Economy

Economy

#seniors
Number of seniors living alone soars 36 pct over 5 years
SEJONG, Aug. 2 (Yonhap) -- The number of seniors living alone has surged nearly 36 percent over the last five years amid the country's rapid population aging, data showed Monday. A total of 1.66... 08:30 Aug. 02
#trade balance
(3rd LD) July exports set fresh high on chips, autos
(ATTN: ADDS details in paras throughout, photo) By Kang Yoon-seung SEOUL, Aug. 1 (Yonhap) -- South Korea's exports jumped 29.6 percent on-year in July to a record high, extending their gains to a ni... 11:00 Aug. 01
#trade balance
(2nd LD) July exports set fresh high on chips, autos
(ATTN: ADDS details in paras 7-14, photo) By Kang Yoon-seung SEOUL, Aug. 1 (Yonhap) -- South Korea's exports jumped 29.6 percent on-year in July to a record high, extending their gains to a ninth co... 10:13 Aug. 01
#trade balance
(LEAD) July exports set fresh high on chips, autos
(ATTN: CHANGES headline; ADDS details throughout) By Kang Yoon-seung SEOUL, Aug. 1 (Yonhap) -- South Korea's exports jumped 29.6 percent on-year in July to a record high, extending their gains to a ... 09:30 Aug. 01
#trade balance
Exports grow for 9th month on chips, autos
By Kang Yoon-seung SEOUL, Aug. 1 (Yonhap) -- South Korea's exports jumped 29.6 percent on-year in July to extend their gains to a ninth consecutive month as the global economy maintained a recovery,... 09:05 Aug. 01
#trade balance-July
(URGENT) S. Korea's exports soar 29.6 pct on-year to US$55.4 bln in July
09:00 Aug. 01
#SsangYong Motor
(2nd LD) U.S. firm, 8 others submit LOIs for SsangYong Motor
(ATTN: CHANGES photos; ADDS details throughout) By Choi Kyong-ae SEOUL, July 30 (Yonhap) -- A U.S. vehicle importer and eight other companies have submitted letters of intent to acquire SsangYong ... 18:17 Jul. 30
#SsangYong Motor
(LEAD) U.S. firm, 8 others submit LOIs for SsangYong Motor
(ATTN: CHANGES headline and lead; ADDS details in paras 3-4, 12) By Choi Kyong-ae SEOUL, July 30 (Yonhap) -- A U.S. vehicle importer and eight other companies have submitted letters of intent to a... 17:33 Jul. 30
Hyosung Q2 net income up 409.7 pct to 187.4 bln won
SEOUL, July 30 (Yonhap) -- Hyosung Corp. on Friday reported its second-quarter net profit of 187.4 billion won (US$162.9 million), up 409.7 percent from a year earlier. The company said in a reg... 17:28 Jul. 30
#Samsung Heavy Industries
(LEAD) Samsung Heavy Industries reduces net loss in Q2 related article
(ATTN: RECASTS headline, lead; UPDATES with more info throughout; ADDS photo) By Nam Kwang-sik SEOUL, July 30 (Yonhap) -- Samsung Heavy Industries Co. said Friday that it narrowed its net loss in... 17:10 Jul. 30
Hotel Shilla shifts to black in Q2
SEOUL, July 30 (Yonhap) -- Hotel Shilla Co. on Friday reported its second-quarter net profit of 12 billion won (US$10.5 million), swinging from a loss of 67.7 billion won a year earlier. Operati... 17:05 Jul. 30
Hyosung TNC shifts to black in Q2
SEOUL, July 30 (Yonhap) -- Hyosung TNC Corp. on Friday reported its second-quarter net profit of 299.6 billion won (US$260.4 million), turning from a loss of 19.5 billion won a year earlier. Ope... 16:38 Jul. 30
Mando shifts to profits in Q2
SEOUL, July 30 (Yonhap) -- Mando Corp. on Friday reported its second-quarter net income of 80.4 billion won (US$69.9 million), swinging from a loss of 111.9 billion won a year earlier. Operating... 15:50 Jul. 30
Samsung Heavy Industries remains in red in Q2
SEOUL, July 30 (Yonhap) -- Samsung Heavy Industries Co. on Friday reported its second-quarter net loss of 447.4 billion won (US$388.9 million), remaining in the red compared with a year ago. The... 15:38 Jul. 30
Green Cross Q2 net profit down 46 pct to 7.5 bln won
SEOUL, July 30 (Yonhap) -- Green Cross Corp. on Friday reported its second-quarter net income of 7.5 billion won (US$6.5 million), down 46 percent from a year earlier. The company said in a regu... 15:15 Jul. 30
#cigarette sales
Cigarette sales in S. Korea up 0.7 pct in H1
SEOUL, July 30 (Yonhap) -- Sales of cigarettes in South Korea went up 0.7 percent on-year in the first half of this year as smokers' purchases via duty-free channels were thwarted amid the pandemic... 15:02 Jul. 30
#SsangYong Motor
U.S. firm, 2 local firms submit LOIs for SsangYong Motor
By Choi Kyong-ae SEOUL, July 30 (Yonhap) -- A U.S. vehicle importer, a South Korea builder and a consortium led by a South Korean electric bus maker submitted letters of intent to acquire SsangYong... 15:00 Jul. 30
#Doosan Heavy
Doosan Heavy grabs 550 bln-won deal to build LNG storage tanks related article
By Nam Kwang-sik SEOUL, July 30 (Yonhap) -- South Korea's power plant builder Doosan Heavy Industries & Construction Co. said Friday it has won a 550 billion-won (US$479.6 million) deal to constru... 13:47 Jul. 30
#North Korea
(LEAD) N. Korea's economy suffers worst contraction since 1997 in 2020 amid pandemic: BOK
(ATTN: ADDS BOK official's remarks, details in paras 3-4; RECASTS headline, lead para) SEOUL, July 30 (Yonhap) -- North Korea's economy is estimated to contract 4.5 percent on-year in 2020, markin... 13:41 Jul. 30
#summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Friday. ----------------- (2nd LD) Daily virus cases over 1,700 as infections grow amid summer vacation seaso... 13:39 Jul. 30