July 26, 2024

S. Korean Bond Yields on Jul. 26, 2024

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

1-year TB 3.193 3.203 -1.0

2-year TB 3.100 3.103 -0.3

3-year TB 3.024 3.024 0.0

10-year TB 3.108 3.128 -2.0

2-year MSB 3.078 3.076 +0.2

3-year CB (AA-) 3.482 3.484 -0.2

91-day CD 3.500 3.510 -1.0

Sou…

(LEAD) Kia’s Q2 net rises 5 pct on pricier models, weak won

Kia Corp., South Korea’s second-largest automaker, said Friday its second-quarter net profit rose 5 percent from a year ago, helped by the company’s sales focus on pricier models and a weak won.

Net profit for the April-June period came to 2.95 tril…

Kia Q2 net profit up 5 pct to 2.95 tln won

Kia Corp. on Friday reported its second-quarter net income of 2.95 trillion won (US$2.1 billion), up 5 percent from a year earlier.

Operating income for the April-June period was 3.64 trillion won, up 7.1 percent from a year ago, the company said in…

Seoul shares snap 2-day fall on large cap gains

South Korean shares closed sharply higher Friday, ending a two-day losing streak on large cap gains led by financial firms and shipbuilding companies. The local currency fell slightly against the U.S. dollar.

The benchmark Korea Composite Stock Pric…

HL Mando Q2 net profit down 76.8 pct to 11.9 bln won

HL Mando Co. on Friday reported its second-quarter net income of 11.9 billion won (US$8.6 million), down 76.8 percent from a year earlier.

The company said in a regulatory filing that it posted 89.6 billion won in operating profit for the quarter, c…

Hanwha Ocean remains in red in Q2

Hanwha Ocean Co. on Friday reported its second-quarter net loss of 27.4 billion won (US$19.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 9.6 billion …

LIG Nex1 Q2 net income up 44.6 pct to 45.7 bln won

LIG Nex1 Co. on Friday reported its second-quarter net income of 45.7 billion won (US$33 million), up 44.6 percent from a year earlier.

The company said in a regulatory filing that operating profit for the April-June period rose 22.1 percent on-year…