September 3, 2024

POSCO International buys stake in Australian mining firm

POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a Tanzanian mine.

POSCO International signed the ag…

S. Korean Bond Yields on Sep. 3, 2024

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

1-year TB 3.056 3.063 -0.7

2-year TB 3.088 3.091 -0.3

3-year TB 2.981 2.989 -0.8

10-year TB 3.120 3.121 -0.1

2-year MSB 3.041 3.051 -1.0

3-year CB (AA-) 3.545 3.542 +0.3

91-day CD 3.510 3.520 -1.0

So…