July 16, 2024

PM calls for readiness against heavy downpours

Prime Minister Han Duck-soo called Tuesday for all-out measures to minimize damage from ongoing heavy downpours, his office said.

Han instructed relevant ministries and local governments to strengthen monitoring of homes in sparsely populated mounta…

(LEAD) Seoul shares up for 2nd day amid Trump effect

Seoul shares closed slightly higher Tuesday as traders were trying to digest the effect of Donald Trump’s possible victory in the U.S. presidential election on the market. The local currency fell against the U.S. dollar.

The benchmark Korea Composit…

S. Korean Bond Yields on morning of July 16, 2024

[as of 11:30 am]

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

1-year TB 3.186 3.192 -0.6

2-year TB 3.114 3.137 -2.3

3-year TB 3.051 3.076 -2.5

10-year TB 3.157 3.177 -2.0

2-year MSB 3.107 3.133 -2.6

3-year CB (AA-) 3.508 3.538 -3.0

Source: Yonh…

Lawyer confirms first lady’s bag return instruction

A lawyer for first lady Kim Keon Hee said Tuesday it is true that Kim ordered her aide to return a Dior bag she received as a gift from a pastor on the same day it was given, asking media to refrain from “excessive speculation” on the matter.

Lawyer…