(EDITORIAL from Korea Times on Aug. 14)

President Yoon Suk Yeol’s reshuffle, which involves replacing two key positions – the defense minister and the director of the National Security Council (NSC) – has raised concerns. He has nominated current Defense Minister Shin Won-sik to be the NSC…

Akari, Cignal seek to maintain form

MANILA: Quarterfinalists Akari and Cignal will try to maintain their momentum in the Premier Volleyball League (PVL) Reinforced Conference at the Philsports Arena in Pasig City on Thursday.

The unbeaten Chargers take on the Nxled Chameleons at 3 p.m….

(LEAD) Seoul shares up for 4th day on hopes for rate cuts by Fed

South Korean stocks closed higher for the fourth consecutive session Wednesday as cooler-than-expected U.S. producer price data soothed concerns and boosted investors’ sentiment. The local currency sharply rose against the U.S. dollar.

The benchmark…

Ordeneza, Plete gain Junior PGT Matchplay Championship slots

MANILA: Clement Ordeneza and Zero Plete topped their respective divisions in the 13-15 category of the ICTSI Junior PGT Mindanao Series at Pueblo de Oro Golf and Country Club in Cagayan de Oro City on Wednesday.

Ordeneza finished with a 10-under 206 …

S. Korean Bond Yields on Aug. 14, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.049 3.072 -2.3

2-year TB 3.000 3.026 -2.6

3-year TB 2.888 2.918 -3.0

10-year TB 2.945 2.974 -2.9

2-year MSB 2.953 2.976 -2.3

3-year CB (AA-) 3.370 3.395 -2.5

91-day CD 3.490 3.490 0.0

Sou…

P96-M flood control projects in San Carlos City completed

MALASIQUI: The construction of the two slope protection projects along the Agno River in San Carlos City, Pangasinan has been completed, ensuring the safety of residents of the villages of Bogaoan and Guelew and their properties.

Department of Public…

4 YouTubers indicted over ‘mukbang’ star blackmail case

Prosecutors indicted four YouTubers on Wednesday on charges of blackmailing and extorting “mukbang” star Tzuyang or abetting the crimes.

The Suwon District Prosecutors Office indicted Lee Jun-hee and Jeon Kuk-jin, known by their YouTube channel name…

House gives congressional medals, incentives to Filipino Olympians

MANILA: The House of Representatives on Wednesday gave congressional medals to the Filipino athletes who participated in the 2024 Paris Olympics, celebrating them as the nation’s heroes with a fitting heroes’ welcome.

‘We recognize that the journey t…

Seoul shares up for 4th day on hopes for rate cuts by Fed

South Korean stocks closed higher for the fourth consecutive session Wednesday as cooler-than-expected U.S. producer price data soothed concerns and boosted investors’ sentiment. The local currency sharply rose against the U.S. dollar.

The benchmark…