KEPCO Q2 loss widens sharply on higher fuel costs
SEOUL-- The state-run Korea Electric Power Corp. saw its net loss widen sharply in the second quarter of the year on frozen electricity rates amid higher fuel costs.The consolidated net…
August 12, 2022
Biz circle welcomes pardons of Samsung heir Lee, other moguls
SEOUL-- South Korea's business circle on Friday welcomed President Yoon Suk-yeol's decision to grant special pardons to Samsung heir Lee Jae-yong and other business leaders, and vowed efforts to help…
Seoul shares edge up amid persistent rate hike concerns
SEOUL-- South Korean stocks closed slightly higher Friday amid persistent worries about the U.S. Federal Reserve's pace of its monetary tightening. The local currency ended almost unchanged against the U.S.…
S. Korean Bond Yields on Aug. 12, 2022
Today (%) Previous Session(%) Change (BP)1-year TB 2.902 2.894 +0.82-year TB 3.160 3.125 +3.53-year TB 3.181 3.124 +5.710-year TB 3.282 3.219 +6.32-year MSB 3.149 3.122 +2.73-year CB (AA-) 4.159 4.111…
Jin Air H1 net losses narrow on recovering travel demand
SEOUL-- Jin Air Co., the budget carrier unit of Korean Air Lines Co., said Friday its first-half net losses narrowed from a year earlier on recovering travel demand amid eased…
Asiana Airlines shifts to net loss in Q2 on FX losses
SEOUL-- Asiana Airlines Inc., South Korea's second-biggest carrier, said Friday it shifted to a net loss in the second quarter from a year earlier on increased foreign-exchange losses.Asiana swung to…