Bank of Korea (BOK) Gov. Rhee Chang-yong said Tuesday the time has come to “sufficiently consider” a rate cut as the nation’s consumer inflation cooled.
“In terms of stability of consumer prices, it is
[as of 11:30 am]
Today (%) Previous Session(%) Change (BP)
1-year TB 3.056 3.063 -0.7
2-year TB 3.087 3.091 -0.4
3-year TB 2.992 2.989 +0.3
10-year TB 3.117 3.121 -0.4
2-year MSB 3.046 3.051
South Korean gaming giant Nexon Co. said Tuesday it aims to raise annual sales to 750 billion yen (US$5.1 billion) by 2027 by diversifying its blockbuster titles across various platforms in the global market.
South Korean stocks traded slightly higher late Tuesday morning as investors took to the sidelines ahead of important U.S. data.
The benchmark Korea Composite Stock Price Index (KOSPI) gained 5.45 points, or 0.20 percent,
POSCO International, a major South Korean trading firm, said Tuesday it has inked an agreement to purchase shares in an Australian mining firm for US$40 million to secure a supply of graphite from a