#Moon Jae-in
Economy
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(LEAD) Moon approves massive financial aid package for small businesses
(ATTN: UPDATES throughout with Moon's remarks; ADDS photo) SEOUL, March 19 (Yonhap) -- President Moon Jae-in made public Thursday a major small business rescue package, worth 50 trillion won (US$39... 11:45 Mar. 19 -
#carmakers-coronavirus impactS. Korean carmakers face shutdown of overseas plants amid virus fears
SEOUL, March 19 (Yonhap) -- South Korean carmakers are likely to shut down their overseas plants as their global peers are planning to close factories as a precaution against the rapid spread of co... 11:29 Mar. 19 -
#coronavirus-mask exportsS. Korea's exports of masks up 2,200 pct in Feb. amid coronavirus spread
SEOUL, March 19 (Yonhap) -- South Korea's exports of protective masks surged nearly 23 times in February from a year earlier amid the global outbreak of the new coronavirus, data showed Thursday, a... 10:51 Mar. 19 -
#stocksForeigners sell stocks in S. Korea and other emerging markets
SEOUL, March 19 (Yonhap) -- Foreign investors have sold a large sum of stocks in South Korea and other emerging markets largely due to concerns over the coronavirus pandemic, data showed Thursday. ... 10:30 Mar. 19 -
#Moon Jae-inMoon to hold 1st emergency economic council session against coronavirus impact
SEOUL, March 19 (Yonhap) -- President Moon Jae-in plans to convene an inaugural "emergency economic council" session Thursday to discuss ways to minimize the fallout of the coronavirus. Moon has... 09:49 Mar. 19 -
#credit crunchS. Korea ready to step in to ease credit crunch
SEOUL, March 19 (Yonhap) -- South Korea said Thursday it will take steps to counter a potential credit crunch in the capital market amid growing market jitters caused by the outbreak of the new cor... 09:38 Mar. 19 -
#margin loansS. Korea's margin loans plunge amid market crash
SEOUL, March 19 (Yonhap) -- Margin lending in South Korea plunged over the past week amid a coronavirus-induced stock market crash, data showed Thursday. Outstanding margin loans to retail inves... 08:58 Mar. 19 -
(EDITORIAL from Korea Times on March 19)
Foreign exchange volatility Korea needs currency swap deal with U.S., Japan Keeping the foreign exchange market stable is crucial in weathering potential financial and economic woes. This is all t... 07:02 Mar. 19 -
(EDITORIAL from Korea Herald on March 19)
Unprecedented crisis Limits on fiscal, monetary steps; budget review needed; policies must be zero-based The coronavirus pandemic is causing panic in the global economy. Restriction on human mo... 07:01 Mar. 19 -
#headlines
Top headlines in major S. Korean newspapers
SEOUL, March 19 (Yonhap) -- The following are the top headlines in major South Korean newspapers on March 19. Korean-language dailies -- Seoul city to pay up to 500,000 won to 1.17 million househo... 06:54 Mar. 19 -
#tossFintech firm Viva Republica wins preliminary approval for brokerage business
By Kim Kwang-tae SEOUL, March 18 (Yonhap) -- Viva Republica, the operator of popular South Korean financial service app Toss, said Wednesday its affiliate won preliminary approval for a brokerage b... 17:30 Mar. 18 -
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Wednesday. ---------------- (LEAD) Vice health minister in self-quarantine after contacting virus patient S... 16:58 Mar. 18 -
Foreign sell-offs extend to 10th day amid market turmoil
SEOUL, March 18 (Yonhap) -- Foreign investors extended their selling binge of local stocks to a 10th straight session, aggravating already dampened investor sentiment hit hard by the new coronavirus... 16:34 Mar. 18 -
#coronavirus(LEAD) Ruling party urges gov't to take more bold action to fight coronavirus
(ATTN: ADDS more details in last 3 paras) SEOUL, March 18 (Yonhap) -- The ruling Democratic Party (DP) called on the government Wednesday to consider drawing up another extra budget and come up wit... 15:28 Mar. 18 -
#coronavirusS. Korea calls for partners to maintain trade amid new coronavirus
By Kang Yoon-seung SEOUL, March 18 (Yonhap) -- South Korea's trade minister said Wednesday the country operates an open and transparent quarantine regime against the new coronavirus, and urged trad... 15:01 Mar. 18 -
Foreign currency deposits dip for 2nd month in Feb.
SEOUL, March 18 (Yonhap) -- Foreign currency deposits at banks in South Korea fell for the second consecutive month in February amid a weakening won, central bank data showed Wednesday. Outstan... 14:19 Mar. 18 -
#airlines-coronavirus support measures(LEAD) Virus-hit aviation sector to get more support
(ATTN: ADDS details and airlines' response in paras 9-12, 14, photo) SEOUL, March 18 (Yonhap) -- South Korea said Wednesday it will delay reclaiming traffic rights and allocated slots from airli... 14:09 Mar. 18
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(LEAD) S. Korean-made test kits get preliminary FDA approval
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(2nd LD) S. Korean coronavirus test kit firms earn U.S. FDA pre-approval
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S. Korean-made test kits get preliminary FDA approval
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Gov't mulling financial support for 10 mln households in wake of coronavirus
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Hanjin calls for gov't support over coronavirus
News Focus
Economy
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Anti-Tada bill a major setback for Korea's innovation drive
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Driven into corner by virus, S. Korean economy gets strong medicine
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Retail giants undergoing painful restructuring amid earnings shock
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New coronavirus set to spell trouble for S. Korean economy
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(News Focus) Korean manufacturers bear brunt of new coronavirus
