web DeskHyundai Motor’s Aug. sales down 5.3 pct as exports fall
Hyundai Motor Co., South Korea’s leading carmaker, said Monday its August sales slipped 5.3 percent from last year as exports declined. Hyundai Motor sold 332,963 vehicles in last month, down…
Kia’s Aug. sales fall 1.7 pct
Kia Corp., South Korea’s second-largest automaker, said Monday its August sales fell 1.7 percent from a year earlier amid weakened demand both at home and overseas. Kia, the smaller affiliate…
(LEAD) Seoul shares rise ahead of U.S. Fed meeting
South Korean shares rose Monday, as investors bet on a U.S. rate cut. The local currency slightly lost ground against the U.S. dollar. The benchmark Korea Composite Stock Price Index…
S. Korean Bond Yields on Sep. 2, 2024
Today (%) Previous Session(%) Change (BP) 1-year TB 3.063 3.060 +0.3 2-year TB 3.091 3.067 +2.4 3-year TB 2.989 2.953 +3.6 10-year TB 3.121 3.088 +3.3 2-year MSB 3.051 3.022…
GM Korea’s Aug. sales plunge 50.7 pct amid partial strike
GM Korea Co., the South Korean unit of General Motors Co., said Monday its August sales plummeted over 50 percent from a year earlier due to production delays caused by…
S. Korea training camp opens ahead of World Cup qualifying matches as coach Hong begins 2nd tenure
South Korea opened their training camp Monday ahead of two World Cup qualifying matches coming up this month, as head coach Hong Myung-bo began his second tour of duty with…
Presidential office raps DP for spreading ‘groundless’ martial law plan
The presidential office lambasted the main opposition Democratic Party (DP) on Monday for spreading false rumors about the government allegedly planning to declare martial law. Presidential spokesperson Jeong Hye-jeon condemned…
5 major lenders extend household loans by record clip in Aug.
Household loans extended by the country’s five major banks rose by the most on record last month despite warnings from the financial regulators and a series of rate hikes, industry…