Kia Corp., South Korea’s second-largest automaker by sales, said Monday its sales fell 2.1 percent last month from a year earlier.
Kia, a smaller affiliate of Hyundai Motor Co., sold 264,313 vehicles in May, down from 270,009 units a year ago, due m…
SK Group Chairman Chey Tae-won issued an apology on Monday after a court ordered him to pay his estranged wife a record settlement, a ruling that may affect his grip on the energy and telecom conglomerate.
“I apologize for the distress that my perso…
South Korea on Monday unveiled another monument on a small southwestern island, hoping for the safe return of South Korean high school students abducted by North Korea in the late 1970s.
Four high school students were kidnapped by North Korean agent…
Today (%) Previous Session(%) Change (BP)
1-year TB 3.393 3.410 -1.7
2-year TB 3.451 3.462 -1.1
3-year TB 3.438 3.452 -1.4
10-year TB 3.546 3.578 -3.2
2-year MSB 3.437 3.451 -1.4
3-year CB (AA-) 3.861 3.871 -1.0
Source: Yonhap News Agency
South Korean stocks rallied by more than 1.7 percent Monday as investors’ sentiment was boosted by favorable economic data that could lead to a rate cut in the United States. The local currency rose sharply against the U.S. dollar.
The benchmark Kor…