Today (%) Previous Session(%) Change (BP) 1-year TB 3.056 3.063 -0.7 2-year TB 3.088 3.091 -0.3 3-year TB 2.981 2.989 -0.8 10-year TB 3.120 3.121 -0.1 2-year MSB 3.041 3.051 -1.0 3-year CB (AA-) 3.545 3.542 +0.3 91-day CD 3.510 3.520 -1.0 Source: Yonhap News Agency

K hynix Inc., the world’s second-largest memory chipmaker, is developing next-generation high bandwidth memory (HBM) products to meet booming global demand for artificial intelligence and higher performance computing, a senior executive said Tuesday. “Demand for improvement in memory bandwidth is increasing following a spike in data traffic in the era of AI and high-performance computing,” Lee Kang-wook, head of package

North Korea is estimated to have earned more than US$6 billion through hacking and other illicit activities over the past seven years despite facing heavy international sanctions, a state-run think tank report showed Tuesday. North Korea’s income through illegal activities from 2017 to 2023, such as smuggling out coal, reached a total of $6.29 billion, according to the report from

The following are the top headlines in major South Korean newspapers on Sept. 3. Korean-language dailies — National Assembly kicks off without Yoon’s attendance (Kyunghyang Shinmun) — 5 major lenders extend household loans by record clip in Aug. (Kookmin Daily) — Yoon skips parliamentary opening; 1st time since democracy began in 1987 (Donga Ilbo) — ERs in emergency mode; Chuseok

South Korean shares fell as investors took to the sidelines ahead of key U.S. data. The local currency lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index (KOSPI) lost 16.37 points, or 0.61 percent, to close at 2,664.63. Trade volume was moderate at 291 million shares worth 8.8 trillion won (US$6.56 billion), with gainers outnumbering losers

Industry Minister Ahn Duk-geun met his Bulgarian counterpart on Tuesday to sign a memorandum of understanding on forging deeper ties in the energy sector, including the nuclear power industry. Ahn inked the agreement with his Bulgarian counterpart, Vladimir Malinov, in Seoul to seek bilateral energy cooperation in the face of geopolitical uncertainties, including the Middle East crisis, according to the

– Hanwha Ocean Co., a major South Korean defense and shipbuilding company, said Tuesday it has begun maintenance, repair and overhaul (MRO) services for a 40,000-ton logistics support vessel of the U.S. Navy. The Wally Schirra arrived at Hanwha Ocean’s shipyard in Geoje on the southern coast of South Korea on Monday for regular maintenance, according to the Korean shipbuilder.

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