General

Another tropical night in Seoul after brief halt

Seoul experienced another tropical night overnight, just a day after the end of a record 34-day streak of overnight temperatures remaining above 25 C, the Korea Meteorological Administration (KMA) said Monday. The lowest nighttime temperature overnight in the capital city was 25.6 C at 5:54 a.m., according to the KMA. Seoul had seen tropical nights every day from July 21

2 S. Korean players qualify for PGA Tour playoff finale

Two South Korean players have qualified for the final playoff event of the PGA Tour, with one having extended his appearance streak to six while the other is about to make his debut. Im Sung-jae and An Byeong-hun stayed safely inside the top 30 in the FedEx Cup points standings following the conclusion of the second playoff event, the BMW

Insurance firms’ lending falls in H1

Loans extended by insurance firms in South Korea dropped in the first half of the year amid a slight rise in their loan default rate, data showed Monday.

Outstanding loans extended by insurance companies here came to 266.4 trillion won (US$200.4 bil…

S. Korean Bond Yields on Aug. 26, 2024

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

1-year TB 3.039 3.050 -1.1

2-year TB 3.011 3.037 -2.6

3-year TB 2.890 2.920 -3.0

10-year TB 2.974 3.005 -3.1

2-year MSB 2.967 2.991 -2.4

3-year CB (AA-) 3.414 3.439 -2.5

91-day CD 3.510 3.510 0.0

Sou…

S. Korea, U.S. stage live-fire air drills amid N.K. threats

South Korea and the United States began a joint live-fire aerial exercise Monday, the South Korean Air Force said, in the latest move to reinforce capabilities to counter North Korean threats. The three-day exercise got under way earlier in the day over waters off South Korea’s western coast, mobilizing some 60 military planes, including South Korea’s F-35A, F-15K and KF-16

Top prosecutor vows to respect investigation review panel in first lady’s case

Prosecutor General Lee One-seok said Monday that he will respect the upcoming conclusion by a panel of external private experts on first lady Kim Keon Hee’s luxury handbag case. Lee made the remarks after referring the case to the investigation review committee, an external body that deliberates on investigations of high public interest, last Friday. Earlier that week, he was

N. Korean leader oversees performance test of drones, calls for developing more suicide drones

North Korean leader Kim Jong-un has overseen a performance test of various drones, calling for the development of more suicide drones to enhance war preparedness, state media reported Monday. Kim supervised the test organized by the Drone Institute of the Academy of Defence Sciences on Saturday, according to the Korean Central News Agency (KCNA). In the test, the drones flew