South Korean President Yoon Suk Yeol and Cambodian Prime Minister Hun Manet agreed Thursday to further expand bilateral trade by actively using their recently implemented free trade agreement, the presidential office said.
The two leaders held their…
Seoul shares ended lower Thursday amid investor concerns that the U.S. Federal Reserve may raise interest rates further this year following stronger-than-expected economic data. The Korean won fell against the U.S. dollar.
The benchmark Korea Compos…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.568 3.514 +5.4
2-year TB 3.867 3.795 +7.2
3-year TB 3.847 3.765 +8.2
10-year TB 3.969 3.893 +7.6
2-year MSB 3.872 3.804 +6.8
3-year CB (AA-) 4.599 4.521 +7.8
91-day CD None
Kia Corp., South Korea’s second-biggest carmaker by sales, said Thursday it has resumed operations at one of its eight domestic plants affected by a fire in its paint shop.
Kia’s No. 3 plant in Hwaseong, just south of Seoul, had
South Korea’s top central banker will attend meetings of the Bank for International Settlements (BIS) to be held in Switzerland early next week, his office said Thursday.
Rhee Chang-yong, head of the Bank of Korea (BOK), will leave for Basel
The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.
Term Today (%) Previous Session (%)
1-W 3.50 3.50
1-M 3.58 3.58
2-M 3.64 3.64
3-M
South Korea’s financial regulator on Thursday asked foreign securities firms to beef up efforts to prevent illegal stock short selling amid an increase in such cases.
The Financial Supervisory Service (FSS) made the request in a meeting with complia…
Seoul shares opened lower Thursday, tracking losses on Wall Street, as better-than-expected U.S. economic data bolstered the case for the Federal Reserve to raise interest rates further this year.
The benchmark Korea Composite Stock Price Index (KOS…
Seoul shares extended losses late Thursday morning as investors remain cautious on whether the U.S. Federal Reserve will raise rates further this year following better-than-expected economic data.
The benchmark Korea Composite Stock Price Index (KOS…
South Korea’s finance ministry said Thursday it has issued yen-denominated foreign exchange stabilization bonds worth 70 billion yen (US$473.5 million).
It marked the first time for South Korea to issue yen-denominated foreign exchange bonds for Jap…