Hope Bancorp Unit Completes Acquisition of SMBC MANUBANK's Commercial Banking Segment
MT newswire2026/10/01 13:42Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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South Korea denies considering large-scale purchases of long-term U.S. Treasury bonds, stating that Korean media reports are inconsistent with the facts.
The Ministry of Economy and Finance of South Korea and the Bank of Korea (BOK) issued a joint statement refuting a local media report. The report had claimed that, in response to significant foreign capital outflows, Seoul was considering purchasing a large amount of U.S. government bonds. Both institutions emphasized that the composition and specific details regarding the management of South Korea's foreign exchange reserve assets are not disclosed to the public.
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