South Korea’s imports of beer and other alcoholic beverages from Japan jumped in the January-July period from a year earlier, helped by a weakening yen, the customs office said Wednesday.

Beer imports from Japan

Today (%) Previous Session(%) Change (BP)

1-year TB 3.052 3.058 -0.6

2-year TB 3.044 3.048 -0.4

3-year TB 2.940 2.944 -0.4

10-year TB 2.997 2.999 -0.2

2-year MSB 3.004 3.006 -0.2

3-year CB (AA-)

South Korea’s exports increased 18.5 percent on-year in the first 20 days of August, data showed Wednesday, on the back of solid outbound shipments of chips.

Outbound shipments reached US$33.1 billion in the Aug.

South Korea conducted regular defense drills near its easternmost islets of Dokdo on Wednesday, a military source said, marking the fifth of its kind under the current Yoon Suk Yeol administration.

The biannual drills

The denuclearization of the Korean Peninsula would remain a U.S. policy objective should Vice President Kamala Harris win the White House race in November, a former Pentagon official said Tuesday, dispelling concerns about the