July 29, 2024

2.3 magnitude earthquake hits lower western N. Korea: KMA

A 2.3 magnitude earthquake struck North Korea’s lower western region Monday night, with no expected damage, the state weather agency said.

The quake struck an area 23 kilometers northeast-east of Songlim, North Hwanghae Province, which lies just nor…

S. Korean Bond Yields on morning of Jul. 29, 2024

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

1-year TB 3.159 3.193 -3.4

2-year TB 3.054 3.100 -4.6

3-year TB 2.979 3.024 -4.5

10-year TB 3.055 3.108 -5.3

2-year MSB 3.042 3.078 -3.6

3-year CB (AA-) 3.437 3.482 -4.5

Source: Yonhap News Agency

Seoul shares extend gains late Mon. morning on rate cut hopes

Seoul shares extended gains late Monday morning on hopes for a rate cut by the U.S. Federal Reserve and robust earnings from major tech firms this week.

The benchmark Korea Composite Stock Price Index (KOSPI) added 34.33 points, or 1.26 percent, to …