October 7, 2024

LG Energy Solution to double sales by 2028

LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Monday it aims to more than double its sales by 2028 with a focus on non-EV business amid the slowdown of electric vehicles.

LGES announced its business portfolio diversificat…

S. Korean Bond Yields on morning of Oct. 7, 2024

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

1-year TB 2.863 2.827 +3.6

2-year TB 2.956 2.851 +10.5

3-year TB 2.934 2.824 +11.0

10-year TB 3.085 2.996 +8.9

2-year MSB 2.945 2.853 +9.2

3-year CB (AA-) 3.523 3.415 +10.8

Source: Yonhap News Agency

S. Korean Bond Yields on Oct. 7, 2024

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

1-year TB 2.861 2.827 +3.4

2-year TB 2.980 2.851 +12.9

3-year TB 2.960 2.824 +13.6

10-year TB 3.101 2.996 +10.5

2-year MSB 2.962 2.853 +10.9

3-year CB (AA-) 3.546 3.415 +13.1

91-day CD 3.510 3.520 -1.0…