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

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…

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…

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…

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) …

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…

The South Korean economy is on a recovery track on strong exports, but sagging domestic demand has limited the overall economic improvement, a state-run think tank said Wednesday.

“The Korean economy has sustained strong export growth, primarily fue…

The Olympic badminton champion An Se-young insisted Wednesday she is not trying to pick fights with her national team or the sport’s national federation, after she’d leveled criticism against them for archaic systems and inefficient operations.

An r…