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South Korea WGBI Entry Boosts Foreign Bond Demand
BusinessKorea Heraldyonhap-english3mo ago2 sources

South Korea WGBI Entry Boosts Foreign Bond Demand

South Korea's inclusion in the World Government Bond Index (WGBI) has resulted in a notable increase in foreign demand and holdings of its government bonds. This development reflects growing international investor confidence in the nation's financial market.

South Korea Considers New Agency for Youth Policy
PoliticsKorea Herald12d ago

South Korea Considers New Agency for Youth Policy

The South Korean government is exploring the establishment of a dedicated agency to focus exclusively on youth policies, aiming to implement measures that directly address the needs of younger generations.

South Korea to Streamline Semiconductor Equipment Imports
BusinessKorea Herald2mo ago

South Korea to Streamline Semiconductor Equipment Imports

The South Korean government plans to streamline import procedures for key semiconductor manufacturing equipment, such as extreme ultraviolet (EUV) machines, to support the nation's booming chip industry and maintain its global competitiveness.

PM to visit US, Switzerland in bid to host 'UN AI hub'
PoliticsKorea Herald5mo ago

PM to visit US, Switzerland in bid to host 'UN AI hub'

Prime Minister Kim Min-seok will travel to the United States and Switzerland later this week as South Korea launches its bid to host a platform for the United Nations bodies dedicated to artificial intelligence, which could collaborate with the South Korean government or private-sector companies. South Korea aims to secure a joint project with the UN and share necessary AI infrastructure through the launch of an "UN AI hub," Kim said in a meeting at the Government Complex Seoul on Tuesday. He ca

HD Hyundai chair highlights Korea-Philippines ties during Manila visit
WorldKorea Herald5mo ago

HD Hyundai chair highlights Korea-Philippines ties during Manila visit

HD Hyundai Chair Chung Ki-sun visited the Philippines this week as part of the South Korean government’s economic mission, paying tribute to Korean War veterans, attending a bilateral business forum and inspecting the group’s shipyard operations in Subic Bay. On Wednesday, Chung visited Libingan ng mga Bayani, the national cemetery in Manila, where he laid flowers at the Korean War Memorial Pylon. The Philippines was the first Asian country to dispatch combat troops during the Korean War, sendin