Christian hymn during the group s New Year commencement meeting on Monday. During the meeting, Kim introduced German Lutheran pastor Dietrich Bonhoeffer s poem titled, “Von guten Machten,” (“By Good Forces”) and sang a contemporary Christian hymn with lyrics from the poem, according to the legal circle, Thursday.

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