Economy
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#headlines
Top headlines in major S. Korean newspapers
SEOUL, Sept. 16 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Sept. 16. Korean-language dailies -- Anxious to supply homes, gov't eases building regulations o... 07:01 Sep. 16 -
#carmakers
5 companies to recall some 300 vehicles over faulty parts
SEOUL, Sept. 16 (Yonhap) -- Volvo Cars Korea, Toyota Motor Korea Co. and three other companies will voluntarily recall some 300 vehicles to fix faulty components, the transport ministry said Thursd... 06:00 Sep. 16 -
#consumer financing firms-H1 earningsConsumer financing firms' profit soars in H1 on stock rally
SEOUL, Sept. 16 (Yonhap) -- Consumer financing firms in South Korea saw their combined net profit jump 50 percent on-year in the first half, supported by strong gains from stock rallies and a modes... 06:00 Sep. 16 -
#SsangYong Motor(LEAD) Local EV maker, 2 others submit bids for SsangYong Motor
(ATTN: ADDS details throughout) SEOUL, Sept. 15 (Yonhap) -- A South Korean consortium led by electric vehicle maker Edison Motors Co. and two others have submitted bids for SsangYong Motor Co., the... 17:25 Sep. 15 -
#SsangYong Motor-auctionLocal EV maker, 2 others submit bids for SsangYong Motor
SEOUL, Sept. 15 (Yonhap) -- A South Korean consortium led by electric vehicle maker Edison Motors Co. and two others have submitted bids for SsangYong Motor Co., the deal's lead manager said Wednes... 16:15 Sep. 15 -
#farmS. Korea closely monitoring Typhoon Chanthu's impact on farms
By Kang Yoon-seung SEOUL, Sept. 15 (Yonhap) -- South Korea's agricultural ministry called Wednesday for local farms to thoroughly inspect their readiness against Typhoon Chanthu, which is expected ... 15:36 Sep. 15 -
#antitrust regulatorKakao founder faces possible probe over alleged violation of fair trade act related article
SEOUL, Sept. 15 (Yonhap) -- South Korea's antitrust regulator may file a complaint with the prosecution against the founder of internet giant Kakao Corp., as it is reviewing punitive actions agains... 15:29 Sep. 15 -
#Hyundai Heavy IndustriesHyundai Heavy to unveil its newly developed gas carriers in Gastech 2021
By Nam Kwang-sik SEOUL, Sept. 15 (Yonhap) -- Hyundai Heavy Industries Group said Wednesday it will push to win approval of its newly developed gas carriers from global ship quality assurance and r... 14:17 Sep. 15 -
#exportersMost S. Korean exporters eye rising freight rates: poll
SEOUL, Sept. 15 (Yonhap) -- A majority of South Korean exporting companies expect international freight rates to continue their uptrend till the first half of 2022, a poll showed Wednesday. The ... 13:41 Sep. 15 -
#corporate profitability-Q2 tallyCorporate sales improve, profit margin grows in Q2 amid pandemic
SEOUL, Sept. 15 (Yonhap) -- South Korean companies saw their profitability grow in the second quarter, with their sales improving despite the fallout of the COVID-19 pandemic, central bank data sho... 12:00 Sep. 15 -
#Doosan HeavyDoosan Heavy to provide equipment for WTIV to Daewoo Shipbuilding related article
By Nam Kwang-sik SEOUL, Sept. 15 (Yonhap) -- South Korea's top power plant builder Doosan Heavy Industries & Construction Co. said Wednesday that it has signed a deal with Daewoo Shipbuilding & Mar... 11:17 Sep. 15 -
#rice reservesS. Korea to purchase 350,000 tons of rice for reserves
By Kang Yoon-seung SEOUL, Sept. 15 (Yonhap) -- South Korea's agricultural ministry said Wednesday it plans to purchase 350,000 tons of rice harvested this year, which will be reserved before being ... 11:00 Sep. 15 -
#jobless rate(2nd LD) Job growth slows in Aug. amid resurgence of COVID-19 related article
(ATTN: UPDATES with more details in paras 8-9,11,22) By Kim Soo-yeon SEOUL, Sept. 15 (Yonhap) -- South Korea reported job additions for the sixth straight month in August, but the growth pace slowe... 10:37 Sep. 15 -
#household debtS. Korea eyes additional measures to curb household debt: finance chief
SEOUL, Sept. 15 (Yonhap) -- Finance Minister Hong Nam-ki said Wednesday the government will explore additional measures to curb household debt, including tighter lending rules at non-banking instit... 09:45 Sep. 15 -
#bank loans(LEAD) S. Korea to extend loan maturity again for pandemic-hit firms, merchants
(ATTN: ADDS remarks, details in paras 3-5) SEOUL, Sept. 15 (Yonhap) -- South Korea's financial regulator said Wednesday local banks will extend loan maturity and delay interest payments again for s... 09:13 Sep. 15 -
#Hyundai MotorHyundai, OCI, CPS Energy team up for recycle of used EV batteries in ESS
By Kim Eun-jung SEOUL, Sept. 15 (Yonhap) -- South Korean automaker Hyundai Motor Group said Wednesday it will partner with solar firm OCI Solar Power and U.S.-based utility firm CPS Energy to recyc... 09:10 Sep. 15 -
#bank loansS. Korea to extend loan maturity again for pandemic-hit firms, merchants
SEOUL, Sept. 15 (Yonhap) -- South Korea's financial regulator said Wednesday local banks will extend loan maturity and delay interest payments again for smaller firms and merchants hit hard by the ... 09:01 Sep. 15 -
#jobless rate
(LEAD) Job growth slows in Aug. amid resurgence of COVID-19 related article
(ATTN: UPDATES with more details from para 7) By Kim Soo-yeon SEOUL, Sept. 15 (Yonhap) -- South Korea reported job additions for the sixth straight month in August, but the growth pace slowed as em... 08:47 Sep. 15 -
#jobless rate
Job growth slows in Aug. amid resurgence of COVID-19
By Kim Soo-yeon SEOUL, Sept. 15 (Yonhap) -- South Korea reported job additions for the sixth straight month in August, but the growth pace slowed as employment at in-person service sectors was hit ... 08:03 Sep. 15
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(LEAD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(3rd LD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(2nd LD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(URGENT) 1,420 more patients released from coronavirus treatment, total now at 257,449: KDCA
News Focus
Market
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S. Korean companies go big on future of hydrogen
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Theaters abuzz with return to pre-pandemic level
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Kakao, Naver in neck-and-neck race for 3rd most valuable firm in S. Korea
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(News Focus) Housing policy at risk of further losing credibility, public support
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Short selling revisited on retail investors' increased sway
