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July 25, 2024

S. Korean Bond Yields on Jul. 25, 2024

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

1-year TB 3.203 3.217 -1.4

2-year TB 3.103 3.118 -1.5

3-year TB 3.024 3.046 -2.2

10-year TB 3.128 3.131 -0.3

2-year MSB 3.076 3.102 -2.6

3-year CB (AA-) 3.484

POSCO Future M shifts to loss in Q2

POSCO Future M Co. on Thursday reported its second-quarter net loss of 11.2 billion won (US$8.1 million), swinging from a profit of 43.1 billion won a year earlier.

The company said in a regulatory filing

Woori Financial’s Q2 net jumps on noninterest income

Woori Financial Group Inc. said Thursday its second-quarter net profit jumped, thanks to a sharp increase in noninterest income.

The financial holding firm’s net profit came to 931.4 billion won (US$672.3 million) in the April-June