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Finance

Base rate raised twice, but loan rates move differently by product

The Bank of Korea has raised its policy rate twice in a row, but loan rates are moving at different speeds depending on the product. Variable-rate mortgages are typically linked to COFIX, while fixed and mixed-rate mortgages follow market rates such as bank debentures. Existing variable-rate borrowers also see changes only when their repricing cycle arrives. COFIX has risen for four straight months, while longer-term market rates can move earlier on policy expectations.

Telecommunications & Media

New broadcasting media communications commission still without signboard ahead of 1st anniversary

South Korea’s Broadcasting Media and Communications Commission has yet to hang its signboard as it nears its first anniversary, as its legally required seven-member lineup remains incomplete. The People Power Party’s recommended standing commissioner seat has been vacant for more than six months after parliament rejected a nominee in February. The commission has named its first vice chair, but it has not set a date for a signboard ceremony, with officials citing the unresolved appointment.

Crypto

Bitcoin may shift from 4-year halving cycle to Wall Street-style 6-8 year rhythm

Bitcoin may be moving away from its traditional four-year halving-led cycle toward a Wall Street-style 6 to 8-year rhythm, an analysis said. Analyst Willy Woo said institutional money and macro liquidity are increasingly shaping prices, making bitcoin closer to traditional short-term debt cycles. He said the halving impact is weakening as new supply shrinks, while institutional holdings now exceed miners’ annual output many times over, potentially shifting future turning points.