(Bloomberg) -- South Korea has removed a cap on commercial banks’ bond sales enacted during last year’s credit crunch, in a bid to ensure funding for the financial sector. Most Read from BloombergKey Taiwan Tech Firms Helping Huawei With China Chip PlantsWall Street Fear Gauge Ratchets Up After Jobs Data: Markets WrapKevin McCarthy Ousted as US House Speaker by Republican DissidentsWhy a US Recession Is Still Likely — and Coming SoonAirbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix I
-- South Korea has removed a cap on commercial banks’ bond sales enacted during last year’s credit crunch, in a bid to ensure funding for the financial sector.Airbnb Is Fundamentally Broken, Its CEO Says. He Plans to Fix It.
With Korea’s credit market seized up due to the default of a property developer, officials last year asked banks to refrain from selling bonds so as not to siphon off even more liquidity. The regulator said it will closely monitor markets to ensure the change to the rules won’t affect the corporate bond market.Hacking the Help Desk: How Attackers Talk Their Way Into Company Networks
Despite fanfare, federal funding and even a visit from the prime minister, the owner of an N.W.T. mine project is closing down its processing plant in Saskatoon. Vital Metals owns Cheetah Resources, which is the owner of the Nechalacho mine project, about 100 kilometres south-east of Yellowknife. The project is one of the first rare earth metal mines in Canada.
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