South Korean institutions’ investment in foreign securities increased in the first quarter of the year due to a rise in the value of overseas stocks, bonds and increased new investments, central bank data showed Friday.
The outstanding value of
North Korea on Friday denounced a U.S. reconnaissance aircraft’s latest flight over South Korea, warning that its enemies could face an “unpredictable disaster” if they continue reckless military moves.
The U.S. Air Force’s RC-135U Combat Sent was s…
North Korea staged GPS jamming attacks in waters near South Korea’s northwestern border islands for a third straight day on Friday, the South’s military said, in the latest in a series of provocative acts this week.
The military detected
Today (%) Previous Session(%) Change (BP)
1-year TB 3.404 3.415 -1.1
2-year TB 3.454 3.462 -0.8
3-year TB 3.431 3.440 -0.9
10-year TB 3.545 3.564 -1.9
2-year MSB 3.435 3.450 -1.5
3-year CB (AA-) 3.852 3.867 -1.5
Source: Yonhap
Seoul shares trimmed earlier gains late Friday morning after falls on Wall Street, as the U.S. economy grew at a slower-than-expected pace, reviving hopes for the Federal Reserve’s rate cuts.
The benchmark Korea Composite Stock Price Index had risen…
The health ministry said Friday it will provide more financial support for trainee doctors and begin a trial operation to reduce their working hours, amid protracted walkouts prompted by a plan that boosted the number of medical students.
Deputy
South Korea’s tax revenue fell 6.3 percent on-year, or 8.4 trillion won (US$6.83 billion), during the first four months of 2024 due mainly to weak corporate performance, the finance ministry said Friday.
The government collected 125.6 trillion won i…
Hanwha Group, a South Korean defense-to-insurance conglomerate, has been ranked among U.S. magazine Time’s 100 most influential companies of 2024.
Hanwha Group was named in the Titans category for the Time 100 Companies list released Thursday (U.S. …
K-pop powerhouse Hybe put three of its executives on the board of its sublabel ADOR housing popular girl group NewJeans on Friday, taking over control of the board amid a protracted conflict between the two companies over ADOR’s management
South and North Korea had no cross-border trade last year and Seoul’s humanitarian aid to Pyongyang hit an all-time low amid frozen inter-Korean ties, the unification ministry said Friday.
It marked the first time that the two Koreas logged