General

Alibaba.com to open website only for S. Korean products in H2

Alibaba.com, China’s largest online marketplace, said Wednesday it will open an exclusive website for South Korean companies in the second half, reflecting a growing demand from B2B buyers for Korean-made products.

Korean products have been availabl…

S. Korean Bond Yields on July 2, 2024

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

1-year TB 3.261 3.309 -4.8

2-year TB 3.209 3.263 -5.4

3-year TB 3.169 3.210 -4.1

10-year TB 3.289 3.312 -2.3

2-year MSB 3.209 3.266 -5.7

3-year CB (AA-) 3.634 3.681 -4.7

91-day CD 3.600 3.600 0.0

Sou…

Seoul shares start lower despite U.S. gains

SEOUL, South Korean stocks opened slightly lower Tuesday despite overnight gains on Wall Street.

The benchmark Korea Composite Stock Price Index (KOSPI) lost 7.76 points, or 0.28 percent, to 2,796.55 in the first 15 minutes of trading.

Overnight, W…

(EDITORIAL from Korea JoongAng Daily on July 2)

Uncertainty has swept the political scene in the United States with only four months left before the Nov. 5 presidential election. Last Thursday’s first TV debate between President Joe Biden, 81, and former President Donald Trump, 78, highlighted Bid…