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

1-year TB 3.104 3.112 -0.8

2-year TB 3.031 3.050 -1.9

3-year TB 2.929 2.935 -0.6

10-year TB 3.001 2.993 +0.8

2-year MSB 2.989 2.999 -1.0

3-year CB (AA-) 3.397 3.398 -0.1

91-day CD 3.480 3.470 +1.0

So…

Seoul shares extended gains late Wednesday morning, led by Samsung Electronics, despite concerns over lingering market jitters two days after massive selloffs due to fears of a U.S. recession.

The benchmark Korea Composite Stock Price Index (KOSPI) …

Korean Air Co. said Wednesday it signed a tentative agreement valued at 470 billion won (US$341.7 million) to sell the cargo business division of Asiana Airlines Inc. to Air Incheon.

The sale of Asiana’s cargo division is part of conditions set by t…

Hybe, the powerhouse behind the global K-pop sensation BTS, reported revenue of 640.5 billion won (US$465 million) for the second quarter of this year, marking the highest-ever quarterly sales in the company’s history.

The figure surpasses the previ…

Lotte Shopping Co., an affiliate of retail giant Lotte Group, said Wednesday it shifted to a net loss in the second quarter due to liquidation losses involving its businesses in China.

Lotte Shopping swung to a net loss of 79.68 billion won (US$58 m…

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

1-year TB 3.107 3.112 -0.5

2-year TB 3.068 3.050 +1.8

3-year TB 2.960 2.935 +2.5

10-year TB 3.010 2.993 +1.7

2-year MSB 3.010 2.999 +1.1

3-year CB (AA-) 3.418 3.398 +2.0

Source: Yonhap News Agency

Seoul shares ended higher for a second straight session Wednesday, helped by tech gains, as investors’ sentiment for risky assets improved following a global stock rout. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stoc…

Prime Minister Han Duck-soo said Wednesday the government will allow hospitals to extend the application period for trainee doctor programs this week to help them recruit more junior doctors.

Han made the remark after only 104 candidates, or 1.4 per…