Large firms’ operating profit soars 57.1 pct in Q1

Major companies in South Korea saw their first-quarter operating income spike more than 57 percent, driven by strong performances in the chip and IT sectors, a corporate tracker said Friday.

The combined net profits of the 334 companies out of South…

‘Ditto’ by NewJeans hits 600 mln Spotify streams

Ditto,” a megahit single from girl group NewJeans, has accumulated 600 million streams on Spotify, the group’s agency said Friday.

The song had recorded 600,211,727 streams on the world’s largest music streaming platform as of Wednesday, ADOR said, …

S. Korean Bond Yields on May 17, 2024

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

1-year TB 3.424 3.426 -0.2

2-year TB 3.421 3.415 +0.6

3-year TB 3.379 3.375 +0.4

10-year TB 3.454 3.458 -0.4

2-year MSB 3.401 3.402 -0.1

3-year CB (AA-) 3.825 3.820 +0.5

91-day CD 3.600 3.600 0.0

Sou…