Cho Hyun-moon, former vice president of Hyosung Corp. and estranged son of the company’s founding family, on Friday pledged to end his yearslong conflict with his brothers and donate an inheritance from his late father to society.

At a press confere…

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

1-year TB 3.216 3.230 -1.4

2-year TB 3.161 3.156 +0.5

3-year TB 3.115 3.128 -1.3

10-year TB 3.227 3.234 -0.7

2-year MSB 3.139 3.149 -1.0

3-year CB (AA-) 3.582 3.591 -0.9

91-day CD 3.570 3.580 -1.0

(EN…

A regional court sentenced the knife attacker of opposition leader Lee Jae-myung to 15 years in prison Friday for the January stabbing in Busan that left Lee hospitalized for over a week with a neck wound.

Posing as a supporter asking for a signatur…

Seoul shares ended higher for a third consecutive day Friday as investors cheered an earnings surprise from Samsung Electronics Co. amid hopes for softening U.S. jobs data due this week. The Korean won rose against the U.S. dollar.

The benchmark Kor…

The regulator said Friday it will ask major e-commerce platforms operating in South Korea, including China’s AliExpress and Temu, to submit data on their businesses for market analysis.

The Fair Trade Commission (FTC) said it launched in-depth resea…

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

1-year TB 3.220 3.230 -1.0

2-year TB 3.164 3.156 +0.8

3-year TB 3.131 3.128 +0.3

10-year TB 3.235 3.234 +0.1

2-year MSB 3.145 3.149 -0.4

3-year CB (AA-) 3.592 3.591 +0.1

(END)

Source: Yonhap News Age…

Seoul shares extended gains late Friday morning as investors await U.S. jobs data this week for clues on the Federal Reserve’s future policy path.

The benchmark Korea Composite Stock Price Index (KOSPI) gained 34 points, or 1.2 percent, to 2,858.94 …

LG Electronics Inc. on Friday estimated its second-quarter operating profit soared more than 60 percent from a year earlier on robust sales of its key products, beating market expectations.

Its operating profit came to 1.19 trillion won (US$868.1 mi…