Foreign currency deposits declined for the fifth straight month in May as companies withdrew part of U.S. dollar-denominated deposits amid the weakening won and to settle imports, central bank data showed Friday.
Residents’ outstanding foreign curre…
Exports rose 8.5 percent on-year in the first 20 days of June on strong global demand for semiconductors, data showed Friday.
Outbound shipments reached US$35.75 billion in the June 1-20 period, compared with $32.94 billion tallied a year earlier, a…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.342 3.336 +0.6
2-year TB 3.267 3.269 -0.2
3-year TB 3.202 3.196 +0.6
10-year TB 3.276 3.269 +0.7
2-year MSB 3.260 3.257 +0.3
3-year CB (AA-) 3.660 3.648 +1.2
Source: Yonhap News Agency
The state power utility will freeze the third-quarter electricity rates for a high demand season amid inflationary pressure, officials said Friday.
Korea Electric Power Corp. (KEPCO) said it will keep the adjusted unit fuel cost — a key part of the…
Jimin of K-pop supergroup BTS revealed the track list for his upcoming second solo album, “Muse,” on Friday, building excitement among the group’s dedicated fan base.
The album, set for release July 19, will feature seven tracks exploring the theme …
South Korea’s foreign currency authorities said Friday that they agreed with the state pension operator to raise the upper limit of their currency swap deal to US$50 billion from the current $35 billion to better cope with market volatility.
Late la…
Seoul shares extended losses late Friday morning, following a mixed close on Wall Street, as investors offloaded more tech and other large-cap stocks on profit taking.
The benchmark Korea Composite Stock Price Index (KOSPI) fell 28.72 points, or 1.0…