SEOUL– South Korean stocks traded lower late Thursday morning as investors sought to cash in gains after the market enjoyed a four-session winning streak.The benchmark Korea Composite Stock Price Index (KOSPI) fell 20.17 points, or 0.63 percent, to tr…
SEOUL– Hancom Group, a South Korean ICT convergence company, on Thursday announced its ambitious plan to launch its first commercial satellite during the first half of next year.The nanosized satellite, named Sejong 1, is under development with Spire …
SEOUL– South Korea’s housing market sentiment declined for the third straight month for September amid weakening hopes of business improvements, a poll showed Thursday.The Korea Housing Institute said its housing business sentiment index (HBSI), based…
SEOUL– South Korean brokerage firms saw their combined net profit dip 22.6 percent on quarter in the second quarter, due to a decline in commission fees as stocks eased, data showed Thursday.The combined net profit of 58 brokerages stood at 2.31 trill…
SEOUL– The environment ministry said Thursday it has forged agreements with water bottling companies across the country to supply label-free water products to local government offices and transportation service providers.The deals call on nationwide w…
SEOUL– The unification ministry said Thursday it requested a 1.9 percent hike in its budget for cooperative projects with North Korea next year despite stalled cross-border relations.About 1.27 trillion won (US$1.1 billion) was requested for next year…
Today (%) Previous Session(%) Change (BP)1-year TB 1.046 1.066 -2.02-year TB 1.265 1.254 +1.13-year TB 1.422 1.417 +0.510-year TB 1.941 1.942 -0.12-year MSB 1.285 1.281 +0.43-year CB (AA-) 1.855 1.848 +0.791-day CD 0.920 0.920 0.0Source: Yonhap News Ag…
SEOUL– Public opinion on the ruling party’s push to pass a media bill centered on imposing punitive damages on outlets reporting misinformation or fake news was almost evenly divided, a poll showed Thursday.The Democratic Party, which holds a majority…