Economy

Economy

#US currency list
U.S. keeps S. Korea on list of countries to monitor for currency practices related article
SEOUL, April 16 (Yonhap) -- The United States said Thursday (U.S. time) it is keeping South Korea on a list of countries to monitor for currency practices. The U.S. Treasury Department published... 23:30 Apr. 16
#Daewoo Shipbuilding
Daewoo Shipbuilding says LNG FSRU deal revised
By Nam Kwang-sik SEOUL, April 16 (Yonhap) -- Daewoo Shipbuilding & Marine Engineering Co. said Friday that its deal to build a liquefied natural gas (LNG) floating storage regasification unit (FSR... 17:44 Apr. 16
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Friday. -------------------- (5th LD) Kim Boo-kyum, former four-term lawmaker, nominated as S. Korea's new... 17:19 Apr. 16
#industry minister nominee
(LEAD) (profile) Veteran bureaucrat tapped as industry minister nominee
(ATTN: ADDS details in 9-10 paras) By Kang Yoon-seung SEOUL, April 16 (Yonhap) -- Moon Sung-wook, who was nominated to head the country's industry ministry Friday, is an expert with a vast experien... 16:13 Apr. 16
#Hanjin Heavy
(LEAD) Hanjin Heavy slumps after takeover deal
( ATTN: UPDATES with more info in the 2nd para) By Nam Kwang-sik SEOUL, April 16 (Yonhap) -- Shares in Hanjin Heavy Industries & Construction Co. slumped Friday after its creditors signed a deal ... 15:59 Apr. 16
#industry minister nominee
(profile) Veteran bureaucrat tapped as industry minister nominee
By Kang Yoon-seung SEOUL, April 16 (Yonhap) -- Moon Sung-wook, who was nominated to head the country's industry ministry Friday, is an expert with a vast experience in trade, industry and energy is... 14:48 Apr. 16
#Korea Shipbuilding
Korea Shipbuilding bags 636 bln-won order for 3 LNG carriers
By Nam Kwang-sik SEOUL, April 16 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Friday it has obtained a 636 billion won(US$567 million) order from an Asian company to build ... 14:41 Apr. 16
#airlines
Air carriers to cut fuel surcharges on int'l routes in May
SEOUL, April 16 (Yonhap) -- South Korean airlines will lower fuel surcharges on international routes in May amid falling jet fuel prices, industry sources said Friday. Starting May 1, the surch... 13:57 Apr. 16
#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Friday. -------------------- (3rd LD) Moon to hold summit talks with Biden in D.C. next month: Cheong Wa Da... 13:30 Apr. 16
#next-generation autos
S. Korea to boost spending on R&D for next-generation cars
SEOUL, April 16 (Yonhap) -- South Korea said Friday it plans to increase investment in research & development (R&D) on key technologies for next-generation vehicles in a bid to help local automaker... 11:13 Apr. 16
#Hanjin Heavy
Hanjin Heavy slumps after takeover deal
By Nam Kwang-sik SEOUL, April 16 (Yonhap) -- Shares in Hanjin Heavy Industries & Construction Co. slumped Friday after its creditors signed a deal to sell the financially troubled shipbuilder. ... 11:08 Apr. 16
#Korean economy
(LEAD) Slump in domestic demand eases amid pandemic: finance ministry
(ATTN: UPDATES with more details in paras 7-9, 12-13) SEOUL, April 16 (Yonhap) -- The South Korean economy is on a recovery track as exports remain robust and a slump in domestic demand has gradual... 10:39 Apr. 16
#Hyundai-plant suspension
Hyundai to again suspend plant over chip shortage
SEOUL, April 16 (Yonhap) -- Hyundai Motor Co. said Friday it will again suspend the Sonata-producing plant in South Korea for two days next week due to an electronic parts shortage. Hyunda... 10:21 Apr. 16
#Korean economy
Slump in domestic demand eases amid pandemic: finance ministry
SEOUL, April 16 (Yonhap) -- The South Korean economy is on a recovery track as exports remain robust and a slump in domestic demand has gradually eased amid the pandemic, the finance ministry said ... 10:00 Apr. 16
#cryptocurrency
Cryptocurrency turnover in S. Korea doubles over past month
SEOUL, April 16 (Yonhap) -- The cryptocurrency turnover in South Korea has more than doubled over the past month, a market tracker said Friday, as retail investors scramble to the virtual currency ... 08:25 Apr. 16
#headlines
Top headlines in major S. Korean newspapers
SEOUL, April 16 (Yonhap) -- The following are the top headlines in major South Korean newspapers on April 16. Korean-language dailies -- Moon to replace prime minister, several ministers, his aide... 06:58 Apr. 16
#Lee Jae-yong
(LEAD) Samsung heir Lee returns to prison after surgery
(ATTN: RECASTS headline, lead as Lee returns to prison; ADDS photo) SEOUL, April 15 (Yonhap) -- Samsung Electronics Vice Chairman Lee Jae-yong, the de facto leader of Samsung Group convicted of br... 19:23 Apr. 15
#Hyundai-IONIQ 5 launch
Hyundai Motor to launch IONIQ 5 in S. Korea next week
SEOUL, April 15 (Yonhap) -- Hyundai Motor Co. said Thursday it will launch the IONIQ 5 all-electric vehicle in the domestic market next week as its production resumed this week. Hyundai plans t... 17:15 Apr. 15
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. -------------------- Seoul city looking at schools as 1st venue for COVID-19 self-test kits S... 17:00 Apr. 15
#Moon Jae-in
(LEAD) Moon says S. Korea's economy depends on chipmaking industry
(ATTN: ADDS additional info in 2nd para, remarks on other industries in last paras) SEOUL, April 15 (Yonhap) -- President Moon Jae-in pledged strong and various support Thursday for South Korea's s... 16:21 Apr. 15