October 28, 2024

S. Korean Bond Yields on Oct. 28, 2024

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

1-year TB 2.873 2.851 +2.2

2-year TB 2.938 2.896 +4.2

3-year TB 2.932 2.882 +5.0

10-year TB 3.117 3.054 +6.3

2-year MSB 2.926 2.880 +4.6

3-year CB (AA-) 3.503 3.451 +5.2

91-day CD 3.410 3.400 +1.0

Sou…

Seoul City to expand 24-hr call center to halve suicide rate

The Seoul city government will more than double the size of its 24-hour call center for people struggling with suicidal impulses and establish community-based networks for those vulnerable to suicide, aiming to reduce the suicide rate, officials said …

(LEAD) LG Chem Q3 net jumps 73 pct on one-off gains

LG Chem Ltd., South Korea’s leading chemical firm, said Monday its third-quarter net profit jumped 73 percent from a year earlier, helped by one-off gains.

Net profit for the three months ended in September soared to 1.01 trillion won (US$729 million…

KEPCO shortlisted for Saudi renewable energy projects

The state-run Korea Electric Power Corp. (KEPCO) has been shortlisted for major renewable energy projects in Saudi Arabia estimated at 3 trillion won (US$2.16 billion), the Saudi’s energy procurement agency said Monday.

The Saudi Power Procurement Co…

Yoon receives credentials from Apostolic Nuncio, 12 ambassadors

President Yoon Suk Yeol on Monday received the credentials of Archbishop Giovanni Gaspari, the 12th Apostolic Nuncio to South Korea, and 12 other newly appointed foreign ambassadors.

The envoys are from Paraguay, Bahrain, Mongolia, Papua New Guinea, …

Gov’t holds briefing on new EU carbon policy for exporters

The industry ministry said Monday it has hosted a briefing session for South Korean companies to help them prepare for the European Union’s upcoming carbon border policy.

The session, the fourth of its kind, was held in Gwangju, 269 kilometers south …