July 1, 2024

Gov’t to devise safety measures for foreign workers

The government plans to announce measures to strengthen industrial safety for foreign workers later this month following last week’s deadly fire at a battery plant that claimed 23 lives, including 18 foreigners, the labor minister said Monday.

Seven…

Samsung Heavy wins 1.4 tln-won order for 4 LNG carriers

South Korean shipbuilder Samsung Heavy Industries Co. said Monday it has won a 1.4 trillion-won (US$1 billion) order to build four liquefied natural gas (LNG) carriers for a Middle Eastern shipper.

The vessels will be delivered to the undisclosed sh…

S. Korean Bond Yields on July 1, 2024

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

1-year TB 3.309 3.328 -1.9

2-year TB 3.263 3.243 +2.0

3-year TB 3.210 3.182 +2.8

10-year TB 3.312 3.266 +4.6

2-year MSB 3.266 3.252 +1.4

3-year CB (AA-) 3.681 3.658 +2.3

91-day CD 3.600 3.600 0.0

Sou…

Online shopping rises 7.7 pct in ‘family month’ of May

Online shopping sales in South Korea rose 7.7 percent on-year in May to reach an all-time high for any May on the back of various shopping events and celebrations for family days, the statistics agency said Monday.

The value of online shopping trans…