March 19, 2024

S. Korea’s auto exports fall 7.8 pct in Feb. on weak EV sales

SEOUL, South Korea’s car exports fell 7.8 percent on-year in February on the dwindling demand for eco-friendly cars, data showed Tuesday.

The combined value of car exports reached US$5.16 billion last month, down from $5.59 billion from a year earli…

KF-21 prototype successfully conducts 1st aerial refueling test

SEOUL, South Korea’s homegrown fighter jet under development successfully underwent its first aerial refueling test Tuesday, the state arms procurement agency said, in a major step to vet the advanced fighter’s capabilities for extended-range operati…

SK hynix begins mass production of latest HBM3E chips

SEOUL, South Korean chipmaker SK hynix Inc. said Tuesday it has started mass production of the latest high band width memory (HBM) chips, solidifying its leadership position in the high-performance artificial intelligence (AI) memory semiconductor se…

Russian cultural delegation visits N. Korea amid deepening ties

SEOUL, A Russian delegation led by Moscow’s vice culture minister has arrived in Pyongyang, state media said Tuesday, as the two nations have been strengthening their ties following a rare summit of their leaders in September.

The delegation led by …

Foreign ministry avoids direct comment on Putin’s election win

SEOUL, The foreign ministry on Tuesday refrained from commenting on Russian President Vladimir Putin’s recent election victory, saying the two countries share a common commitment to “managing” their bilateral ties.

During a press briefing, foreign m…

S. Korea, OECD launch joint research programs on financial issues

SEOUL, South Korea and the Organization for Economic Cooperation and Development (OECD) have launched a multiyear joint research project on budgeting and other financial issues in the face of low birth rate and rapid aging as common global challenges…

S. Korean Bond Yields on Mar. 19, 2024

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

1-year TB 3.361 3.357 +0.4

2-year TB 3.444 3.413 +3.1

3-year TB 3.383 3.348 +3.5

10-year TB 3.472 3.435 +3.7

2-year MSB 3.448 3.420 +2.8

3-year CB (AA-) 4.022 3.993 +2.9

91-day CD 3.640 3.640 0.0

Sou…