(LEAD) Seoul shares up for 3rd day on Samsung, batteries

SEOUL, South Korean stocks finished up for a third consecutive session Tuesday backed by a strong earnings performance by top cap Samsung Electronics and overnight U.S. stock gains. The local currency fell against the U.S. dollar.

The benchmark Kore…

(LEAD) Hanwha Aerospace’s Q1 net profit plummets 99 pct

SEOUL, Hanwha Aerospace Co., a defense industry unit of South Korea’s Hanwha Group, said Tuesday its first-quarter net profit plunged over 99 percent from a year ago.

Net profit for the January-March period came to 3.1 billion won (US$2.2 billion) o…

S. Korean Bond Yields on Apr. 30, 2024

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

1-year TB 3.470 3.481 -1.1

2-year TB 3.518 3.540 -2.2

3-year TB 3.529 3.552 -2.3

10-year TB 3.656 3.704 -4.8

2-year MSB 3.517 3.526 -0.9

3-year CB (AA-) 3.995 4.024 -2.9

91-day CD 3.570 3.570 0.0

Sou…

EDOTCO-ZETA IOS CONNECT KG SUNGAI KELIT TO OUTSIDE WORLD

RAUB, EDOTCO Group Sdn Bhd, in collaboration with Zeta IOS to deliver rural connectivity in Malaysia, has closed the Internet gap for some 150 residents of Kampung Sungai Kelit here.

The installation of of fixed wireless access point (FWA – using ra…