October 30, 2024

Hanwha Solutions shifts to loss in Q3

Hanwha Solutions on Wednesday reported its third-quarter net loss of 387.6 billion won (US$280.2 million), turning from a profit of 22.7 billion won a year earlier.

The company said in a regulatory filing that it posted an operating loss of 81 billio…

S. Korean Bond Yields on morning of Oct. 30, 2024

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

1-year TB 2.869 2.867 +0.2

2-year TB 2.950 2.948 +0.2

3-year TB 2.931 2.936 -0.5

10-year TB 3.105 3.118 -1.3

2-year MSB 2.952 2.943 +0.9

3-year CB (AA-) 3.499 3.504 -0.5

Source: Yonhap News Agency

Annual World-OKTA convention opens in Europe for first time

An annual conference of South Korean business leaders from around the world is successfully under way in Vienna after its opening ceremony at the Austria Center Vienna earlier this week, organizers said Wednesday.

The World Federation of Overseas Kor…

Court orders 10-yr prison term for deepfake crime suspect

A Seoul court on Wednesday sentenced the main suspect in a high-profile deepfake crime case involving alumni of the nation’s most prestigious Seoul National University (SNU) to 10 years in prison.

The Seoul Central District Court handed out the sente…