(EDITORIAL from Korea JoongAng Daily on Jan. 31)

President Yoon Suk Yeol on Tuesday vetoed the Special Act on Itaewon Disaster. The president’s decision was foreshadowed on Jan. 9, when members of the governing People Power Party (PPP) stormed out of the main hall in the legislature before the majo…

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S. Korean Bond Yields on Jan. 31, 2024

Today (%) Previous Session(%) Change (BP)

1-year TB 3.336 3.331 +0.5

2-year TB 3.319 3.312 +0.7

3-year TB 3.261 3.268 -0.7

10-year TB 3.345 3.350 -0.5

2-year MSB 3.312 3.318 -0.6

3-year CB (AA-) 4.002 4.009 -0.7

91-day CD 3.680 3.680 0.0

Sou…

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(EDITORIAL from Korea Times on Jan. 31)

Following a two-year grace period, the Serious Accidents Punishment Act (SAPA) came into effect on Saturday for smaller businesses. This regulation applies to companies with fewer than 50 employees, encompassing 837,000 firms and impacting approximat…

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LG HandH remains in red in Q4

SEOUL, LG HandH Co. on Wednesday reported its fourth-quarter net loss of 120.4 billion won (US$90.2 million), remaining in the red compared with a year ago.

The company said in a regulatory filing that operating profit for the October-December perio…

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