Category: General

SK Networks swings to loss in Q4

SEOUL, SK Networks Co. on Tuesday reported its fourth-quarter net loss of 23.2 billion won (US$17.5 million), turning from a profit of 27.3 billion won a year earlier.

The company said in a regulatory filing that it posted 50.5

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Cambodia, Hungary to Maintain Existing Good Relations

Cambodia and Hungary have affirmed their commitment to maintaining the existing good relations and to supporting each other on the global stage.

H.E. SOK Chenda Sophea, Deputy Prime Minister and Minister of Foreign Affairs and International Cooperat…

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S. Korean Bond Yields on Feb. 13, 2024

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

1-year TB 3.417 3.384 +3.3

2-year TB 3.430 3.394 +3.6

3-year TB 3.353 3.305 +4.8

10-year TB 3.453 3.400 +5.3

2-year MSB 3.397 3.367 +3.0

3-year CB (AA-) 4.074 4.034 +4.0

91-day CD

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Exports fall 14.6 pct from Feb. 1-10

SEOUL, South Korea’s exports fell nearly 15 percent on-year in the first 10 days of February due mainly to fewer working days, data showed Tuesday.

Outbound shipments reached US$15.01 billion in the Feb. 1-10 period, compared with $17.57 billion

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Seoul shares open higher amid rate cut hopes

SEOUL, Seoul shares opened higher Tuesday as investors expect the U.S. Federal Reserve to start easing this year due to continued disinflation.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 33.23 points, or 1.27 percent, to 2,653.55 i…

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