The Korea Interbank Offered Rates (KORIBOR)

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SEOUL, May 12 (Yonhap) -- The Korea Interbank Offered Rates (KORIBOR) as posted by Yonhap Infomax, the financial news and information arm of Yonhap News Agency, at 11:00 a.m.

Bank of Korea freezes key rate at 2 pct

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SEOUL, May 12 (Yonhap) -- South Korea's central bank froze its key interest rate for a third straight month on Tuesday, saying that the slowing pace of the economy has clearly eased.

Seoul shares begin lower on correction woes

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SEOUL, May 12 (Yonhap) -- South Korean stocks started lower Tuesday as investors were worried that recent sharp gains could inevitably lead to a market correction, analysts said.

KOSPI-open

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KOSPI-open

KOSPI 1,406.44 DN 8.72 points (open)
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FOREX-open

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FOREX-open

Dollar opens at 1,253.0 won UP from 1,237.9 won
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Tuesday's weather forecast

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SEOUL, May 12 (Yonhap) -- The following is the weather forecast for South Korea's 12 major cities at 9:00 a.m. Tuesday.

S. Korean president due in Kazakhstan for summit

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TASHKENT, May 12 (Yonhap) -- South Korean President Lee Myung-bak was due Tuesday in Kazakhstan for talks with Kazakh President Nursultan Nazarbayev and other government leaders on ways to increase

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