General

Kumho Petro Chemical Q2 net profit up 15.9 pct to 131.6 bln won

Kumho Petro Chemical Co. on Friday reported its second-quarter net profit of 131.6 billion won (US$96 million), up 15.9 percent from a year earlier.

Operating income for the April-June period was 119.1 billion won, up 10.7 percent from a year ago, t…

National Assembly votes to impeach broadcasting watchdog chief

The opposition-led National Assembly voted Friday to impeach Korea Communications Commission (KCC) Chairperson Lee Jin-sook, just two days after she took office.

The impeachment motion passed in a 186-1 vote with one abstention and Lee’s duties were…

S. Korean Bond Yields on Aug. 2, 2024

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

1-year TB 3.124 3.137 -1.3

2-year TB 3.041 3.061 -2.0

3-year TB 2.939 2.976 -3.7

10-year TB 2.976 3.010 -3.4

2-year MSB 3.004 3.043 -3.9

3-year CB (AA-) 3.394 3.431 -3.7

91-day CD 3.480 3.490 -1.0

So…