August 2, 2024

S. Korea’s consumer prices rise 2.6 pct in July

South Korea’s inflation picked up pace in July though it stayed below 3 percent for the fourth consecutive month, data showed Friday.

Consumer prices, a key gauge of inflation, rose 2.6 percent on-year last month, compared with a 2.4 percent increas…

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…

(EDITORIAL from Korea JoongAng Daily on August 2)

Minimize the damages to vendors and customers

A Seoul bankruptcy court froze the assets and debts of TMON and WeMakePrice – two e-commerce players under Singapore-based parent company Qoo10 – a day after the two filed for receivership amid deferred …