Economy
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#FSCRegulators urge leaders of major financial firms to seek market stability, responsible management
SEOUL, March 31 (Yonhap) -- The heads of South Korea's financial authorities on Friday asked leaders of financial holding companies to strive for financial market stability and exercise responsible... 09:10 Mar. 31 -
#industrial output
Industrial output, private spending, investment all rise in Feb.
SEOUL, March 31 (Yonhap) -- South Korea's industrial output, private spending and investment all logged on-month gains in February, data showed Friday. Industrial output edged up 0.3 percent on-... 08:12 Mar. 31 -
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#JOONGANG DNM Co.
Joongang DNM to raise 10 bln won via stock offering
SEOUL, March 30 (Yonhap) -- Joongang DNM Co.on Thursday announced that it will sell stock to raise 10 billion won (US$7.7 million). The proceeds from the stock sale will be used mainly to finance i... 18:10 Mar. 30 -
#USTRYoon asks U.S. Trade Representative to address S. Korean firms' concerns over IRA, Chips Act
SEOUL, March 30 (Yonhap) -- President Yoon Suk Yeol asked United States Trade Representative Katherine Tai on Thursday to make favorable considerations for South Korean businesses in implementing t... 17:52 Mar. 30 -
#state bonds
S. Korea to sell 15 tln won worth of Treasurys in April
SEOUL, March 30 (Yonhap) -- South Korea plans to sell 15 trillion won (US$11.55 billion) in state bonds next month, the finance ministry said Thursday. The country will issue 2.8 trillion won in... 17:29 Mar. 30 -
#SK Innovation(LEAD) SK Innovation mulls share buyback to boost shareholder value
(ATTN: ADDS more details in paras 3-5, closing share price at bottom) By Kim Seung-yeon SEOUL, March 30 (Yonhap) -- SK Innovation Co. said Thursday it is considering buying back its own stocks arou... 17:29 Mar. 30 -
#summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ----------------- S. Korea submits extradition request for crypto fugitive Kwon earlier than U.S.: aut... 17:12 Mar. 30 -
#Seoul Mobility ShowCarmakers ramp up electrification plans at Seoul Mobility Show
GOYANG, South Korea, March 30 (Yonhap) -- Carmakers have ramped up their electrification plans at the Seoul Mobility Show as countries move faster toward a zero-emission future amid global warming.... 16:58 Mar. 30 -
#Hyundai chief courtTop court orders Hyundai Group chief to compensate Hyundai Elevator for derivatives losses
SEOUL, March 30 (Yonhap) -- The Supreme Court on Thursday upheld a lower court's order for Hyundai Group Chair Hyun Jeong-eun to pay 170 billion won (US$131 million) to Hyundai Elevator to compensa... 15:35 Mar. 30 -
#Chips ActTrade chiefs of S. Korea, U.S. discuss IRA, Chips Act
SEOUL, March 30 (Yonhap) -- Top trade officials of South Korea and the United States discussed U.S. acts on semiconductors and electric vehicles (EVs) on Thursday, as well as a range of pending bil... 14:19 Mar. 30 -
#SK InnovationSK Innovation mulls share buyback to boost shareholder value
By Kim Seung-yeon SEOUL, March 30 (Yonhap) -- SK Innovation Co. said Thursday it is considering buying back its own stocks around the time when its battery-making subsidiary SK On Co. will go publ... 13:27 Mar. 30 -
#banks
Banks' average capital adequacy ratio rises in Q4
SEOUL, March 30 (Yonhap) -- South Korean banks saw their financial health improve on-year in the fourth quarter of last year from three months earlier due to a decrease in risk-weighted assets, dat... 12:00 Mar. 30 -
#BOKBOK's 2022 net dips on losses from securities trading
SEOUL, March 30 (Yonhap) -- South Korea's central bank Thursday reported a sharp drop in its net profit for last year due in part to increased losses from trading of securities. The Bank of Kore... 12:00 Mar. 30 -
#rice farmingProfit from rice farming tumbles nearly 40 percent on increased costs related article
SEOUL, March 30 (Yonhap) -- Rice production costs in South Korea rose 9.3 percent on-year in 2022 due mainly to soaring prices of fertilizers, causing net profit from rice farming to sink nearly 40... 12:00 Mar. 30 -
#foreign investorForeigners swoop to Korean bonds after SVB collapse
SEOUL, March 30 (Yonhap) -- Foreign investors have been rushing to buy South Korean bonds on expectations of global monetary easing since the recent collapse of Silicon Valley Bank (SVB) in the Uni... 11:20 Mar. 30 -
#noodle exportsExports of instant noodles hit record high in 2022
SEOUL, March 30 (Yonhap) -- South Korea's exports of instant noodles reached an all-time high in 2022, boosted by the global popularity of Korean food and culture, data showed Thursday. The coun... 10:57 Mar. 30 -
#Korea-Japan tiesS. Korea, Japan begin talks on corporate exchanges, trade in earnest after summit related article
SEOUL, March 30 (Yonhap) -- Some 100 government and corporate officials from South Korea and Japan held a meeting Thursday on trade and new industry cooperation, the first major meeting after the t... 10:30 Mar. 30
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(2nd LD) S. Korea's exports down for 6th month in March on falling chip demand -
S. Korea's exports down for 6th month in March on falling chip demand -
(LEAD) S. Korea's exports down for 6th month in March on falling chip demand -
S. Korea's new COVID-19 cases above 10,000 for 5th day -
(URGENT) S. Korea's exports fall 13.6 pct in March; trade deficit extended for 13th month
News Focus
Economy/Finance
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Samsung's chip biz is likely to report losses, defies pressure to rein in output -
Samsung, SK hynix breathe sigh of relief as U.S. 'guardrails' are less tough than feared -
Japan's removal of export curbs on S. Korea to boost supply chain stability, ease biz uncertainties -
Online car selling platforms gain momentum in S. Korea -
Corporate borrowers back to debt market on stabilizing rates, high demand
