Economy

Economy

#S Korea-WTO chief
(LEAD) S. Korean trade minister holds virtual meeting with new WTO chief
(ATTN: REPLACES photo) By Kang Yoon-seung SEOUL, March 30 (Yonhap) -- South Korean Trade Minister Yoo Myung-hee on Tuesday held a virtual meeting with Ngozi Okonjo-Iweala, the new head of the World... 22:30 Mar. 30
#coronavirus-additional cases
(4th LD) New virus cases back above 400 as cluster infections continue
(ATTN: UPDATES with latest figures in paras 7-8) SEOUL, March 30 (Yonhap) -- South Korea's daily new coronavirus cases rose above 400 again on Tuesday as a string of cluster infections continued to... 22:09 Mar. 30
#coronavirus-additional cases
(3rd LD) New virus cases back above 400 as cluster infections continue
(ATTN: UPDATES with latest figures in paras 7-8) SEOUL, March 30 (Yonhap) -- South Korea's daily new coronavirus cases rose above 400 again on Tuesday as a string of cluster infections continued to... 18:51 Mar. 30
#S Korea-WTO chief
S. Korean trade minister holds virtual meeting with new WTO chief
By Kang Yoon-seung SEOUL, March 30 (Yonhap) -- South Korean Trade Minister Yoo Myung-hee on Tuesday held a virtual meeting with Ngozi Okonjo-Iweala, the new head of the World Trade Organization (WT... 17:00 Mar. 30
#Samsung C&T
Samsung C&T-led consortium wins US$1.56 bln deal from Taiwan
SEOUL, March 30 (Yonhap) -- Samsung C&T Corp., the construction unit of Samsung Group, said Tuesday its consortium has clinched a US$1.56 billion project to build a terminal at Taiwan Taoyuan Inter... 15:34 Mar. 30
#coronavirus-additional cases
(2nd LD) New virus cases back above 400 as cluster infections continue
(ATTN: ADDS remarks, details in paras 7-10, 20) SEOUL, March 30 (Yonhap) -- South Korea's daily new coronavirus cases rose above 400 again on Tuesday as a string of cluster infections continued to ... 15:07 Mar. 30
#carmakers-chip shortage
(LEAD) (News Focus) With looming chip shortage, Korean automakers set to face output cuts
(ATTN: UPDATES with plant suspension plan in paras 11-13) By Choi Kyong-ae SEOUL, March 30 (Yonhap) -- A global semiconductor chip shortage is set to spill over into Korean automakers as well, rais... 15:06 Mar. 30
#Hyundai
Hyundai to suspend IONIQ 5 production on chip shortage
SEOUL, March 30 (Yonhap) -- Hyundai Motor Co. said Tuesday it will suspend production at a domestic plant that produces the IONIQ 5 all-electric model due to a chip shortage. Hyundai plans to h... 14:49 Mar. 30
#kangaroo tribe
Over half of single S. Koreans in 30s living with parents: report
SEOUL, March 30 (Yonhap) -- More than half of unmarried South Koreans in their 30s are living with their parents, a report showed Tuesday, as young people are delaying marriages amid an economic sl... 14:35 Mar. 30
#Today in Korean history
Today in Korean history
March 31 1938 -- Sungshil High School in Pyongyang is closed after refusing to force students to worship at Japanese shrines. Japanese authorities introduced the requirement as part of cultural ... 14:00 Mar. 30
#Yonhap News Summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Tuesday. ----------------- World leaders call for global treaty for pandemic preparedness, response SEOUL -... 13:34 Mar. 30
#savings banks-earnings
Savings banks' profit rises 10 pct in 2020 on interest income
SEOUL, March 30 (Yonhap) -- South Korean savings banks reported 10 percent growth in their combined net profit for 2020, thanks to a modest rise in interest income, data showed Tuesday. The com... 12:00 Mar. 30
#rice production
Rice production costs up 6.5 pct last year
SEOUL, March 30 (Yonhap) -- Rice production costs in South Korea rose 6.5 percent last year as rice output fell due to a record-long rainy season and typhoons, data showed Tuesday. Farmers spent... 12:00 Mar. 30
#lending rates-February
Banks' lending rates edge up in February
SEOUL, March 30 (Yonhap) -- South Korean banks' lending rates inched up in February amid a slight decline in deposit rates, central bank data showed Tuesday. The average interest rate charged o... 12:00 Mar. 30
#SK E&S
SK E&S to invest 1.6 tln won in gas field off Australia
By Kim Eun-jung SEOUL, March 30 (Yonhap) -- SK E&S Co., the natural gas provider under SK Group, said it will invest 1.6 trillion won (US$1.4 billion won) over the next five years to develop an Aus... 11:36 Mar. 30
#carmakers-chip shortage
(News Focus) With looming chip shortage, Korean automakers set to face output cuts
By Choi Kyong-ae SEOUL, March 30 (Yonhap) -- A global semiconductor chip shortage is set to spill over into Korean automakers as well, raising concerns that a prolonged supply glitch may derail loc... 11:35 Mar. 30
#coronavirus-additional cases
(LEAD) New virus cases back above 400 as cluster infections continue
(ATTN: ADDS details in para 6, new photos) SEOUL, March 30 (Yonhap) -- South Korea's daily new coronavirus cases rose above 400 again on Tuesday as a string of cluster infections continued to emerg... 11:30 Mar. 30
#relief money
Moon calls for speedy relief money handouts, vaccination
SEOUL, March 30 (Yonhap) -- President Moon Jae-in instructed the government Tuesday to accelerate the emergency relief money payment that has just begun and the COVID-19 vaccination campaign, descr... 11:13 Mar. 30
#animal experiment
S. Korea issues official guideline on animal experiments
SEOUL, March 30 (Yonhap) -- South Korea's agricultural ministry said Tuesday it has issued a new standardized guideline on animal experiments in line with the country's efforts to improve the welfa... 11:00 Mar. 30
#lending rate
S. Korea to cut maximum legal lending rate from July
SEOUL, March 30 (Yonhap) -- South Korea will lower the maximum interest rate starting in July as part of efforts to ease financial burdens on low-income people, the financial regulator said Tuesday... 10:51 Mar. 30