Day: April 29, 2024

ABS issuance jumps 38.1 pct on-year in Q1

The issuance of asset-backed securities (ABSs) in South Korea jumped 38.1 percent from a year earlier in the first three months of the year on a sharp increase in those issued by financial institutions, data showed Monday.

The ABSs

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FIVE SHOPHOUSES RAZED IN BACHOK FIRE

KOTA BHARU, Five shophouses in Kampung Beris Kubur Besar, Bachok were destroyed in an early morning fire today.

Bachok Fire and Rescue Station (BBP) chief Ahmad Ridhuan Mohd Ghazali said the station received a distress call at 6.58 am

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Banks’ lending rate remains flat in March

Banks’ loan rate remained unchanged in March, as the central bank has frozen its key rate for more than a year amid still high inflation, data showed Monday.

The average lending rate of banks applied to new loans last

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Seoul shares extend gains late Mon. morning

South Korean shares extended gains late Monday morning on advances by large-cap stocks.

The benchmark Korea Composite Stock Price Index (KOSPI) added 21.97 points, or 0.83 percent, to 2,678.30 as of 11:20 a.m.

The advance follows Wall Street gains

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