The presidential office flatly denied claims by an election broker Tuesday that he frequently communicated with President Yoon Suk Yeol and first lady Kim Keon Hee during Yoon’s campaign for the People Power Party (PPP) presidential nomination in 2021…
LG Energy Solution Ltd. (LGES), South Korea’s leading battery maker, said Tuesday it has signed deals to supply batteries for Ford Motor Co.’s commercial vehicles.
In two separate contracts, LGES will supply 34 GWh batteries to the U.S. carmaker from…
1-year TB 2.849 2.857 -0.8
2-year TB 2.936 2.962 -2.6
3-year TB 2.906 2.938 -3.2
10-year TB 3.050 3.087 -3.7
2-year MSB 2.906 2.928 -2.2
3-year CB (AA-) 3.475 3.509 -3.4
91-day CD 3.400 3.400 0.0
Source: Yonhap News Agency
South Korean shares closed higher for a third consecutive session Tuesday on advances by tech shares. The local currency lost ground against the U.S. greenback.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 10.16 points, or 0.39 perc…
North Korea on Tuesday blew up roads connected to South Korea once seen as symbols of inter-Korean cooperation as it seeks to cement its animosity toward the South, which it regards as a “primary foe.”
“The North Korean military conducted detonations…