Economy

Economy

#childbirth
Childbirths in S. Korea hit record low, deaths at near 4-decade high in Nov.
SEOUL, Jan. 27 (Yonhap) -- The number of babies born in South Korea hit a new record low in November last year, data showed Wednesday, underscoring the country's chronic low birth rate. The numb... 12:00 Jan. 27
#S Korea-avian influenza
(LEAD) S. Korea investigating 4 suspected cases of bird flu, extends disinfection operations related article
(ATTN: UPDATES throughout with details) By Kang Yoon-seung SEOUL, Jan. 27 (Yonhap) -- South Korea's agricultural ministry said Wednesday it is looking into four suspected cases of highly pathogenic... 11:09 Jan. 27
#S Korea-avian influenza
S. Korea investigating 4 suspected cases of bird flu, extends disinfection operations related article
By Kang Yoon-seung SEOUL, Jan. 27 (Yonhap) -- South Korea's agricultural ministry said Wednesday it is looking into four suspected cases of highly pathogenic bird flu as it extended the daily disin... 09:41 Jan. 27
#pension fund
State pension fund earns big from equity investments in 2020
SEOUL, Jan. 27 (Yonhap) -- South Korea's national pension fund earned nearly 58 trillion won (US$52.6 billion) from stock investments in 2020 thanks to the bullish stock market, data showed Wednesd... 09:02 Jan. 27
#foreign investment banks
Foreign IBs raise S. Korea's 2021 growth outlook
SEOUL, Jan. 27 (Yonhap) -- Several foreign investment banks (IBs) have revised up their forecasts for South Korea's 2021 economic growth following the economy's relatively good performance last yea... 08:41 Jan. 27
LG Display remains in red in 2020
SEOUL, Jan. 27 (Yonhap) -- LG Display Co. on Wednesday reported its 2020 net loss of 70.6 billion won (US$63.8 million), remaining in the red compared with the previous year. The company said in... 07:52 Jan. 27
LG Display swings to profits in Q4
SEOUL, Jan. 27 (Yonhap) -- LG Display Co. on Wednesday reported its fourth-quarter net profit of 621 billion won (US$561.2 million), swinging from a loss of 1.81 trillion won a year earlier. Ope... 07:52 Jan. 27
#corporate financing-2020 tally
Corporate direct financing gains 10.8 pct in 2020 amid pandemic
SEOUL, Jan. 27 (Yonhap) -- South Korea's corporate direct financing gained 10.8 percent on year in 2020 as the coronavirus pandemic prompted more companies to tap the bond market to raise funds, da... 06:00 Jan. 27
#consumer sentiment-January
S. Korea's consumer sentiment improves in January
SEOUL, Jan. 27 (Yonhap) -- South Korea's consumer sentiment improved in January as a third wave of coronavirus infections showed signs of slowing down amid hopes for vaccine rollouts, central bank ... 06:00 Jan. 27
#KORUS FTA
Trump's push for KORUS FTA revision added uncertainty to alliance: CRS
By Byun Duk-kun WASHINGTON, Jan. 26 (Yonhap) -- Former U.S. President Donald Trump's push to revise the Korea-U.S. FTA may have hurt the countries' alliance, a congressional report said Tuesday, no... 01:06 Jan. 27
#IMF
IMF revises up S. Korea's 2021 economic growth outlook amid pandemic
SEOUL, Jan. 26 (Yonhap) -- The International Monetary Fund (IMF) on Tuesday revised up its growth outlook for South Korea this year as Asia's fourth-largest economy is faring relatively well amid t... 22:00 Jan. 26
#Hyundai Motor
(2nd LD) Hyundai Q4 net jumps 78 pct on high-end models
(ATTN: UPDATES throughout with details; ADDS 2nd photo) SEOUL, Jan. 26 (Yonhap) -- Hyundai Motor Co. said Tuesday its fourth-quarter net profit jumped 78 percent from a year earlier on robust sales... 16:39 Jan. 26
#Samsung BIologics
(LEAD) Samsung BioLogics 2020 net profit up 18.8 pct on increased sales
(ATTN: RECASTS throughout with details; ADDS photo) By Kim Han-joo SEOUL, Jan. 26 (Yonhap) -- Samsung BioLogics, a biopharmaceutical unit of South Korea's top conglomerate Samsung Group, said Tuesd... 16:21 Jan. 26
#Korea Shipbuilding
Hyundai Heavy Industries to go public on Korean stock market this year related article
By Nam Kwang-sik SEOUL, Jan. 26 (Yonhap) -- Hyundai Heavy Industries Co., South Korea's leading shipbuilder, said Tuesday it will raise 1 trillion won (US$907 million) by listing its shares on the... 15:48 Jan. 26
Samsung Biologics 2020 net profit up 18.8 pct. to 241 bln won
SEOUL, Jan. 26 (Yonhap) -- Samsung Biologics Co. on Tuesday reported its 2020 net income of 241 billion won (US$217.8 million), up 18.8 percent from a year earlier. The company said in a regulat... 15:47 Jan. 26
Samsung Biologics Q4 net income down 54.3 pct. to 96.2 bln won
SEOUL, Jan. 26 (Yonhap) -- Samsung Biologics Co. on Tuesday reported its fourth-quarter net profit of 96.2 billion won (US$87 million), down 54.3 percent from a year earlier. The company said in... 15:47 Jan. 26
#Moon Jae-in
Moon shares finance minister's online message on S. Korea's economic performance related article
By Lee Chi-dong SEOUL, Jan. 26 (Yonhap)-- President Moon Jae-in shared Finance Minister Hong Nam-ki's social media message Tuesday on South Korea's latest gross domestic product (GDP) data, a rare ... 15:11 Jan. 26
#Hyundai Motor-Q4 earnings
(LEAD) Hyundai Motor's Q4 net jumps 78 pct on high-end models
(ATTN: RECASTS throughout with details) SEOUL, Jan. 26 (Yonhap) -- Hyundai Motor Co. said Tuesday its fourth-quarter net profit jumped 78 percent from a year earlier as robust domestic sales offse... 14:28 Jan. 26
#business sentiment
Biz sentiment edges up for Feb. on eased uncertainty: poll
SEOUL, Jan. 26 (Yonhap) -- South Korea's business sentiment inched up for February from a month earlier on decreased economic uncertainty, a poll showed Tuesday. The business survey index (BSI) ... 14:23 Jan. 26
#price fixing
(LEAD) 7 steelmakers fined 300 bln won over price collusion
(ATTN: UPDATES with more details in paras 3, 6) SEOUL, Jan. 26 (Yonhap) -- South Korea's antitrust regulator said Tuesday it has decided to fine seven steelmakers a combined 300 billion won (US$272... 14:21 Jan. 26