#SK Geocentric
Economy
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#financial group-new chairmanFormer regulator head tapped for Woori Financial chief
SEOUL, March 24 (Yonhap) -- Woori Financial Group Inc., a major South Korean financial holdings firm, on Friday appointed a former regulator chief as its new chairman and chief executive officer. ... 14:53 Mar. 24 -
#Hyundai-Thailand branchHyundai Motor sets up Thai branch to compete with Japanese rivals
SEOUL, March 24 (Yonhap) -- South Korea's Hyundai Motor Co. said Friday it has set up a branch in Thailand to gain a share in the local market dominated by Japanese carmakers. Hyundai has recent... 14:44 Mar. 24 -
#Japan(LEAD) S. Korea's improved ties with Japan to boost exports, consumption: finance minister related article
(ATTN: ADDS finance chief's comments on economy in last 4 paras) By Kang Yoon-seung SEOUL, March 24 (Yonhap) -- South Korea and Japan's latest efforts to restore bilateral ties will give a "signifi... 14:33 Mar. 24 -
#LG Energy SolutionLGES to make decision 'soon' on envisioned Arizona plant: CEO
By Kim Seung-yeon SEOUL, March 24 (Yonhap) -- LG Energy Solution Ltd. (LGES) will make a decision soon on an envisioned Arizona plant in the United States, including the possibility of supplying ... 12:01 Mar. 24 -
#BOK headquarters
BOK to move back into renovated headquarters in central Seoul from late March
SEOUL, March 24 (Yonhap) -- The Bank of Korea (BOK) said Friday that it will move back into its headquarters in central Seoul from late this month as over three-year remodeling and reconstruction w... 12:00 Mar. 24 -
#IPR trade
S. Korea posts IPR trade deficit in 2022
SEOUL, March 24 (Yonhap) -- South Korea posted a trade deficit in intellectual property rights (IPRs) in 2022, partly due to shortfalls in industrial property rights, central bank data showed Frida... 12:00 Mar. 24 -
#SME exportsSME exports climb 3.6 pct in Feb.
SEOUL, March 24 (Yonhap) -- Exports by South Korean small and medium-sized enterprises (SMEs) went up nearly 4 percent in February from a year earlier, the first on-year increase in six months, dat... 11:03 Mar. 24 -
#overseas investment
S. Korea's overseas investment hits fresh high in 2022
By Kang Yoon-seung SEOUL, March 24 (Yonhap) -- South Korea's overseas direct investment slightly increased in 2022 on-year to a fresh high on the back of the chips and automobile industries, althou... 11:00 Mar. 24 -
#Samsung ElectronicsSamsung Electronics chief to attend China Development Forum
SEOUL, March 24 (Yonhap) -- Samsung Electronics Executive Chairman Lee Jae-yong is currently in China to attend the China Development Forum, according to sources Friday. Lee arrived in Beijing o... 10:00 Mar. 24 -
#Andorra
S. Korea, Andorra agree on double-tax avoidance pact related article
SEOUL, March 24 (Yonhap) -- South Korea's finance ministry said Friday it has initialed a double-taxation prevention pact with the European microstate of Andorra, in a move that could boost bilater... 10:00 Mar. 24 -
#Hyundai-Kia-US recallHyundai, Kia to recall over 570,000 vehicles in U.S. due to fire risk
SEOUL, March 24 (Yonhap) -- Hyundai Motor Co. and its smaller affiliate Kia Corp. said Friday they will recall over 570,000 vehicles in the United States because the vehicles could pose a fire risk... 09:13 Mar. 24 -
#Japan
Improved ties with Japan to boost exports, consumption: finance minister related article
By Kang Yoon-seung SEOUL, March 24 (Yonhap) -- South Korea and Japan's latest efforts to restore bilateral ties will give a "significant positive spillover" to Asia's No. 4 economy, the finance min... 09:02 Mar. 24 -
(EDITORIAL from Korea Times on March 24)
Lingering financial jitters Banks' collapse should not be ignored On Wednesday, the U.S. Federal Reserve raised its benchmark lending rate by a quarter percentage point, pushing the target range to... 07:03 Mar. 24 -
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ----------------- (LEAD) Constitutional Court rejects petitions against prosecution reform legislat... 17:21 Mar. 23 -
#export curbsS. Korea drops WTO trade complaint against Japan, begins process for 'white list' reinstatement related article
SEOUL, March 23 (Yonhap) -- South Korea on Thursday completed procedures to drop a complaint it filed with the World Trade Organization (WTO) against Japan over Tokyo's trade curbs as it began dome... 17:02 Mar. 23 -
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#SK OnSK On to build battery precursor plant in S. Korea with EcoPro, China's GEM
By Kim Seung-yeon SEOUL, March 23 (Yonhap) -- South Korean battery maker SK On Co. said Thursday it is forming a joint venture with two battery component partners to build a precursor manufacturin... 16:27 Mar. 23 -
#birthrate(LEAD) Half of S. Koreans see marriage, childbirth as not a must: report related article
(ATTN: ADDS more details about report in last 5 paras, photo) SEOUL, March 23 (Yonhap) -- Half of South Koreans viewed marriage as unessential and nearly 60 percent of those in their 10s and 20s sa... 15:19 Mar. 23
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(2nd LD) Chips production sinks 17 pct in Feb. despite overall industrial output gains -
(LEAD) Regulators urge leaders of major financial firms to seek market stability, responsible management -
S. Korea's tax revenue down 16 tln won in first two months of 2023 -
Japan's chip export curbs to have limited impact on S. Korea: industry ministry -
S. Korea's new COVID-19 cases fall for 2nd day
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
