The financial regulator said Tuesday it will soon launch an inspection of virtual asset exchanges to check for any illegal or unfair transactions. The planned inspection will be the first of its kind since the country introduced tougher rules against illegal trading of virtual assets in July under the new Virtual Asset Users Protection Act, which enabled maximum punishment of

[as of 11:30 am] Today (%) Previous Session(%) Change (BP) 1-year TB 3.056 3.063 -0.7 2-year TB 3.087 3.091 -0.4 3-year TB 2.992 2.989 +0.3 10-year TB 3.117 3.121 -0.4 2-year MSB 3.046 3.051 -0.5 3-year CB (AA-) 3.549 3.542 +0.7 Source: Yonhap News Agency

South Korean stocks traded slightly higher late Tuesday morning as investors took to the sidelines ahead of important U.S. data. The benchmark Korea Composite Stock Price Index (KOSPI) gained 5.45 points, or 0.20 percent, to 2,686.45 as of 11:20 a.m. The index had opened slightly higher but trimmed earlier gains as investors took caution before the release of U.S. jobs

The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m. Term Today (%) Previous Session (%) 1-W 3.50 3.50 1-M 3.49 3.49 2-M 3.49 3.49 3-M 3.50 3.49 6-M 3.46 3.46 12-M 3.39 3.38 Source: Yonhap News Agency

South Korea’s exports of food products over the first eight months of 2024 increased 8.7 percent from a year earlier on the back of robust shipments of instant noodles and processed rice products, data showed Tuesday. Outbound shipments of processed and fresh foodstuffs reached US$6.47 billion over the January-August period, compared with $5.95 billion tallied a year earlier, according to

Around 30 South Korean nationals who stayed in Israel after attending a religious event have now left the country, officials said Tuesday. That means all South Korean travelers who were there for the same event have exited the region, where tensions have heightened following a series of missile and air strikes exchanged between Israel and the Lebanese militant group Hezbollah.

Former U.S. President Donald Trump said in a soon-to-be published book that his summitry with North Korean leader Kim Jong-un during his time in office showed “real change” was “indeed” possible, portraying it as “honest, direct and productive.” The Republican presidential candidate made the remarks in the photo book, titled “Save America,” reinforcing speculation that should he win the Nov.

Six days after the dismissal of Min Hee-jin as CEO of their label, ADOR, members of the K-pop girl group NewJeans broke their silence on the issue, expressing concerns and emotional distress. “Since the CEO was dismissed, it’s been difficult in many ways and we have a lot of concerns. For a while, I was in a state of mental