2.3 magnitude earthquake hits lower western N. Korea: KMA

A 2.3 magnitude earthquake struck North Korea’s lower western region Monday night, with no expected damage, the state weather agency said.

The quake struck an area 23 kilometers northeast-east of Songlim, North Hwanghae Province, which lies just nor…

S. Korean Bond Yields on Jul. 29, 2024

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

1-year TB 3.156 3.193 -3.7

2-year TB 3.057 3.100 -4.3

3-year TB 2.978 3.024 -4.6

10-year TB 3.046 3.108 -6.2

2-year MSB 3.040 3.078 -3.8

3-year CB (AA-) 3.434 3.482 -4.8

91-day CD 3.500 3.500 0.0

Sou…

Economist: BSP rate cut still possible in August

MANILA: A 25 basis points (bps) interest rate cut next month is still possible despite the projected slight uptick in consumer prices due to the effects of Super Typhoon Carina and enhanced southwest monsoon, an economist said Monday.

“Realistically,…

Kia unveils teaser images for upcoming face-lifted K8 sedan

Kia Corp., South Korea’s second-largest automaker, unveiled teaser images for the company’s upcoming revamped K8 sedan Monday.

The teaser spotlights the silhouette of the front and rear lights of the newly designed K8 sedan. The original K8 was firs…

(Olympics) PGA Tour players ready to do S. Korea proud in France

Competing at an Olympic Games means different things to different athletes. For South Korean golfer An Byeong-hun, the son of two Olympic table tennis medalists, representing the country at the quadrennial event takes on extra significance.

An’s fat…

MIAA: Plan to shut down NAIA Terminal 4 remains uncertain

MANILA: The Manila International Airport Authority (MIAA) on Monday clarified that there is no definite plan yet to close the Ninoy Aquino International Airport (NAIA) Terminal.

MIAA acting General Manager Eric Ines told the Philippine News Agency th…