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GENERAL NEWS

Foreign currency deposits down for 3rd month in March

SEOUL, Foreign currency deposits declined for the third straight month in March as import settlements increased, central bank data showed Tuesday.

Residents’ outstanding foreign currency-denominated deposits reached US$77.59 billion at end-March, do…

Corrections explains 5 questions regarding the control of Thaksin.

Corrections Department clarifies the issue of “Dr. Warong” petitioning the NACC in the case of the control of Mr. Thaksin Shinawatra, confirming that it is in accordance with the justice process, rules, regulations, and under the law.

On Monday, Apr…

U.S. decries latest N.K. missile launches

WASHINGTON, The United States condemned North Korea’s latest round of ballistic missile launches as a violation of multiple U.N. Security Council (UNSC) resolutions, a State Department spokesperson said Monday.

Matthew Miller, the spokesperson, also…

Retrieval rate of public funds reaches 71.5 pct at end-March

SEOUL, The retrieval rate of public funds used to bail out troubled firms inched up from three months earlier in the first quarter, data showed Tuesday.

As of end-March, the government has retrieved 71.5 percent of the 168.7 trillion won

S. Korean Bond Yields on Apr. 23, 2024

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

1-year TB 3.464 3.473 -0.9

2-year TB 3.502 3.528 -2.6

3-year TB 3.489 3.512 -2.3

10-year TB 3.625 3.650 -2.5

2-year MSB 3.499 3.522 -2.3

3-year CB (AA-) 3.992 4.019 -2.7

91-day CD 3.560 3.560 0.0

Sou…

HD Hyundai Electric Q1 net profit up 224.3 pct to 93.4 bln won

SEOUL, HD Hyundai Electric Co. on Tuesday reported its first-quarter net profit of 93.4 billion won (US$67.8 million), up 224.3 percent from a year earlier.

The company said in a regulatory filing that it posted 128.8 billion won in operating

Thai Electricity Consumption Hits Record High

BANGKOK, With the scorching weather last night, Thais battled the heat by cranking up their air conditioners, leading to a surge in electricity usage to a new peak around 9 pm.

The Electricity Generating Authority of Thailand (EGAT) reported that