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October 11, 2024

S. Korean Bond Yields on morning of Oct. 11, 2024

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

1-year TB 2.847 2.866 -1.9

2-year TB 2.936 2.982 -4.6

3-year TB 2.919 2.962 -4.3

10-year TB 3.060 3.088 -2.8

2-year MSB 2.917 2.957 -4.0

3-year CB (AA-)

(LEAD) Lotte Shopping targets 20 tln won sales in 2030

Lotte Shopping Co., an affiliate of South Korean retail giant Lotte Group, said Friday it is targeting to achieve 20 trillion won (US$14.8 billion) in sales in 2030 through the “value-up” program.

Lotte Shopping

Seoul shares rise as BOK cuts key rate

South Korean stocks rose late Friday morning as the Bank of Korea (BOK) cut its key rate for the first time in more than three years.

The benchmark Korea Composite Stock Price Index had