August 5, 2024

KCC swings to red in Q2

KCC Corp. on Monday reported its second-quarter net loss of 32.8 billion won (US$24.2 million), shifting from a profit of 67.3 billion won a year earlier.

Operating profit for the April-June period was 140.6 billion won, up 55.5 percent from a year …

S. Korea to provide US$3 mln to 4 drought-hit African countries

South Korea will provide US$3 million to four African countries to help them cope with the damage from severe drought, the foreign ministry said Monday.

Of the total, $1 million will each be delivered to Zimbabwe and Zambia, and $500,000 each to Mal…

S. Korean Bond Yields on Aug. 5, 2024

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

1-year TB 3.083 3.124 -4.1

2-year TB 2.928 3.041 -11.3

3-year TB 2.806 2.939 -13.3

10-year TB 2.878 2.976 -9.8

2-year MSB 2.899 3.004 -10.5

3-year CB (AA-) 3.271 3.394 -12.3

91-day CD 3.480 3.480 0.0