Economy

Economy

#credit rating
(3rd LD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
(ATTN: UPDATES with details, finance ministry's response throughout; ADDS photo) By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed S... 18:23 Mar. 13
#credit rating
(2nd LD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
(ATTN: UPDATES with details throughout) By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" wi... 17:50 Mar. 13
#credit rating
(LEAD) Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
(ATTN: UPDATES with details throughout) SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook... 17:26 Mar. 13
#credit rating
Fitch keeps S. Korea's credit rating unchanged at 'AA-,' outlook stable
SEOUL, March 13 (Yonhap) -- Global credit appraiser Fitch Ratings said Monday it has reaffirmed South Korea's sovereign rating at "AA-" with a stable outlook. Fitch's rating for South Korea has ... 17:21 Mar. 13
#Hyundai Motor
Hyundai Motor in process to acquire GM plant in India
SEOUL, March 13 (Yonhap) -- Hyundai Motor Co., South Korea's leading carmaker, said Monday it is in the process of acquiring General Motors Co.'s car manufacturing facility in India. Hyundai Mo... 16:49 Mar. 13
#airline
S. Korean carriers to expand flights to China amid virus downturn
SEOUL, March 13 (Yonhap) -- South Korean airlines said Monday they will expand flights to China from later this month, as the two countries recently agreed to increase flights on their routes to pr... 16:12 Mar. 13
#Yoon Suk Yeol
Yoon orders close examination of financial impact of SVB's collapse related article
SEOUL, March 13 (Yonhap) -- President Yoon Suk Yeol instructed the government Monday to closely examine the impact of Silicon Valley Bank's collapse on the domestic economy and financial markets, h... 14:49 Mar. 13
#SVB
(LEAD) SVB collapse to have limited impact on global market: finance minister related article
(ATTN: ADDS gov't emergency meeting on exports in paras 6-8) By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- The collapse of the United States-based Silicon Valley Bank (SVB) is expected to have a l... 14:11 Mar. 13
#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Monday. ----------------- Surviving forced labor victims reject S. Korea's foundation-based compensation plan ... 13:30 Mar. 13
#BOK
(LEAD) BOK closely monitoring impact of SVB collapse on financial markets, economy
(ATTN: ADDS FSS's review in paras 7-8; UPDATES last para) SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) said Monday that it will closely monitor any impact of last week's collapse of a U.S. t... 10:30 Mar. 13
#IPEF
S. Korea to attend IPEF's 2nd round of official negotiations this week in Bali
SEOUL, March 13 (Yonhap) -- South Korea will participate in the second round of official negotiations for the United States-led Indo-Pacific Economic Framework (IPEF) to be held in Indonesia this w... 10:25 Mar. 13
#Hyundai Avante-upgraded model
Hyundai launches Avante upgraded model in S. Korea
SEOUL, March 13 (Yonhap) -- South Korea's Hyundai Motor Co. on Monday launched the upgraded Avante compact in the domestic market, with its performance version set to be released later this year. ... 09:56 Mar. 13
#SVB
SVB collapse to have limited impact on global market: finance minister related article
By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- The collapse of the United States-based Silicon Valley Bank (SVB) is expected to have a limited impact on the global financial market, although uncert... 09:56 Mar. 13
#BOK
BOK closely monitoring impact of SVB collapse on financial markets, economy
SEOUL, March 13 (Yonhap) -- The Bank of Korea (BOK) said Monday that it will closely monitor any impact of last week's collapse of a U.S. tech startup-focused lender on domestic financial market an... 09:53 Mar. 13
#exports-March
(LEAD) Exports down 16 pct during first 10 days of March related article
(ATTN: UPDATES with details throughout) By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- South Korea's exports fell 16.2 percent on-year in the first 10 days of March, data showed Monday, due to slug... 09:29 Mar. 13
#exports-March
Exports down 16 pct during first 10 days of March related article
SEOUL, March 13 (Yonhap) -- South Korea's exports fell 16.2 percent on-year in the first 10 days of March, data showed Monday, due to sluggish shipments of chips. The country's outbound shipmen... 09:10 Mar. 13
#exports
S. Korea to expand trade financing, support to bolster exports related article
By Kang Yoon-seung SEOUL, March 13 (Yonhap) -- South Korea plans to provide up to 364.5 trillion won (US$275.5 billion) in trade financing to exporters this year in line with efforts to bolster out... 09:00 Mar. 13
#dailies
(EDITORIAL from Korea Herald on March 13)
More red signs for economy : A record current account deficit, weaker currency, collapse of U.S. bank signal troubles A host of new red signs are popping up for the South Korean economy, which is ... 06:56 Mar. 13
#headlines
Top headlines in major S. Korean newspapers
SEOUL, March 13 (Yonhap) -- The following are the top headlines in major South Korean newspapers on March 13. Korean-language dailies -- Workweek reform spawns concerns it could revive 'crunch mod... 06:56 Mar. 13
#Silicon Valley Bank
(LEAD) S. Korea wary of greater market volatility over Silicon Valley Bank failure
(ATTN: UPDATES with more details of National Pension Service's investment in SVB in last 3 paras) SEOUL, March 12 (Yonhap) -- The collapse of the United States' Silicon Valley Bank (SVB) could heig... 22:02 Mar. 12