Day: February 23, 2024

K-pop songwriter Shinsadong Tiger dies

Shinsadong Tiger, a renowned composer of hit K-pop songs such as “Up and Down” and “Roly-Poly,” died at age 40 on Friday, music industry sources said.

The musician, whose original Korean name is Lee Ho-yang, was found collapsed in

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S. Korean Bond Yields on Feb. 23, 2024

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

1-year TB 3.494 3.466 +2.8

2-year TB 3.450 3.419 +3.1

3-year TB 3.374 3.342 +3.2

10-year TB 3.468 3.424 +4.4

2-year MSB 3.448 3.416 +3.2

3-year CB (AA-) 4.045 4.023 +2.2

91-day CD

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Seoul shares end higher for 2nd day on Nvidia earnings

South Korean stocks finished slightly higher Friday as foreign investors bet on local tech shares following AI chip giant Nvidia’s strong earnings results. The Korean won lost against the U.S. dollar.

The benchmark Korea Composite Stock Price Index …

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Foreign currency deposits snap 2-month rise in January

Foreign currency deposits declined in January as companies curtailed part of their dollar holdings, central bank data showed Friday.

Residents’ outstanding foreign currency-denominated deposits reached US$98.1 billion at end-January, down $5.78 bill…

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