Economy

Economy

#Moon Jae-in
Moon discusses vaccine cooperation with Germany's CureVac
VIENNA, June 15 (Joint Press Corps-Yonhap) -- South Korean President Moon Jae-in had a virtual meeting Tuesday with the head of Germany's biotech group CureVac on COVID-19 vaccine partnership, Cheo... 17:16 Jun. 15
#BOK board-May minutes
BOK board members see inflation pressure rise: minutes
SEOUL, June 15 (Yonhap) -- Some members of the central bank's rate-setting board saw inflationary pressure rise amid an economic recovery and the Bank of Korea (BOK) needs to review the timing of n... 16:39 Jun. 15
#Korean history
Today in Korean history
June 16 1232 -- Korea's Goryeo Dynasty relocates its capital from the ancient city of Kaesong to Ganghwa Island off the west coast in the face of a Mongolian invasion. 1956 -- South Korea's... 14:00 Jun. 15
#listed firms
Listed firms' financial health improves in Q1
SEOUL, June 15 (Yonhap) -- South Korea's listed companies saw their overall financial soundness improve slightly in the first quarter thanks mainly to big firms' better conditions, a report showed ... 13:38 Jun. 15
#money supply-April tally
Money supply continues to grow in April
SEOUL, June 15 (Yonhap) -- South Korea's money supply continued to grow in April, as loans to households and firms increased amid the COVID-19 pandemic, central bank data showed Tuesday. The co... 12:00 Jun. 15
#strawberry
Exports of strawberries up 25 pct in Jan.-May period
SEOUL, June 15 (Yonhap) -- South Korea's exports of strawberries rose nearly 25 percent on-year in the first five months of this year on the back of robust output and rising demand amid the pandemi... 11:31 Jun. 15
#digital project
S. Korea to increase R&D investment in key future technologies
SEOUL, June 15 (Yonhap) -- South Korea plans to expand investment in research and development (R&D) of key future technologies, such as system semiconductors, as part of the country's key digital p... 10:51 Jun. 15
#short-time workers
Number of 'short-time workers' in S. Korea hits new high in May
SEJONG, June 15 (Yonhap) -- The number of "short-time workers" in South Korea reached an all-time high in May amid increasing labor costs, a report showed Tuesday. A total of 1.56 million employ... 08:33 Jun. 15
#editorial
(EDITORIAL from Korea Herald on June 15)
Monetary policy shift All economic actors should take precaution against the inevitability of rate increase Since last month, the Bank of Korea has repeatedly sent a signal that it will move to ti... 06:57 Jun. 15
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 15 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 15. Korean-language dailies -- Head of state health insurer goes on hunger strike over feuds... 06:57 Jun. 15
#Hyundai Oilbank
Hyundai Oilbank plans to go public next year related article
SEOUL, June 14 (Yonhap) -- Hyundai Oilbank Co., a major South Korean oil refiner under Hyundai Heavy Industries Group, plans to list its shares on the country's bourse next year, its parent company... 20:01 Jun. 14
#Eastar-auction
(2nd LD) 2-way race begins to take over budget carrier Eastar
(ATTN: ADDS more info in 4th para) SEOUL, June 14 (Yonhap) -- A consortium led by underwear maker Ssang Bang Wool has submitted a bid to acquire financially troubled budget carrier Eastar Jet Co. t... 18:21 Jun. 14
#Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Monday. ----------------- China not discussed at G-7 meetings South Korea took part in: vice FM SEOUL ... 17:00 Jun. 14
#Eastar-auction
(LEAD) 2-way race begins to take over budget carrier Eastar
(ATTN: CHANGES headline, lead; UPDATES with more details in paras 2-5) SEOUL, June 14 (Yonhap) -- A consortium led by underwear maker Ssang Bang Wool has submitted a bid to acquire financially trou... 16:29 Jun. 14
#extra budget
Excess tax income may be used to repay part of national debt: minister
SEOUL, June 14 (Yonhap) -- Finance Minister Hong Nam-ki said Monday the government will consider repaying part of the country's national debt with excess tax revenue when it draws up another extra ... 16:22 Jun. 14
#Hyundai Heavy Industries
Hyundai Heavy CEO, 17 others indicted over deadly workplace disasters related article
SEOUL, June 14 (Yonhap) -- The chief executive officer of Hyundai Heavy Industries Co. and 17 others have been indicted in connection with five deadly workplace disasters at the company, prosecutor... 16:19 Jun. 14
#Eastar-auction
Ssang Bang Wool-led consortium sole bidder for budget carrier Eastar: sources
SEOUL, June 14 (Yonhap) -- A consortium led by underwear maker Ssang Bang Wool has submitted a bid in an auction to acquire financially troubled budget carrier Eastar Jet Co. amid hopes for a retur... 15:51 Jun. 14
#today in korean history
Today in Korean history
June 15 918 -- Wang Geon establishes the Goryeo Kingdom, unifying three states on the Korean Peninsula. One of them, the Silla Kingdom, had declined following its 1,000-year rule that starte... 14:00 Jun. 14
#smaller firms-workweek system
Smaller firms demand 1-year more grace period for 52-hour workweek amid pandemic
SEOUL, June 14 (Yonhap) -- South Korea's smaller forms on Monday called for a further delay in enforcing the 52-hour workweek system for them set to take effect next month amid the extended COVID-1... 13:50 Jun. 14
#exporters
Over three-fourths of S. Korean exporters to China hit by pandemic: poll
SEOUL, June 14 (Yonhap) -- More than three-fourths of South Korean exporters to China have suffered damage from the coronavirus pandemic, a poll showed Monday. The survey of 540 exporting compan... 13:37 Jun. 14