South Korea had proposed Japan use the expression “forced” in the museum exhibits on an old Japanese mine complex linked to its wartime forced labor of Koreans prior to its UNESCO inscription, but Tokyo refused, the foreign ministry said Tuesday.

Th…

Kakao Pay Corp. on Tuesday reported its second-quarter net profit of 626 million won (US$455,372), swinging from a loss of 6.2 billion won a year earlier.

The company said in a regulatory filing that it continued to post an operating loss of 7.3 bil…

South Korean stocks rose more than 3 percent Tuesday, rebounding from the previous day’s worst market sell-off, sparked by fears over a U.S. recession and the sluggish performance of big tech firms. The local currency slightly fell against the U.S. g…

SK Telecom Co., a leading South Korean mobile carrier, said Tuesday its second-quarter operating profit rose 16 percent from a year earlier on the robust performance of its overall business.

Operating profit for the April-June period came to 537.5 b…

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

1-year TB 3.112 3.083 +2.9

2-year TB 3.050 2.928 +12.2

3-year TB 2.935 2.806 +12.9

10-year TB 2.993 2.878 +11.5

2-year MSB 2.999 2.899 +10.0

3-year CB (AA-) 3.398 3.271 +12.7

91-day CD 3.470 3.480 -1.0…

South Korea’s exports of foodstuffs rose 9.2 percent on-year in the first seven months of 2024, data showed Tuesday, led by sharp growth in instant noodle and processed rice products.

Outbound shipments of food products came to US$5.67 billion over …

Amorepacific Group on Tuesday reported its second-quarter net profit of 537.3 billion won (US$390.6 million), up 1717.3 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 4.2 per…

Finance Minister Choi Sang-mok on Tuesday unveiled policy measures for e-commerce vendors, as such vendors were hit by the recent payment delays of Qoo10-owned platforms TMON and WeMakePrice.

Under the measures, the government will shorten a term of…