Economy

Economy

(URGENT) 5 policy members keep door open for quarter-point hike
11:32 Feb. 23
(URGENT) BOK chief says it's premature to discuss rate cut
11:31 Feb. 23
(URGENT) BOK chief says freeze decision does not mean end to rate increasing cycle
11:20 Feb. 23
(URGENT) 1 member casts dissenting vote in rate freeze decision
11:19 Feb. 23
#BOK
(2nd LD) BOK freezes rate, lowers growth outlook amid economic uncertainty
(ATTN: ADDS BOK's statement in paras 5-6) SEOUL, Feb. 23 (Yonhap) -- South Korea's central bank on Thursday kept the benchmark interest rate unchanged for the first time in 10 months as worries are... 11:00 Feb. 23
#S Korea-foreign investment
S. Korea vows more incentives for foreign investment in key areas
SEOUL, Feb. 23 (Yonhap) -- South Korea's trade minister said Thursday the government will provide more incentives to overseas businesses investing in high-end industries playing key roles in the su... 11:00 Feb. 23
#POSCO International
POSCO International to explore gas mines in Indonesia
SEOUL, Feb. 23 (Yonhap) -- POSCO International Corp., a major South Korean commodities trader, said Thursday it has won a bid to explore gas mines in Indonesia as it is stepping up to expand its en... 10:57 Feb. 23
Hanwha Systems shifts to loss in 2022
SEOUL, Feb. 23 (Yonhap) -- Hanwha Systems Co. on Thursday reported its 2022 net loss of 80.8 billion won (US$62 million), turning from a profit of 97.9 billion won a year earlier. The company sa... 10:43 Feb. 23
Hanwha Systems shifts to red in Q4
SEOUL, Feb. 23 (Yonhap) -- Hanwha Systems Co. on Thursday reported its fourth-quarter net loss of 47.5 billion won (US$36.5 million), swinging from a profit of 20.9 billion won a year earlier. T... 10:42 Feb. 23
#BOK
Full text of BOK statement on monetary policy decision in February
SEOUL, Feb. 23 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its monetary policy decision. The central bank's monetary policy board voted Thursday to keep the key i... 10:39 Feb. 23
#BOK
(LEAD) BOK freezes rate, lowers growth outlook amid economic uncertainty
(ATTN: RECASTS headline, lead; ADDS more info throughout, photo) SEOUL, Feb. 23 (Yonhap) -- South Korea's central bank on Thursday kept the benchmark interest rate unchanged for the first time in 1... 10:21 Feb. 23
(URGENT) BOK lowers inflation projection for this year from 3.6 pct to 3.5 pct
09:54 Feb. 23
(URGENT) BOK lowers 2023 growth outlook from 1.7 pct to 1.6 pct
09:53 Feb. 23
#BOK
BOK stands pat first after delivering 7 straight rate hikes amid growth woes
SEOUL, Feb. 23 (Yonhap) -- South Korea's central bank on Thursday kept its benchmark interest rate unchanged for the first time after delivering seven straight increases as concerns are growing ove... 09:51 Feb. 23
#BOK
(URGENT) BOK freezes benchmark rate at 3.5 pct
09:50 Feb. 23
#dailies-editorials
(EDITORIAL from Korea JoongAng Daily on Feb. 23)
Security cooperation to normalization of ties On Wednesday, South Korea, the United States and Japan conducted a joint missile defense exercise against North Korea on the East Sea. The drill was a... 06:59 Feb. 23
#dailies-editorials
(EDITORIAL from Korea Times on Feb. 23)
Unhappy Koreans Coexistence should be prioritized beyond growth Korea is the role model of many developing countries. It has shifted from a beggar to a donor in a couple of generations and boasts ... 06:59 Feb. 23
#dailies-editorials
(EDITORIAL from Korea Herald on Feb. 23)
Fighting drug crimes New investigation unit expected to play a key role in battling growing drug problems South Korean prosecutors launched a special investigation unit Tuesday to fight growing dr... 06:59 Feb. 23
#headlines
Top headlines in major S. Korean newspapers
SEOUL, Feb. 23 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Feb. 23. Korean-language dailies -- S. Korea's childbirths hit another fresh low in 2022 (Kyunghy... 06:58 Feb. 23
#producer price
Producer prices up in Jan. on spike in electricity costs
SEOUL, Feb. 23 (Yonhap) -- South Korea's producer prices rose in January, driven in part by soaring electricity costs, central bank data showed Thursday. The producer price index, a major barome... 06:00 Feb. 23

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