BOK, Bank Indonesia sign MOU on cooperation in cross-border payments

The Bank of Korea (BOK) said Monday that it has signed a memorandum of understanding (MOU) with Bank Indonesia to promote cross-border payments. The MOU, based on the 2022 bilateral cooperation agreement on central banking, aims to accelerate closer cooperation on the interoperability of cross-border payments, and the two central banks also seek to establish … Read more

Yoon appoints ex-reporter as new spokesperson

President Yoon Suk Yeol has promoted Jeong Hye-jeon, a deputy secretary for public relations at the presidential office, as the new presidential spokesperson, his office said Monday. Jeong worked as a reporter and anchor for various newspapers, including the Chosun Ilbo and Segye Times, before working for private companies, such as McKinsey and Company. Since … Read more

FM Cho discusses cooperation with New Zealand counterpart amid N. Korea-Russia ties

Foreign Minister Cho Tae-yul met with his New Zealand counterpart, Winston Peters, on Monday and discussed ways to bolster bilateral cooperation amid burgeoning ties between North Korea and Russia, Seoul’s foreign ministry said. The luncheon meeting between Cho and Peters, who doubles as the deputy prime minister, was held in Seoul to discuss high-level exchanges, … Read more

STX Heavy Industries to sell shares to raise capital

STX Heavy Industries Co. on Monday announced that it will sell stock to raise capital. According to a regulatory filing, the company will issue 4,156 common shares at a price of 20,000 won (US$14.47) per share. The stock will be sold to the investors that the firm designated. Source: Yonhap News Agency

(2nd LD) Trainee doctors defiant as hospitals set resignation deadline

Trainee doctors remained firm in their decision not to return to work as hospitals prepared to finalize their resignations Monday, despite the government’s dovish attempts to resolve the ongoing walkout. According to industry sources, most hospitals have notified trainee doctors via text message to clarify their intention to return or resign by Monday. The notification … Read more