EventBusinessOctober 27, 2026

South Korea's AI fund acts as 'fiscal dam' against higher yields

Read original source →bloomberg.com

Budget minister Park Hong Keun says the fund, financed by semiconductor-driven tax gains, will cushion South Korea from rising borrowing costs. The country is weighing using the cash to cut back on debt sales as global borrowing costs surge.

People · Park Hong Keun

2 sources

More stories today

Open the live feed