General

KG Dongbusteel Q2 net income down 32.8 pct to 37.9 bln won

KG Dongbusteel Co. on Thursday reported its second-quarter net profit of 37.9 billion won (US$27.4 million), down 32.8 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period fell 12.4 perc…

Top diplomats of S. Korea, Australia to hold talks next week

Foreign Minister Cho Tae-yul will hold talks with his Australian counterpart, Penny Wong, in Seoul next week to discuss ways to bolster cooperation in defense and other sectors, Seoul’s foreign ministry said Thursday.

The meeting, to be held Tuesday,…

LG Electronics Q2 net profit up 222.3 pct to 629.5 bln won

LG Electronics Inc. on Thursday reported its second-quarter net income of 629.5 billion won (US$454.1 million), up 222.3 percent from a year earlier.

The company said in a regulatory filing that operating income for the April-June period rose 61.2 pe…

Director Lee Eung-bok reflects on ‘Sweet Home’ success, legacy

Being one of the trailblazers in the new creature genre, which had been rarely explored in South Korea’s drama industry, was both terrifying and rewarding, the director of Netflix’s Korean original monster series “Sweet Home” said Thursday.

“Not long…

S. Korean Bond Yields on Jul. 25, 2024

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

1-year TB 3.203 3.217 -1.4

2-year TB 3.103 3.118 -1.5

3-year TB 3.024 3.046 -2.2

10-year TB 3.128 3.131 -0.3

2-year MSB 3.076 3.102 -2.6

3-year CB (AA-) 3.484 3.509 -2.5

91-day CD 3.510 3.510 0.0

Sour…