NewJeans’ label CEO questioned over breach of trust complaint filed by Hybe

Min Hee-jin, the CEO of the music label ADOR, behind girl group NewJeans, appeared before police Tuesday for questioning over a breach of trust complaint involving a suspected attempt to break away from the parent company, Hybe.

Min presented hersel…

S. Korea to honor late French veteran of Korean War with special flag

The veterans ministry said Tuesday it will present a special flag honoring Capt. Robert Goupil to his family and cadets of a French military academy in remembrance of the French veteran who died in combat during the 1950-53 Korean War.

Veterans Mini…

Seoul shares close higher ahead of Fed chairman’s testimony

Seoul shares closed slightly higher Tuesday as investors awaited a congressional testimony by Federal Reserve Chairman Jerome Powell this week. The local currency gained against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI…

S. Korean Bond Yields on Jul. 9, 2024

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

1-year TB 3.201 3.209 -0.8

2-year TB 3.159 3.161 -0.2

3-year TB 3.114 3.119 -0.5

10-year TB 3.191 3.212 -2.1

2-year MSB 3.137 3.139 -0.2

3-year CB (AA-) 3.572 3.580 -0.8

91-day CD 3.560 3.570 -1.0

(EN…

Hanwha Systems to supply radar of Cheongung-II missile defense system to Saudi Arabia

Hanwha Systems Co., a South Korean defense solutions company, said Tuesday that it has clinched a 1.2 trillion-won (US$866.8 million) deal to supply multi-function radar (MFR) for the Cheongung-II medium-range surface-to-air missile (M-SAM) system, w…