General

S. Korea begins production of KF-21 fighter jet

South Korea began production of the homegrown KF-21 fighter jet Wednesday, the defense procurement agency said, in the latest milestone in the country’s efforts to build an advanced fighter aircraft.

A ceremony marking the assembly of the first KF-2…

S. Korean Bond Yields on Jul. 10, 2024

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

1-year TB 3.201 3.201 0.0

2-year TB 3.163 3.159 +0.4

3-year TB 3.120 3.114 +0.6

10-year TB 3.198 3.191 +0.7

2-year MSB 3.148 3.137 +1.1

3-year CB (AA-) 3.576 3.572 +0.4

91-day CD 3.550 3.560 -1.0

Sou…

Suspect in Pattaya murder case extradited home from Cambodia

One of three suspects behind the murder of a South Korean tourist in Pattaya, Thailand, was extradited home from Cambodia, nearly two months after his arrest, officials said Wednesday.

The National Police Agency said the suspect was brought home ear…

LS Cable to invest US$680 mln to build cable plant in U.S.

LS Cable and System Ltd., South Korea’s biggest cable company, said Wednesday it will invest over US$680 million to build a cable plant in the United States by 2027 to meet growing local demand.

LS GreenLink USA, Inc., a wholly owned subsidiary of…