S. Korean Bond Yields on Nov. 4, 2022
Today (%) Previous Session(%) Change (BP) 1-year TB 3.902 3.901 +0.1 2-year TB 4.185 4.213 -2.8 3-year TB 4.118 4.158 -4.0 10-year TB 4.182 4.197 -1.5 2-year MSB 4.241 4.257…
Business
Seoul stocks end higher on hopes for Chinese market reopening
SEOUL– South Korean stocks closed higher Friday following volatile trading throughout the session, as foreigners and institutions expanded holdings on expectations that China would ease coronavirus restrictions. The Korean won…
Lotte Shopping turns to red in Q3 on slump at its electronics retailer
SEOUL– Lotte Shopping Co., the retail arm of Lotte Group, said Friday that it swung to the red in the third quarter of the year from a year earlier due…
Yoon asks Japanese lawmakers to help increase people-to-people exchanges
SEOUL– President Yoon Suk-yeol met with a group of Japanese lawmakers on Friday and asked them to help increase people-to-people exchanges that have resumed in earnest following the COVID-19 pandemic.…
Lotte Chilsung Beverage Q3 net profit down 49.5 pct to 46.7 bln won
SEOUL– Lotte Chilsung Beverage Co. on Thursday reported its third-quarter net income of 46.7 billion won (US$32.9 million), down 49.5 percent from a year earlier. Operating profit for the July-September…
SK Innovation logs steep Q3 net decline amid falling oil prices
SEOUL– SK Innovation Co. said Thursday its third-quarter net profit sank 65.5 percent from a year earlier on narrowing refinery margins amid a fall in global oil prices. Net income…