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Focus on Headline 04/12/2024
1. According to a presidential official Friday, President Yoon Suk Yeol is expected to give a public statement sometime after the weekend regarding the ruling People Power Party's crushing defeat in the parliamentary elections.
2. The monetary policy board of the Bank of Korea on Friday kept its policy rate unchanged at 3-point-5 percent for the 10th straight session. The central bank said its current restrictive stance will be maintained for a sufficient period of time amid woes over high inflation and household debt.
3. South Korea and the United States on Friday affirmed plans to execute a joint tabletop exercise simulating North Korea's use of a nuclear weapon. According to a joint statement, the two sides affirmed the plan during the South Korea-U.S. Integrated Defense Dialogue in Washington D.C. on Thursday.
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By Arirang Radio1. According to a presidential official Friday, President Yoon Suk Yeol is expected to give a public statement sometime after the weekend regarding the ruling People Power Party's crushing defeat in the parliamentary elections.
2. The monetary policy board of the Bank of Korea on Friday kept its policy rate unchanged at 3-point-5 percent for the 10th straight session. The central bank said its current restrictive stance will be maintained for a sufficient period of time amid woes over high inflation and household debt.
3. South Korea and the United States on Friday affirmed plans to execute a joint tabletop exercise simulating North Korea's use of a nuclear weapon. According to a joint statement, the two sides affirmed the plan during the South Korea-U.S. Integrated Defense Dialogue in Washington D.C. on Thursday.
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