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July 25, 2024

Gist of 2024 tax code revisions

The following are the key features of the tax code revisions unveiled by the finance ministry Thursday that aim to help spur economic growth and support the livelihoods of the people.

To underpin economic dynamism

S. Korean Bond Yields on morning of Jul. 25, 2024

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

1-year TB 3.208 3.217 -0.9

2-year TB 3.100 3.118 -1.8

3-year TB 3.028 3.046 -1.8

10-year TB 3.133 3.131 +0.2

2-year MSB 3.080 3.102 -2.2

3-year CB (AA-) 3.490

Hanall Biopharma swings to loss in Q2

Hanall Biopharma Co. on Thursday reported its second-quarter net loss of 3.3 billion won (US$2.4 million), shifting from a profit of 7.3 billion won a year earlier.

The company said in a regulatory filing that