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POSCO completes construction of LNG storage tanks

POSCO International Corp. said Tuesday it has completed the construction of a liquefied natural gas (LNG) terminal, marking the first such facility operated by a private business.

The trading and energy unit of South Korea’s top steelmaker, POSCO, s…

BTS’ Jimin lands on Billboard Hot 100 with new single

Jimin of K-pop supergroup BTS has entered the U.S. Billboard’s Hot 100 main songs chart with his prerelease single “Smeraldo Garden Marching Band” featuring Loco.

Billboard said on X, formerly Twitter, Monday (U.S. time) that the single, released on…

Thunderstorms across Thailand, heavy in some areas

Bangkok, The Meteorological Department has announced that Thailand will experience thunderstorms and heavy rain in some areas. The Andaman Sea and the Gulf of Thailand will have waves approximately 1 meter high. In areas with thunderstorms, waves wil…

S. Korea, Thailand launch first round of talks for trade deal

South Korea’s trade ministry announced Tuesday that it has launched the first round of negotiations with Thailand to seek an Economic Partnership Agreement (EPA) aimed at bolstering bilateral trade and investment.

The South Korean delegation, led by…

Bond traders expect BOK to freeze key rate this week

Almost all bond traders expected the Bank of Korea (BOK) to freeze its key rate this week for the 12th straight session, a survey showed Tuesday.

According to the survey of 100 bond traders, conducted by the Korea Financial Investment Association la…

S. Korean Bond Yields on morning of Jul. 9, 2024

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

1-year TB 3.198 3.209 -1.1

2-year TB 3.159 3.161 -0.2

3-year TB 3.106 3.119 -1.3

10-year TB 3.180 3.212 -3.2

2-year MSB 3.134 3.139 -0.5

3-year CB (AA-) 3.566 3.580 -1.4

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Source: Yonhap News Age…