News

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People Power Party Opens Floor Leader Race Today—Kim Sung-won and Song Eon-seok Face Off
(Seoul=Yonhap Infomax) Nam Kyoung Hwang – The People Power Party (PPP) on June 14 launched the process to elect a new floor ...
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President Lee - 'The Mission of Politics Is to Safeguard Public Safety and Peace—I Will Be a Strong Shield for the People'
(Seoul=Yonhap Infomax) Nam Kyoung Hwang — President Lee Jae-myung pledged on the 14th to serve as a strong shield for the ...
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New York Stocks Plunge as Israel-Iran Escalation Freezes Investor Sentiment—Dow Closes Down 1.79%
On June 13 (U.S. Eastern Time), the Dow Jones Industrial Average tumbled 769.83 points, or 1.79%, to close at 42,197.79. The ...
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Government Bond Futures Fall Amid Thin Trading as Oil Prices Surge—10-Year Contract Down 36 Ticks
According to the Seoul bond market on the 14th, the three-year government bond futures ended night trading at 107.01, down 7 ...
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[New York FX] Dollar Rises for First Time in Three Days as Israel-Iran Conflict Spurs Safe-Haven Demand
(New York=Yonhap Infomax) Jin Woo Choi – The US dollar strengthened for the first time in three sessions. The dollar index ...
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[New York Bond Market]Treasury Prices Fall—Inflation Fears Mount Despite Global Risk Aversion as Oil Surges
(Seoul=Yonhap Infomax) Sung Jin Kim—U.S. Treasury prices declined, with mid- to long-term maturities underperforming. The ...
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Apollo Says Foreign Exposure to US Long-Term Treasuries Hits Record High—Vulnerable to Rising Yields
Torsten Slok, Chief Economist at Apollo Global Management, a leading US alternative asset manager, wrote on the company’s ...
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Iran Launches Missile Barrage at Israel—Conflict at Crossroads (Comprehensive)
(New York=Yonhap Infomax) Jeong Ho Jin—On the 13th (local time), Iran launched hundreds of ballistic missiles targeting ...
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Iran's Supreme Leader Vows Retaliation Against Israel – 'They Will Not Go Unpunished'
(New York=Yonhap Infomax) Jin Woo Choi – Iran's Supreme Leader Ayatollah Ali Khamenei declared on the 13th (local time) that ...
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Rising Government Bond Yields Defy Risk-Off Sentiment—Former Goldman FX Chief Cites Excessive Debt
Germany 10-Year Bund Yield Daily Chart. Source: Yonhap Infomax. (Seoul=Yonhap Infomax) Sung Jin Kim – Despite heightened risk ...
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Iran Fires Hundreds of Missiles at Israel—'Severe Punishment' Retaliation
As Iran's missile attack commenced, air raid sirens sounded across Israel. The Israeli military stated, "Dozens of missiles ...
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People Power Party Leadership Race - Lee Hun-seung, Kim Sung-won, and Song Eon-seok Vie for Floor Leader
(Seoul=Yonhap Infomax) Nam Kyoung Hwang – The People Power Party's (PPP) floor leader election will see a three-way contest among four-term lawmaker Lee Hun-seung, and three-term lawmakers Kim ...