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

1-year TB 3.442 3.447 -0.5

2-year TB 3.420 3.420 0.0

3-year TB 3.321 3.325 -0.4

10-year TB 3.399 3.381 +1.8

2-year MSB 3.384 3.381 +0.3

3-year CB (AA-) 3.959 3.962 -0.3

91-day CD 3.680 3.680 0.0

Sourc…

South Korean stocks closed slightly higher Thursday after U.S. Fed Chairman Jerome Powell hinted at a possible rate cut this year, while acknowledging economic uncertainties still remain. The local currency gained against the U.S. dollar.

The benchma…

The government has begun forming a committee responsible for allocating 2,000 additional medical school admission seats to universities, officials said Thursday, amid continuing protests from doctors against the plan.

The move came as the government …

Hyundai Motor Co., BMW Korea and two other carmakers will recall nearly 70,000 vehicles due to faulty components, the transport ministry said Thursday.

The four companies, including Kia Corp. and Stellantis Korea, are voluntarily recalling a total of…

South Korean adults’ financial literacy is higher than the Organization for Economic Cooperation and Development (OECD) average, a report showed Thursday.

According to the survey by the Bank of Korea and the Financial Supervisory Service, the financi…

Foreign caregivers

BOK suggests individuals hire foreign caregivers through private contracts

As the rising cost of caregiving takes a toll on South Korean households, the Bank of Korea proposed two different ways of hiring foreign workers amid a gr…