October 21, 2024

Seoul shares snap 3-day fall on bargains; won at over 2-month low

Seoul shares closed higher Monday to snap their three-day slide as investors scooped oversold stocks after U.S. gains. The Korean won fell to the lowest in over two months against the U.S. dollar.

The benchmark Korea Composite Stock Price Index rose…

Foreign currency deposits up for 4th month in September

Foreign currency deposits increased for the fourth straight month in September as companies increased U.S. dollar-denominated deposits, central bank data showed Monday.

Residents’ outstanding foreign currency-denominated deposits reached US$104.07 b…

Health ministry, WHO to host World Bio Summit next month

The health ministry said Monday it plans to co-host an annual biotechnology convention next month with the World Health Organization, bringing experts together to discuss strategies for a stable global health care supply chain.

Under the theme “Futu…

S. Korean Bond Yields on morning of Oct. 21, 2024

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

1-year TB 2.863 2.862 +0.1

2-year TB 2.920 2.930 -1.0

3-year TB 2.904 2.908 -0.4

10-year TB 3.060 3.072 -1.2

2-year MSB 2.905 2.915 -1.0

3-year CB (AA-) 3.474 3.480 -0.6

Source: Yonhap News Agency