Economy

Economy

#headlines
Top headlines in major S. Korean newspapers
SEOUL, Jan. 16 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Jan. 16. Korean-language dailies -- 8 neighborhoods chosen in 'public redevelopment' project (Kyu... 08:56 Jan. 16
#Lee Jae-yong
Head of commerce chamber asks court for leniency in Samsung heir's bribery case related article
SEOUL, Jan. 15 (Yonhap) --- The head of South Korea's leading business lobby group on Friday sent a letter to a Seoul court asking for leniency in the upcoming sentencing of the Samsung Group heir ... 19:45 Jan. 15
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Friday. ----------------- Diplomats of S. Korea, Japan hold video talks amid tensions on wartime sexual slave... 17:00 Jan. 15
#Eastar Jet court order
Court issues orders in favor of Eastar Jet's rehabilitation
SEOUL, Jan. 15 (Yonhap) -- The Seoul Bankruptcy Court on Friday ordered preservation measure and comprehensive prohibition for financially troubled budget carrier Eastar Jet, setting the stage for ... 16:40 Jan. 15
#Hyundai-China investment
Hyundai to build 1st overseas hydrogen fuel-cell systems plant in China
SEOUL, Jan. 15 (Yonhap) -- Hyundai Motor Co. said Friday it will build its first overseas hydrogen fuel-cell systems plant in China to make a presence in global hydrogen markets. Hyundai will p... 14:31 Jan. 15
#S. Korean washer
U.S. extends safeguard on imported washers including S. Korean products
SEOUL, Jan. 15 (Yonhap) -- The United States has decided to extend its safeguard measure against imported residential washers, but the move is unlikely to deal a harsh blow to South Korean tech fir... 14:20 Jan. 15
Today in Korean history
Jan. 16 1948 -- Giuseppe Verdi's opera "La Traviata" is performed in South Korea for the first time. 1951 -- China rejects a United Nations proposal for a cease-fire in the Korean War. ... 14:00 Jan. 15
#Kia-EV plan
(LEAD) Kia to launch 7 new platform-based EV models by 2027
(ATTN: ADDS Hyundai's plans in last 6 paras) SEOUL, Jan. 15 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker by sales, said Friday it will launch seven all-electric models by 2027 to ga... 13:48 Jan. 15
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Friday. ----------------- (4th LD) N. Korea holds military parade attended by its leader SEOUL -- North Kor... 13:00 Jan. 15
#S Korea-avian influenza
(LEAD) S. Korea's highly pathogenic bird flu caseload reaches 62 related article
(ATTN: ADDS details in para 4, photo) By Kang Yoon-seung SEOUL, Jan. 15 (Yonhap) -- South Korea's agricultural ministry said Friday the total number of highly pathogenic bird flu cases traced to fa... 12:45 Jan. 15
#key rate-January
(2nd LD) BOK keeps key rate at record low as pandemic persists
(ATTN: ADDS BOK chief's remarks, details in paras 6-9) SEOUL, Jan. 15 (Yonhap) -- South Korea's central bank on Friday held its policy rate unchanged at a record low of 0.5 percent, as the fallout ... 12:44 Jan. 15
#Kia-EV plan
Kia to launch 7 new platform-based EV models by 2027
SEOUL, Jan. 15 (Yonhap) -- Kia Corp., South Korea's second-biggest carmaker by sales, said Friday it will launch seven all-electric models by 2027 to gain a share of the growing electric vehicle ma... 11:51 Jan. 15
#S Korea-avian influenza
S. Korea's highly pathogenic bird flu caseload reaches 62 related article
By Kang Yoon-seung SEOUL, Jan. 15 (Yonhap) -- South Korea's agricultural ministry said Friday the total number of highly pathogenic bird flu cases traced to farms reached 62 amid the growing concer... 11:43 Jan. 15
#key rate-January
(URGENT) BOK's rate freeze decision for January was unanimous: BOK chief
11:33 Jan. 15
#key rate-January
(LEAD) BOK keeps key rate at record low as pandemic persists
(ATTN: ADDS statement, new photo in paras 6-9) SEOUL, Jan. 15 (Yonhap) -- South Korea's central bank on Friday held its policy rate unchanged at a record low of 0.5 percent, as the fallout from a t... 10:58 Jan. 15
#BOK rate policy-full text
Full text of BOK statement on monetary policy decision in January
SEOUL, Jan. 15 (Yonhap) -- The following is the full text of the Bank of Korea's statement on its monetary policy decision. The central bank's monetary policy board voted Friday to keep the base in... 10:53 Jan. 15
#economic recovery
(LEAD) Economic uncertainty continues amid flare-up in COVID-19: finance ministry
(ATTN: ADDS more details in paras 11, 14) SEOUL, Jan. 15 (Yonhap) -- The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hamp... 10:44 Jan. 15
#housing supply
(2nd LD) S. Korea puts priority on increasing home supply to ease housing crunch related article
(ATTN: RECASTS throughout with more details; CHANGES headline) SEOUL, Jan. 15 (Yonhap) -- South Korea will put priority on increasing housing supply by lowering construction regulations in the dens... 10:31 Jan. 15
#economic recovery
Economic uncertainty continues amid flare-up in COVID-19: finance ministry
SEOUL, Jan. 15 (Yonhap) -- The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hampering domestic demand, the finance ministr... 10:00 Jan. 15
#key rate-January
BOK keeps key rate at record low as pandemic persists
SEOUL, Jan. 15 (Yonhap) -- South Korea's central bank on Friday held its policy rate unchanged at a record low of 0.5 percent, as the fallout from a third wave of the new coronavirus hurt the scope... 09:43 Jan. 15