SPC chairman formally arrested over anti-labor charges

Hur Young-in, the chairman of bakery giant SPC Group, was formally arrested Friday on charges of coercing bakers to quit their labor union.

The Seoul Central District Court issued the arrest warrant for the 74-year-old chairman on charges of violati…

DP leader casts ballot in early voting

Opposition leader Lee Jae-myung cast his ballot on the first day of early voting Friday, criticizing the government’s cut in the research and development budget during a visit to the central city of Daejeon.

Lee, chairman of the main opposition Demo…

Seoul shares dip 1 pct on dashed rate-cut hopes

Seoul shares dipped 1 percent Friday as investors were disappointed with hawkish comments by Federal Reserve officials ahead of U.S. jobs data. The Korean won fell against the U.S. dollar.

The benchmark Korea Composite Stock Price Index (KOSPI) fell…

S. Korean Bond Yields on Apr. 5, 2024

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

1-year TB 3.392 3.400 -0.8

2-year TB 3.356 3.365 -0.9

3-year TB 3.329 3.338 -0.9

10-year TB 3.433 3.457 -2.4

2-year MSB 3.337 3.355 -1.8

3-year CB (AA-) 3.902 3.919 -1.7

91-day CD 3.580 3.620 -4.0

So…