Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.
“In terms of stability of consumer prices, it is time to sufficiently consider lowering a benchm…
South Korean shares opened higher Tuesday, helped by large cap gains amid growing hopes for a U.S. rate cut.
The benchmark Korea Composite Stock Price Index (KOSPI) added 12.33 points, or 0.46 percent, to 2,693.33 in the first 15 minutes of trading….
POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a Tanzanian mine.
POSCO International signed the ag…
South Korea’s consumer prices slowed to the lowest level in nearly 3 1/2 years in August on easing prices of farm produce and global oil, data showed Tuesday.
Consumer prices, a key gauge of inflation, rose 2 percent on-year last month, compared wit…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.056 3.063 -0.7
2-year TB 3.088 3.091 -0.3
3-year TB 2.981 2.989 -0.8
10-year TB 3.120 3.121 -0.1
2-year MSB 3.041 3.051 -1.0
3-year CB (AA-) 3.545 3.542 +0.3
91-day CD 3.510 3.520 -1.0
So…