South Korean stocks closed more than 1 percent higher Monday, recovering from last week’s rout as concerns over a U.S. economic recession eased. The local currency lost ground against the U.S. dollar.
The benchmark Korea Composite Stock Price Index …
South Korea and the United States will begin a major combined military exercise next week to strengthen their joint defense readiness in the face of evolving North Korean military threats, the Joint Chiefs of Staff (JCS) said Monday.
The annual Ulch…
Krafton Inc. on Monday reported its second-quarter net income of 341.4 billion won (US$248.9 million), up 165.7 percent from a year earlier.
The company said in a regulatory filing that operating income for the April-June period rose 152.5 percent o…
The main opposition Democratic Party (DP) urged President Yoon Suk Yeol on Monday to withdraw the appointment of the new chief of the Independence Hall of Korea amid criticism of his controversial views accused of justifying Japan’s 1910-45 colonial …
Today (%) Previous Session(%) Change (BP)
1-year TB 3.084 3.092 -0.8
2-year TB 3.034 3.034 0.0
3-year TB 2.946 2.941 +0.5
10-year TB 3.000 3.012 -1.2
2-year MSB 2.997 2.990 +0.7
3-year CB (AA-) 3.421 3.409 +1.2
91-day CD 3.460 3.470 -1.0
Sou…
Police have booked a YouTuber and a doctor on murder charges as part of an investigation into a video claiming that a 36-week-old fetus was aborted.
In June, a YouTube video stirred public controversy when a woman, who introduced herself as in her 2…
Household loans extended by banks in South Korea rose for the fourth consecutive month in July, led by a rise in mortgage loan growth, central bank data showed Monday, amid an extended restrictive monetary policy mode.
Banks’ outstanding household l…
Carmakers in South Korea are moving toward disclosing the brand information of batteries used in their electric vehicles in response to consumer doubts over the safety of EV batteries.
Public concerns over EV safety have mounted in the country after…
SK Networks Co. on Monday reported its second-quarter net profit of 21.2 billion won (US$15.5 million), up 115.2 percent from a year earlier.
The company said in a regulatory filing that it posted 29.1 billion won in operating profit for the quarter…
Senior diplomats of South Korea and Colombia discussed Monday efforts to deepen bilateral relations and cooperation in areas like economy and development aid, in their policy talks that resumed after a four-year pandemic-driven hiatus.
The high-leve…