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POSCO Holdings to cancel 2 tln won worth of shares by 2026

POSCO Holdings Inc., the holding firm of South Korea’s leading steelmaker POSCO Group, said Friday it will cancel 2 trillion won (US$1.45 billion) worth of stocks by 2026.

POSCO Holdings plans to cancel 5.25 million shares worth 1.9 trillion won and…

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S. Korean Bond Yields on Jul. 12, 2024

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

1-year TB 3.201 3.216 -1.5

2-year TB 3.161 3.209 -4.8

3-year TB 3.101 3.163 -6.2

10-year TB 3.177 3.234 -5.7

2-year MSB 3.149 3.200 -5.1

3-year CB (AA-) 3.552 3.614 -6.2

91-day CD 3.550 3.550 0.0

(END…

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Defense chief vows to strengthen solidarity with France

Defense Minister Shin Won-sik vowed Friday to strengthen solidarity with France and other countries that share common values at an event commemorating France’s national day, his office said.

Shin made the pledge during the Bastille Day ceremony orga…