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Lee Jae-yong's attendance at Sun Valley Conference draws attention
The Sun Valley Conference, a gathering of global business leaders, is set to take place from July 7-11 in Idaho, USA. Samsung Electronics Chairman Lee Jae-yong's attendance is highly anticipated, as he has previously met with tech giants like Apple CEO Tim Cook at the event. This year's attendees are expected to include leaders from Amazon, Meta, Google, and OpenAI.
Renault Korea Motors' June Sales Plummet 45.7% on Weak Demand
Renault Korea Motors reported a 45.7% year-on-year drop in June sales, selling 4,651 vehicles. Both domestic and overseas demand weakened, with domestic sales down 32.2% and exports falling 45.7%. First-half sales also saw a significant 29% decline.
GM Korea's global sales rise 6.6% in June on strong SUV demand
GM Korea reported a 6.6% increase in global vehicle sales for June, reaching 48,134 units. The growth was primarily fueled by robust overseas demand for SUVs like the Trax Crossover and Trailblazer, while domestic sales saw a significant drop.
Hyundai Motor's global sales decline in June amid weaker demand
Hyundai Motor Co. reported a 5.9% year-on-year decline in global sales for June, totaling 338,313 vehicles, with both domestic and overseas demand falling. First-half sales also dropped 4.9%, though the company anticipates a gradual recovery driven by new model launches.
국고채 금리 일제히 상승
1일 서울 채권시장에서 국고채 금리가 전 만기물에 걸쳐 일제히 상승했다. 3년물은 연 3.791%로 8.8bp, 10년물은 연 4.205%로 11.4bp 올랐다.
South Korean Stocks Close Over 2% Lower Amid Profit-Taking, U.S.-Iran Tensions
South Korean stocks closed more than 2% lower on Wednesday, as investors took profits after recent AI-driven rallies in semiconductor shares. Uncertainty over U.S.-Iran peace talks and a weakening Korean won also contributed to the decline.