Economy

Economy

#steel safeguard
S. Korea begins countermeasure against Britain's steel safeguard
SEOUL, Sept. 29 (Yonhap) -- South Korea has started the process for countering Britain's extension of safeguard measures against its steel exports, the trade ministry said Wednesday. In July, Br... 08:50 Sep. 29
#exports
Exports contribute most in 3 years to economic growth in 2020
SEOUL, Sept. 29 (Yonhap) -- South Korea's exports contributed the most in three years to the country's economic growth in 2020 amid the coronavirus pandemic, a report showed Wednesday. Overseas ... 08:09 Sep. 29
#finance minister
S. Korea speeds up plan to supply homes: finance minister
SEOUL, Sept. 29 (Yonhap) -- Finance Minister Hong Nam-ki said Wednesday the government is speeding up a plan to supply homes in Seoul and other regions, as it seeks to curb high-flying home prices.... 08:06 Sep. 29
#headlines
Top headlines in major S. Korean newspapers
SEOUL, Sept. 29 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Sept. 29. Korean-language dailies -- N. Korea again test-fires missile, may test Moon government... 07:21 Sep. 29
#biz sentiment
Biz sentiment improves for October amid pandemic: poll
SEOUL, Sept. 29 (Yonhap) -- South Korea's business sentiment improved for October on expectations of a possible rebound in domestic consumption amid an accelerating nationwide vaccination drive, a ... 06:00 Sep. 29
#ex-U.S. nuclear envoy
POSCO America appoints ex-U.S. top nuclear envoy Biegun as adviser related article
SEOUL, Sept. 28 (Yonhap) -- POSCO America Co., a U.S.-based subsidiary of South Korea's steel giant POSCO, has appointed former top U.S. envoy for North Korea Stephen Biegun as its adviser, officia... 23:12 Sep. 28
#N2TECH CO.,LTD
N2tech to raise 10.5 bln won via stock offering
SEOUL, Sept. 28 (Yonhap) -- N2tech Co.on Tuesday announced that it will sell stocks to raise 10.5 billion won(US$8.9 million). The proceeds from the stock sale will be used mainly to finance its op... 16:30 Sep. 28
#SsangYong Motor
SsangYong to select preferred bidder next month
SEOUL, Sept. 28 (Yonhap) -- SsangYong Motor Co. and its lead manager said Tuesday they will select a preferred bidder and a secondary preferred bidder for the financially troubled carmaker by mid-O... 14:29 Sep. 28
#news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Tuesday. ----------------- (4th LD) N. Korea fires one short-range missile into East Sea: JCS SEOUL -- Nor... 13:34 Sep. 28
#manufacturing sentiment
Manufacturing sentiment dips for 6th month in Sept.: poll
SEOUL, Sept. 28 (Yonhap) -- South Korea's manufacturing confidence dropped for the sixth straight month in September amid the prolonged coronavirus pandemic, a poll showed Tuesday. The Korea Ins... 12:12 Sep. 28
#BOK
BOK to expand purchase of ESG stocks, bonds with foreign-currency assets
SEOUL, Sept. 28 (Yonhap) -- The Bank of Korea (BOK) said Tuesday it will expand its purchase of stocks and bonds related to environmental, social and governance (ESG) concerns, in a move to help tr... 12:00 Sep. 28
#agrofisheries
Number of farmers, fishermen continues to fall in S. Korea
SEOUL, Sept. 28 (Yonhap) -- The number of South Koreans in the agrofisheries sector is continuing to fall because of a rapid aging and urbanization trend in the country, government data showed Tues... 12:00 Sep. 28
#death-statistics
Cancer remains leading cause of death in S. Korea
SEOUL, Sept. 28 (Yonhap) -- Cancer remained the top cause of death in South Korea, with the number of deaths hitting a record high last year, a government report showed Tuesday. In 2020, 304,948... 12:00 Sep. 28
#S Korea-Guatemala FTA
Guatemala eyes joining S. Korea-Central America FTA
By Kang Yoon-seung SEOUL, Sept. 28 (Yonhap) -- South Korea's trade ministry said Tuesday it is currently under negotiations with Guatemala to invite the Central American country to a multilateral t... 11:00 Sep. 28
#S Korea-Italy ties
S. Korea, Italy to join deeper ties in biotechnology, green energy sectors
By Kang Yoon-seung SEOUL, Sept. 28 (Yonhap) -- South Korea's trade ministry said Tuesday it is seeking to forge a deeper partnership with Italy in the biotechnology and eco-friendly energy segments... 11:00 Sep. 28
#September exports-poll
Exports expected to rise 15 pct in Sept. on chips, autos: poll
By Kang Yoon-seung SEOUL, Sept. 28 (Yonhap) -- South Korea's exports are anticipated to rise 15 percent on-year in September on the back of robust demand for chips and automobiles, although the ove... 08:56 Sep. 28
#business sentiment
Manufacturing sentiment dips for Q4 on COVID-19 resurgence
SEOUL, Sept. 28 (Yonhap) -- A majority of South Korean manufacturers expect their business conditions to worsen in the fourth quarter from three months earlier on a coronavirus resurgence and rising... 08:12 Sep. 28
#editorials
(EDITORIAL from Korea Herald on Sept. 28)
Unavoidable hike Electricity rate freeze reaches limit as losses pile up due to nuclear phaseout Electricity rates will increase from October. Korea Electric Power Corp., South Korea's state-run u... 07:13 Sep. 28
#headlines
Top headlines in major S. Korean newspapers
SEOUL, Sept. 28 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Sept. 28. Korean-language dailies -- Park Young-soo's daughter bought Hwacheon Daeyu-owned apart... 07:12 Sep. 28
#consumer sentiment
Consumer sentiment improves in September amid spiking virus cases
SEOUL, Sept. 28 (Yonhap) -- South Korea's consumer sentiment rose in September amid a spike in COVID-19 infections, central bank data showed Tuesday. The composite consumer sentiment index (CCS... 06:00 Sep. 28