General

Seoul shares up late Fri. morning on U.S. gains

South Korean shares extended earlier gains to trade sharply higher late Friday morning on faster-than-expected U.S. growth.

The benchmark Korea Composite Stock Price Index (KOSPI) added 23.48 points, or 0.87 percent, to 2,734.13 as of 11:20 a.m.

Th…

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

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

1-year TB 3.197 3.203 -0.6

2-year TB 3.103 3.103 0.0

3-year TB 3.033 3.024 +0.9

10-year TB 3.121 3.128 -0.7

2-year MSB 3.085 3.076 +0.9

3-year CB (AA-) 3.489 3.484 +0.5

Source: Yonhap News Agency

Hanwha Ocean remains in red in Q2

Hanwha Ocean Co. on Friday reported its second-quarter net loss of 27.4 billion won (US$19.8 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that it continued to post an operating loss of 9.6 billion …

S-Oil remains in red in Q2

S-Oil Corp. on Friday reported its second-quarter net loss of 21.3 billion won (US$15.4 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating profit for the April-June period rose 341.1 perce…