Seoul shares extend gains, led by Samsung Electronics

Seoul shares extended gains late Wednesday morning, led by Samsung Electronics, despite concerns over lingering market jitters two days after massive selloffs due to fears of a U.S. recession.

The benchmark Korea Composite Stock Price Index (KOSPI) …

NIA launches sale of P29/kg. rice through contract growing program

MANILA: The Department of Agriculture (DA) announced Wednesday the selling of PHP29 per kg. of rice through the National Irrigation Administration’s (NIA) contract growing program.

“Ang objective nila is makapagbigay muli ng oportunidad sa mga mamimi…

(LEAD) Hybe sets new quarterly revenue record with 640.5 bln won in Q2

Hybe, the powerhouse behind the global K-pop sensation BTS, reported revenue of 640.5 billion won (US$465 million) for the second quarter of this year, marking the highest-ever quarterly sales in the company’s history.

The figure surpasses the previ…

Comelec chief says 2 Cayman Island banks deny his ‘offshore accounts’

MANILA: Commission on Elections (Comelec) chairman George Garcia on Wednesday said two banks in Cayman Islands, where he allegedly owns offshore accounts, confirmed these are non-existent.

In a radio interview, Garcia said the Scotiabank and Cayman N…

S. Korean Bond Yields on morning of Aug. 7, 2024

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

1-year TB 3.107 3.112 -0.5

2-year TB 3.068 3.050 +1.8

3-year TB 2.960 2.935 +2.5

10-year TB 3.010 2.993 +1.7

2-year MSB 3.010 2.999 +1.1

3-year CB (AA-) 3.418 3.398 +2.0

Source: Yonhap News Agency

Pangasinan Police relieves 4 personnel, denies torture of drug suspect

MALASIQUI: The officer in charge of San Manuel Police Station in Pangasinan and three other officers have been relieved from their posts as an investigation into the alleged torture of a drug suspect is ongoing.

In a phone interview on Wednesday, Pan…

(LEAD) PM says hospitals will extend application period for trainee doctor programs

Prime Minister Han Duck-soo said Wednesday the government will allow hospitals to extend the application period for trainee doctor programs this week to help them recruit more junior doctors.

Han made the remark after only 104 candidates, or 1.4 per…