General

Seoul shares open sharply lower on continuing U.S. slowdown fears

South Korean stocks started sharply lower Monday as investor sentiment was dampened by continuing fears of a U.S. economic slowdown.

The benchmark Korea Composite Stock Price Index (KOSPI) fell 100.4 points, or 3.75 percent, to 2,575.79 in the first…

S. Korean Bond Yields on Aug. 5, 2024

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

1-year TB 3.083 3.124 -4.1

2-year TB 2.928 3.041 -11.3

3-year TB 2.806 2.939 -13.3

10-year TB 2.878 2.976 -9.8

2-year MSB 2.899 3.004 -10.5

3-year CB (AA-) 3.271 3.394 -12.3

91-day CD 3.480 3.480 0.0

(EDITORIAL from Korea JoongAng Daily on August 5)

A report released by the Korea Institute for Health and Social Affairs is shocking. It explicitly shows the alarming level of social conflict and discontent about unfairness in our society. The level of social conflict scored 2.93 points out of the m…

Le Sserafim to return with new EP ‘Crazy’

K-pop girl group Le Sserafim will release its fourth EP, “Crazy,” on Aug. 30, the group’s agency, Source Music, said Monday.

Le Sserafim also shared the news of its forthcoming album release on the K-pop fan community platform Weverse earlier in the…