Today (%) Previous Session(%) Change (BP) 1-year TB 3.063 3.060 +0.3 2-year TB 3.091 3.067 +2.4 3-year TB 2.989 2.953 +3.6 10-year TB 3.121 3.088 +3.3 2-year MSB 3.051 3.022 +2.9 3-year CB (AA-) 3.542 3.503 +3.9 91-day CD 3.520 3.520 0.0 Source: Yonhap News Agency

GM Korea Co., the South Korean unit of General Motors Co., said Monday its August sales plummeted over 50 percent from a year earlier due to production delays caused by a partial strike over wages. GM Korea sold 15,634 vehicles last month, down 50.7 percent from 31,716 units a year ago, the company said in a statement. Domestic sales fell

South Korea opened their training camp Monday ahead of two World Cup qualifying matches coming up this month, as head coach Hong Myung-bo began his second tour of duty with the men’s national team. South Korea will host Palestine at 8 p.m. Thursday at Seoul World Cup Stadium to begin Group B play in the third round of the Asian

The presidential office lambasted the main opposition Democratic Party (DP) on Monday for spreading false rumors about the government allegedly planning to declare martial law. Presidential spokesperson Jeong Hye-jeon condemned DP leader Lee Jae-myung for raising the allegations during a live broadcast meeting with ruling People Power Party leader Han Dong-hoon on Sunday. “We are appalled that the leader of

Household loans extended by the country’s five major banks rose by the most on record last month despite warnings from the financial regulators and a series of rate hikes, industry sources said Monday. According to the sources, KB Kookmin, Woori and three others extended a combined 9.62 trillion won (US$7.19 billion) last month, the sharpest-ever increase. Mortgage loans extended by

South Korea opened their training camp Monday ahead of two World Cup qualifying matches coming up this month, as head coach Hong Myung-bo began his second tour of duty with the men’s national team. South Korea will host Palestine at 8 p.m. Thursday at Seoul World Cup Stadium to begin Group B play in the third round of the Asian

President Yoon Suk Yeol met with Fatih Birol, the chief of the International Energy Agency (IEA), on Monday, the president’s office said, expressing gratitude for the agency’s support of Seoul’s Carbon-Free Energy (CFE) initiative. In September, Yoon introduced the CFE initiative during his keynote speech at the U.N. General Assembly, focusing on achieving carbon neutrality by leveraging carbon-free energy sources.