July 19, 2024

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Foreign currency deposits snap 5-month fall in June

Foreign currency deposits rose in June to end a fifth straight month of decline as companies saved more U.S. dollar-denominated currency for import settlements and overseas investments, central bank data showed Friday.

Residents’ outstanding foreign…

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S. Korean Bond Yields on morning of July 19, 2024

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

1-year TB 3.217 3.202 +1.5

2-year TB 3.144 3.115 +2.9

3-year TB 3.077 3.058 +1.9

10-year TB 3.156 3.138 +1.8

2-year MSB 3.127 3.111 +1.6

3-year CB (AA-) 3.526 3.513 +1.3

Source: Yonhap News Agency

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BTS’ Jimin drops 2nd solo album ‘Muse’

Jimin of K-pop supergroup BTS released a new solo album and the music video for its lead track Friday while serving in the South Korean military.

The new EP, “Muse,” marks the singer’s first release in about one year and four months since his debut …