General

Seoul shares open higher on U.S. rate cut hopes

South Korean shares opened slightly higher Monday amid growing hopes for a U.S. rate cut. The benchmark Korea Composite Stock Price Index (KOSPI) added 2.85 points, or 0.11 percent, to 2,704.54 in the first 15 minutes of trading. The increase follows sharp gains on Wall Street, prompted by remarks from U.S. Federal Reserve Chair Jerome Powell that hinted at the

KOSPI 200 Closing Price List-1

Monday’s closing prices (KRW) of KOSPI 200 stocks traded on the main Korea Stock Exchange. TCC STEEL 32,300 DN 150 LotteChilsung 135,100 DN 3,500 AmoreG 24,400 DN 250 HyundaiMtr 249,500 DN 3,000 KCC 298,000 DN 2,000 SKBP 109,500 UP 700 KAL 22,650 UP 550 SeAH Steel Holdings 164,500 DN 1,300 LG Corp. 81,000 UP 900 Daewoong 24,600 UP 350 SamyangFood

S. Korean Bond Yields on morning of Aug. 26, 2024

Today (%) Previous Session(%) Change (BP) 1-year TB 3.038 3.050 -1.2 2-year TB 3.016 3.037 -2.1 3-year TB 2.892 2.920 -2.8 10-year TB 2.981 3.005 -2.4 2-year MSB 2.965 2.991 -2.6 3-year CB (AA-) 3.415 3.439 -2.4 Source: Yonhap News Agency

3 S. Koreans grab automatic spots for Presidents Cup

Three South Korean golfers have locked down automatic spots for this year’s Presidents Cup, a biennial match play competition between the United States and a team of non-European international players. Hours after the conclusion of the BMW Championship in Colorado on Sunday (local time), the Presidents Cup organizers unveiled the top six players on the International Team who had earned

Seoul shares open higher on U.S. rate cut hopes

South Korean shares opened slightly higher Monday amid growing hopes for a U.S. rate cut.

The benchmark Korea Composite Stock Price Index (KOSPI) added 2.85 points, or 0.11 percent, to 2,704.54 in the first 15 minutes of trading.

The increase follo…

Yoon to meet ruling party leadership this week

President Yoon Suk Yeol will host a dinner meeting with the leadership of the ruling People Power Party (PPP) later this week, party officials said Monday.

PPP leader Han Dong-hoon, floor leader Choo Kyung-ho, five Supreme Council members and the pa…

Court to hold bail hearing for popera star Kim Ho-joong next month over hit-and-run

A Seoul court will hold a hearing next month to decide whether to grant bail to popera singer Kim Ho-joong arrested on charges of driving his car across a centerline into a stationary taxi under the influence of alcohol and fleeing, judicial officials said Monday. The Seoul Central District Court will hold the hearing on Sept. 30, the sources said.