May 14, 2024

The Korea Interbank Offered Rates (KORIBOR)

SEOUL, 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 3.53 3.53

2-M 3.56 3.55

3-M 3.59 3….

Yoon pledges support to Ukraine in phone talk with Zelenskyy

SEOUL, President Yoon Suk Yeol pledged necessary support and cooperation to Ukraine during a phone conversation with Ukrainian President Volodymyr Zelenskyy on Tuesday, Seoul’s presidential office said.

“The South Korean government is proactively pa…

Nongshim mulls building new exports-only ramyeon plant

SEOUL, Nongshim Co., South Korea’s leading instant noodle maker, said Tuesday it is considering building a new domestic plant for exports only amid growing overseas demand for Korean instant noodles, called ramyeon.

Nongshim is in consideration to b…

(LEAD) Landers launch 3 home runs in rout of Lions

INCHEON, Hosting the best road team in South Korean baseball Tuesday night, the SSG Landers kept calm and hit dingers.

The Landers went deep three times to back an excellent start by Oh Won-seok, as they cruised to a 9-2 victory over the Samsung Lio…

Seoul shares open almost flat ahead of U.S. inflation data

SEOUL, South Korean stocks opened almost flat Tuesday as investors awaited a key U.S. inflation report set to be released later this week.

The benchmark Korea Composite Stock Price Index gained 0.51 point, or 0.02 percent, to 2,727.72 in the first 1…