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Home » Archives for October 23, 2024 » Page 3

October 23, 2024

Man sentenced to life in prison for stabbing girlfriend to death over breakup

October 23, 2024

A local court on Wednesday sentenced a man to life in prison for stabbing his girlfriend to death over a breakup and seriously injuring her mother.

The Suwon District Court handed out the sentence for Kim Le-ah, along with five years of probation, ci…

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Childbirths in S. Korea extend gains to 2nd month in Aug.

October 23, 2024

The number of babies born in South Korea increased on-year for the second consecutive month in August, data showed Wednesday, amid lingering demographic challenges caused by the ultra-low birth rate and rapid aging.

A total of 20,098 babies were born…

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(LEAD) Seoul shares end higher on tech, auto gains; won slips for 8th day

October 23, 2024

Seoul shares closed higher possible slower pace in the Federal Reserve’s rate cuts. The Korean won continued to slip against the U.S. dollar.

The benchmark Korea Composite Stock Price Index rose 28.92 points, or 1.1 percent, to close at 2,599.62.

Tr…

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Number of people changing residences up 3.1 pct in Sept.

October 23, 2024

The number of South Koreans who moved to other regions in the country rose 3.1 percent on-year in September, data showed Wednesday, as more people relocated to outside Seoul in search of more affordable housing.

Around 463,000 people changed residenc…

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Seoul shares end higher on tech, auto gains; won slips for 8th day

October 23, 2024

Seoul shares closed higher Wednesday on tech and auto gains amid concerns over a possible slower pace in the Federal Reserve’s rate cuts. The Korean won continued to slip against the U.S. dollar.

The benchmark Korea Composite Stock Price Index rose 2…

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S. Korean Bond Yields on morning of Oct. 23, 2024

October 23, 2024

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

1-year TB 2.879 2.879 0.0

2-year TB 2.960 2.945 +1.5

3-year TB 2.963 2.943 +2.0

10-year TB 3.144 3.130 +1.4

2-year MSB 2.944 2.925 +1.9

3-year CB (AA-) 3.533 3.512 +2.1

Source: Yonhap News Agency

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Korean forced labor victim accepts ‘third-party’ compensation

October 23, 2024

An elderly South Korean victim of Japan’s wartime forced labor, known for her rejection of a government-led compensation plan that excludes responsible Japanese firms, has accepted the reparation package, a victims’ advocate group and the foreign mini…

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Seoul to bury 94 pct of above-ground railways underground

October 23, 2024

The Seoul city government on Wednesday announced a plan to bury 94 percent of the capital’s above-ground railway sections underground to create an extensive green space on the reclaimed land.

Currently, Seoul has 71.6 kilometers of above-ground railw…

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Samsung Biologics Q3 net profit up 10 pct to 264.5 bln won

October 23, 2024

Samsung Biologics Co. on Wednesday reported its third-quarter net income of 264.5 billion won (US$191.3 million), up 10 percent from a year earlier.

The company said in a regulatory filing that operating income for the July-September period rose 6.3 …

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Seoul shares turn higher late Wed. morning on tech gains

October 23, 2024

Seoul shares turned higher late Wednesday morning on tech gains, with investors concerned over a possible slower pace of the Federal Reserve’s rate cuts.

The benchmark Korea Composite Stock Price Index (KOSPI) rose 16.3 points, or 0.6 percent, to 2,5…

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