Korea's c bank union criticises commerce minister

SOUTH KOREA - The labour union of South Korea's central bank blasted the commerce minister on Wednesday over his recent comments on interest rates.

South Korea's Commerce Minister Shin Kook-hwan said last week it was not the time for interest rate adjustments because of faltering exports.

"His irresponsible comments are disrupting financial markets," union leader Byun Sung-shik said in a statement.

"We're concerned that his repeated comments about interest rates are undermining government credib

To continue reading...