August 1, 2024

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Pro-Yoon PPP lawmaker offers to resign as party policy chief

A ruling party lawmaker considered close to President Yoon Suk Yeol offered to resign as the party’s policy committee chief Thursday, after new party leader Han Dong-hoon publicly called for key party officials to step down.

Rep. Jeong Jeom-sig of th…

S. Korean Bond Yields on Aug. 1, 2024

1-year TB 3.137 3.152 -1.5

2-year TB 3.061 3.086 -2.5

3-year TB 2.976 3.004 -2.8

10-year TB 3.010 3.064 -5.4

2-year MSB 3.043 3.067 -2.4

3-year CB (AA-) 3.431 3.459 -2.8

91-day CD 3.490 3.500 -1.0

Source: Yonhap News Agency

DL Holdings turns to profits in Q2

DL Holdings Co. on Thursday reported its second-quarter net income of 9.3 billion won (US$6.8 million), shifting from a loss of 89.8 billion won a year earlier.

Operating profit for the April-June period was 142.8 billion, compared with a loss of 7.1…