General

Fire engulfs battery plant, killing one worker

A fire broke out at a primary battery manufacturing plant, south of Seoul, on Monday, leaving at least one worker dead and three others injured, firefighters said.

The blaze started at lithium battery maker Aricell’s plant in Hwaseong, 45 kilometers…

General

S. Korean Bond Yields on June 24, 2024

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

1-year TB 3.343 3.330 +1.3

2-year TB 3.258 3.246 +1.2

3-year TB 3.194 3.176 +1.8

10-year TB 3.264 3.255 +0.9

2-year MSB 3.258 3.237 +2.1

3-year CB (AA-) 3.656 3.637 +1.9

91-day CD 3.600 3.600 0.0

Sou…

General

S. Korean Bond Yields on morning of June 24, 2024

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

1-year TB 3.339 3.330 +0.9

2-year TB 3.254 3.246 +0.8

3-year TB 3.186 3.176 +1.0

10-year TB 3.255 3.255 0.0

2-year MSB 3.250 3.237 +1.3

3-year CB (AA-) 3.646 3.637 +0.9

Source: Yonhap News Agency

General

Number of firms suffering losses rises 3.2 pct in 2023

The number of companies that reported operating losses rose 3.2 percent on-year last year amid an economic slowdown, the tax agency said Monday.

A total of 1.03 million corporations filed corporate taxes last year, up 4.99 percent from a year earlie…