Day: October 28, 2024

HD Hyundai Infracore turns to loss in Q3

HD Hyundai Infracore Co. on Monday reported its third-quarter net loss of 25.4 billion won (US$18.4 million), turning from a profit of 49 billion won a year earlier.

Operating profit for the July-September period was 20.7 billion won, down 76.9 perce…

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S. Korea to use homegrown transmission for K2 tanks

South Korea’s defense authorities approved on Monday a plan to build K2 battle tanks with a homegrown transmission system, the state arms procurement agency said.

Under the plan endorsed by the Defense Project Promotion Committee, K2 tanks will be eq…

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S. Korean Bond Yields on Oct. 28, 2024

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

1-year TB 2.873 2.851 +2.2

2-year TB 2.938 2.896 +4.2

3-year TB 2.932 2.882 +5.0

10-year TB 3.117 3.054 +6.3

2-year MSB 2.926 2.880 +4.6

3-year CB (AA-) 3.503 3.451 +5.2

91-day CD 3.410 3.400 +1.0

Sou…

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