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ECONOMY

Foreign reserves rise for 2nd straight month on FX bond issuance

Korea's foreign exchange reserves rose for a second straight month to $427.95 billion (about 612.18 trillion won). Despite a drag from the currency swap with the National Pension Service, this was offset by proceeds from newly issued foreign currency-denominated Foreign Exchange Equalization Fund Bonds, investment returns on foreign currency assets, and an i..

Market volatility and rising interest rates drive idle funds into top 5 banks
As the stock market undergoes violent swings and market interest rates continue their upward trajectory, idle funds from both investors and corporations ar..

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