A potential discovery of oil and gas reserves off South Korea’s East Sea is “highly prospective,” Vitor Abreu, the owner and adviser of the U.S. geoscience research company Act-Geo behind the country’s oil exploration project, said Friday, citing the…

Former Gyeonggi Province Vice Gov. Lee Hwa-young, who is said to be close to opposition leader Lee Jae-myung, was sentenced by a court on Friday to nine years and six months in prison on multiple charges, including collusion in an underwear maker’s u…

South Korean stocks ended more than 1 percent higher Friday as investors’ hopes for U.S. rate cuts increased after the European Central Bank (ECB) cut interest rates for the first time in almost five years. The local currency rose against the U.S. do…

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

1-year TB 3.334 3.349 -1.5

2-year TB 3.342 3.379 -3.7

3-year TB 3.308 3.345 -3.7

10-year TB 3.385 3.430 -4.5

2-year MSB 3.339 3.366 -2.7

3-year CB (AA-) 3.736 3.771 -3.5

91-day CD 3.600 3.600 0.0

Sou…

Former Gyeonggi Province Vice Gov. Lee Hwa-young, who is said to be close to opposition leader Lee Jae-myung, was sentenced by a court on Friday to nine years and six months in prison on multiple charges, including collusion in an underwear maker’s u…

President Yoon Suk Yeol will pay state visits to Turkmenistan, Kazakhstan and Uzbekistan next week, focusing on expanding cooperation in critical minerals and other key sectors, his office said Friday.

Yoon will embark on the six-day trip Monday, ac…