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Korea’s 30-Year Bond Yield Hits Record on Oil, Rate Hike Bets

South Korea’s 30-year government bond yield climbed to a record, as elevated energy prices and weaker demand from life insurers intensified pressure on the debt market.

We haven't written up this one. Bloomberg has the full story — the link below goes straight to it.

Read the original at bloomberg.com →

More in Finance & Markets

Asiana Shareholders Approve Korean Air Merger

The agenda for Asiana Airlines to be absorbed and merged into Korean Air was passed with overwhelming approval at the general meeting of shareholders.

  • Asiana Airlines shareholders approve merger with Korean Air on August 12.
  • 99.3% of shareholders approve merger agreement, signed May 14.
  • Integrated Korean Air set to launch December 17, 2023.