Seoul shares slightly extended gains late Wednesday morning as investors await the U.S. Federal Reserve’s policy decision amid expectations that a rate cutting cycle may begin in the near future.

The benchmark Korea Composite Stock Price Index (KOSP…

A parliamentary committee decided Wednesday to hold a hearing next month over the impeachment of a prosecutor related to first lady Kim Keon Hee’s alleged stock manipulation scheme.

The legislation and judiciary committee adopted the plan to hold th…

President Yoon Suk Yeol advised new ruling party chief Han Dong-hoon to embrace diverse people when they held closed-door talks at the presidential office this week, a presidential official said Wednesday.

Yoon and People Power Party chief Han talke…

Seoul shares ended sharply higher Wednesday on tech gains amid expectations that the U.S. Federal Reserve may begin a rate cutting cycle within months. The Korean won rose against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOS…

Kim Moon-soo, the labor minister nominee, is a former labor rights fighter- turned-conservative politician.

Kim, currently the head of the presidential Economic, Social and Labor Council, became a labor and democratization icon in the 1970s and 1980…

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

1-year TB 3.152 3.155 -0.3

2-year TB 3.086 3.076 +1.0

3-year TB 3.004 2.994 +1.0

10-year TB 3.064 3.052 +1.2

2-year MSB 3.067 3.060 +0.7

3-year CB (AA-) 3.459 3.451 +0.8

91-day CD 3.500 3.500 0.0

Sou…

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

1-year TB 3.151 3.155 -0.4

2-year TB 3.075 3.076 -0.1

3-year TB 3.000 2.994 +0.6

10-year TB 3.053 3.052 +0.1

2-year MSB 3.059 3.060 -0.1

3-year CB (AA-) 3.454 3.451 +0.3

Source: Yonhap News Agency

South Korea’s intelligence agency is closely watching relations between North Korea and China, amid increasing signs of the two countries growing apart, officials said Wednesday.

The National Intelligence Service (NIS) said it is monitoring any unus…