January 10, 2024

S. Korea’s employment rate hits all-time high in 2023

South Korea’s on-year employment grew at a slower pace in 2023, but the employment rate reached a record high, data showed Wednesday.

The number of employed people rose 327,000 in 2023 from a year earlier, or 1.2 percent, to come to 28.41 million, a…

Prosecutors demand death penalty for stabbing rampage suspect

Prosecutors on Wednesday demanded the death penalty for Cho Seon who was indicted for stabbing one man to death and wounding three others near a subway station in southern Seoul last July.

The demand was made during a trial at the Seoul Central Dist…

S. Korean Bond Yields on Jan. 10, 2024

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

1-year TB 3.427 3.424 +0.3

2-year TB 3.363 3.355 +0.8

3-year TB 3.269 3.255 +1.4

10-year TB 3.346 3.323 +2.3

2-year MSB 3.334 3.320 +1.4

3-year CB (AA-) 4.017 4.004 +1.3

91-day CD 3.790 3.800 -1.0

So…