SEOUL, South Korean stocks sank more than 2 percent Tuesday as Israel warned of a retaliation over Iran’s drone and missile attack over the weekend. The Korean won also fell sharply against the U.S. dollar.
The benchmark Korea Composite Stock Price …
SEOUL, President Yoon Suk Yeol apologized Tuesday after his ruling People Power Party (PPP) suffered a crushing defeat in last week’s parliamentary elections, saying he failed to look into what people want and uphold their will.
Yoon made the remark…
Iran launched a massive missile and drone strike against Israel early Sunday in retaliation against Israeli airstrikes on an Iranian consular building in Damascus, Syria, early this month that killed two Iranian generals. It was Iran’s first direct a…
SEOUL, The International Monetary Fund (IMF) said Tuesday it held steady the 2024 growth outlook for South Korea at 2.3 percent on the back of great resilience in major global economies.
The latest projection is the same as its forecast made in Janu…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.455 3.444 +1.1
2-year TB 3.490 3.467 +2.3
3-year TB 3.469 3.440 +2.9
10-year TB 3.618 3.561 +5.7
2-year MSB 3.473 3.446 +2.7
3-year CB (AA-) 4.010 3.983 +2.7
91-day CD 3.560 3.560 0.0
Sou…
SEOUL, South Korea will take “instant and bold” measures if volatility in the financial market grows excessively amid escalating tensions in the Middle East, the finance ministry said Tuesday.
The foreign exchange authorities also made a verbal inte…
Abuja: At a bustling food market in Nigeria’s capital, Mummy Christiana breaks down in tears as she describes how a conflict thousands of kilometers away leaves her family struggling to