Economy

Economy

#regional bank
Central American development bank to open S. Korean office in Seoul
SEOUL, June 20 (Yonhap) -- A Central American development bank has decided to open a South Korean office in Seoul as part of efforts to strengthen ties with Asia's fourth-largest economy, the finan... 12:00 Jun. 20
#S Korea-FAO
S. Korea picked as member of FAO's council for 12th time
SEOUL, June 20 (Yonhap) -- South Korea's agricultural ministry said Sunday the country has been elected to the Food and Agriculture Organization (FAO) Council for the 12th time in a row. During ... 11:51 Jun. 20
#Kakao-conglomerate ranking
Kakao emerges as No. 5 conglomerate in terms of market cap
SEOUL, June 20 (Yonhap) -- Kakao Corp., which operates South Korea's most popular mobile messenger Kakao Talk, emerged as the country's fifth-largest conglomerate in terms of market cap on the back... 10:36 Jun. 20
#S Korea-Czech nuclear plants
S. Korea to speed up efforts to bag Czech nuclear plant project
By Kang Yoon-seung SEOUL, June 19 (Yonhap) -- South Korea's industry ministry said Saturday it will spare no efforts to win a nuclear plant project from the Czech Republic as the European country i... 09:17 Jun. 19
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 19 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 19. Korean-language dailies -- Ruling party to ease criteria for Gross Real Estate Tax, Real... 08:50 Jun. 19
#Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Friday. ------------------- (2nd LD) Fire at Coupang warehouse rages for over a day, 1 firefighter trapped ... 17:12 Jun. 18
#North Korea
N.K. hacking group breached S. Korean nuclear research institute last month: lawmaker
SEOUL, June 18 (Yonhap) -- South Korea's state-run nuclear research institute's computer network was breached by a North Korean cyber attack last month, an opposition lawmaker claimed Friday. Ac... 16:18 Jun. 18
#consumer spending
Cash back for card spending under review to boost consumption: official
SEOUL, June 18 (Yonhap) -- South Korea plans to provide cash back rewards for credit card spending in a bid to revive domestic demand in the second half amid the pandemic, a senior government offic... 15:21 Jun. 18
#airlines-overseas flights
(News Focus) Airlines set to take off for overseas vacation spots as vaccinations, demand increase
By Choi Kyong-ae SEOUL, June 18 (Yonhap) -- South Korean airlines are revving up their preparations to take off for Guam and other overseas tourist spots with vaccinated people as such destinations... 14:37 Jun. 18
#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Friday. ------------------- (LEAD) Fire at Coupang warehouse rages for over a day, 1 firefighter trapped IC... 13:24 Jun. 18
#electricity sales-April tally
S. Korea's power consumption nearly rebounds to pre-pandemic level in April
SEOUL, June 18 (Yonhap) -- South Korea's electricity consumption nearly rebounded to the pre-pandemic level in April amid the recovery of industrial and business activities, data showed Friday. ... 11:20 Jun. 18
#new apartment
(Yonhap Feature) Desperate S. Koreans bidding for 'lotto' apartments to move up property ladder
By Kim Eun-jung SEOUL, June 18 (Yonhap) -- Kim Hyun-seop buys a lottery ticket once in a while, hoping to get on the fast track to his dream: buying a decent home in Seoul. The 40-year-old offi... 09:00 Jun. 18
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 18 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 18. Korean-language dailies -- People in 50s to be vaccinated in late July; first come, firs... 07:00 Jun. 18
#global competitiveness
S. Korea's global competitiveness ranking stays at 23rd in 2021: report
SEOUL, June 17 (Yonhap) -- South Korea's global competitiveness ranking remained unchanged this year after rising by five notches in the previous year on the back of its efforts to contain the pand... 18:00 Jun. 17
#Hyundai-Kia-Europe sales
Hyundai, Kia's Europe sales more than double in May
SEOUL, June 17 (Yonhap) -- Hyundai Motor Co. and affiliate Kia Corp. said Thursday their combined sales in Europe more than doubled last month from a year earlier on robust demand and lower base ef... 17:12 Jun. 17
#Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ------------------- (LEAD) S. Korea to begin inoculating younger population in July, allow 'mix and ma... 17:04 Jun. 17
#Fed policy meeting
(2nd LD) S. Korea vigilant over market volatility after Fed's hawkish stance
(ATTN: UPDATES with market close in paras 3-4; ADDS photo) By Kim Soo-yeon SEOUL, June 17 (Yonhap) -- South Korea will closely monitor the financial market as market volatility could increase follo... 15:41 Jun. 17
#Coupang
Coupang to launch new distribution center in Busan
SEOUL, June 17 (Yonhap) -- South Korean e-commerce giant Coupang Inc. said Thursday it will invest 220 billion won (US$195 million) to launch a new distribution center in the southeastern port city... 15:09 Jun. 17
#BOK
(News Focus) Fed's hawkish tone sets stage for BOK's rate hike this year
By Kim Deok-hyun SEOUL, June 17 (Yonhap) -- As the U.S. Federal Reserve hinted that it may raise interest rates earlier than previously projected, it could prod the Bank of Korea (BOK) to conduct i... 14:18 Jun. 17
#Eastar-auction
(LEAD) Preliminary preferred bidder set to acquire Eastar: sources
(ATTN: ADDS Sung Jung chairman's comments and details in paras 5-6) SEOUL, June 17 (Yonhap) -- South Korean property developer Sung Jung, the preliminary preferred bidder for Eastar Jet Co., is se... 13:54 Jun. 17