South Korean stocks ended slightly higher Tuesday as investors remained cautious ahead of the releases of major U.S. data later this week to gauge the Federal Reserve’s monetary policy direction. The local currency gained ground against the U.S. doll…

The antitrust regulator said Tuesday it has decided to fine CJ Freshway Corp. 24.5 billion won (US$17.87 million) for unfairly supporting an affiliate in a move to solidify its market status as a major food distributor for local merchants.

Since aro…

Kakaopay Corp. has provided credit information of its users to China’s Alipay without the required customer consent, the financial regulator said Tuesday, an allegation quickly dismissed by the South Korean platform.

The Financial Supervisory Servic…

A Supreme Court panel has revised sentencing guidelines to allow punishments as severe as life imprisonment for those convicted of organized fraud, such as home rental and voice phishing schemes, officials said Tuesday.

The Supreme Court’s sentenci…

President Yoon Suk Yeol on Tuesday granted a special pardon to former South Gyeongsang Gov. Kim Kyoung-soo on the occasion of Liberation Day, reinstating his rights to run for public office despite objections from members of his ruling party.

The pa…

President Yoon Suk Yeol on Tuesday reinstated the civil rights of former South Gyeongsang Gov. Kim Kyoung-soo under Liberation Day special pardons, enabling him to run for public office despite objections from members of the ruling party.

The pardon…

President Yoon Suk Yeol on Tuesday reinstated the civil rights of former South Gyeongsang Gov. Kim Kyoung-soo under Liberation Day special pardons, enabling him to run for public office despite objections from members of the ruling party.

The pardon…

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

1-year TB 3.074 3.084 -1.0

2-year TB 3.023 3.034 -1.1

3-year TB 2.924 2.946 -2.2

10-year TB 2.973 3.000 -2.7

2-year MSB 2.981 2.997 -1.6

3-year CB (AA-) 3.402 3.421 -1.9

(END)

Source: Yonhap News Age…