Day: February 8, 2024

KT 2023 net profit down 28.8 pct to 988.7 bln won

KT Corp. on Thursday reported its 2023 net income of 988.7 billion won (US$744.6 million), down 28.8 percent from a year earlier.

The company said in a regulatory filing that operating profit for the year fell 2.4 percent on-year to

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S. Korean Bond Yields on Feb. 8, 2024

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

1-year TB 3.384 3.367 +1.7

2-year TB 3.394 3.374 +2.0

3-year TB 3.305 3.286 +1.9

10-year TB 3.400 3.378 +2.2

2-year MSB 3.367 3.357 +1.0

3-year CB (AA-) 4.034 4.019 +1.5

91-day CD 3.670

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(EDITORIAL from Korea Times on Feb. 8)

Focus on North Korea’s economy and Russia

In recent weeks, there has been significant discussion of whether North Korea has made the fundamental decision to go to war with South Korea. But focusing exclusively on whether Pyongyang has made a

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(EDITORIAL from Korea Herald on Feb. 8)

Diplomatic disaster and message management

Relations between South Korea and Russia are facing a severe crisis.

The spokesperson for the Russian Foreign Ministry belittled the South Korean president’s remarks publicly. Under normal diplomatic relati…

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