Economy

Economy

#systemic risk-H1 survey
Household debt, global inflation threaten S. Korean financial system: poll
SEOUL, June 11 (Yonhap) -- Surging household debt and worries about global inflation are two major systemic risks facing South Korea's financial system, a poll showed Friday. The household debt... 12:00 Jun. 11
#financial markets-May tally
Foreigners turn net sellers of S. Korean stocks in May
SEOUL, June 11 (Yonhap) -- Foreign investors turned net sellers of South Korean equities in May, as financial authorities partly resumed stock short-selling, the central bank said Friday. Forei... 12:00 Jun. 11
#Korean economy
(LEAD) Domestic demand extends improving momentum: ministry related article
(ATTN: ADDS more details in paras 11-12; ADDS photo) SEOUL, June 11 (Yonhap) -- South Korea's domestic demand is extending an improving trend as retail sales and consumer sentiment gained ground am... 10:34 Jun. 11
#Korean economy
Domestic demand extends improving momentum: ministry related article
SEOUL, June 11 (Yonhap) -- South Korea's domestic demand is extending an improving trend as retail sales and consumer sentiment gained ground amid an economic recovery, the finance ministry said Fr... 10:00 Jun. 11
#Hyundai plant-resumption
Hyundai resumes operations of local plants after quarantine steps
SEOUL, June 11 (Yonhap) -- Hyundai Motor Co. said Friday it has resumed operations at its four domestic plants following a half-day suspension due to the disruption of parts supply caused by the CO... 09:25 Jun. 11
#exports
(LEAD) S. Korea's exports jump 40.9 pct in first 10 days of June related article
(ATTN: UPDATES with more detail from para 3) By Kim Soo-yeon SEOUL, June 11 (Yonhap) -- South Korea's exports jumped 40.9 percent on-year in the first 10 days of June on the back of robust shipment... 09:09 Jun. 11
#retail investors
S. Korean retail investors swoop on 'meme-stock' AMC this month
SEOUL, June 11 (Yonhap) -- South Korea retail investors have traded more than US$1.7 billion worth of shares in AMC Entertainment Holdings Inc., one of the social media-driven meme stocks, this mon... 09:07 Jun. 11
#exports
S. Korea's exports jump 40.9 pct in first 10 days of June related article
SEOUL, June 11 (Yonhap) -- South Korea's exports jumped 40.9 percent on-year in the first 10 days of June on the back of robust shipments of chips and autos, customs data showed Friday. The coun... 09:03 Jun. 11
#firms-ESG principles
(Yonhap Feature) S. Korean firms embrace ESG principles
By Kim Deok-hyun SEOUL, June 11 (Yonhap) -- At first glance, the semiconductor industry and environmentalism seem to be awkward bedfellows. Water and energy are essential for semiconductor manu... 09:00 Jun. 11
#BOK chief-monetary policy
BOK will prepare for 'orderly' exit from monetary easing if recovery remains solid: chief
By Kim Deok-hyun SEOUL, June 11 (Yonhap) -- South Korea will prepare for an "orderly" exit from the pandemic-era monetary easing policy if an economic recovery remains solid, the head of the Bank o... 08:00 Jun. 11
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 11 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 11. Korean-language dailies -- Warning 2 months before collapse in Gwangju (Kyunghyang Shinm... 07:03 Jun. 11
#export prices-May tally
Export prices up for 6th month in May
SEOUL, June 11 (Yonhap) -- South Korea's export prices rose in May, marking the sixth straight monthly gain amid a robust recovery in exports, central bank data showed Friday. The country's exp... 06:00 Jun. 11
#egg imports
S. Korea to import more eggs in June to stabilize prices
SEOUL, June 10 (Yonhap) -- South Korea's top economic policymaker said Thursday the country plans to increase imports of eggs this month in a bid to help stabilize high prices caused by the outbrea... 17:00 Jun. 10
#Hyundai plant
Hyundai halts some assembly lines in S. Korea on parts shortage
SEOUL, June 10 (Yonhap) -- Hyundai Motor Co. said Thursday it has suspended some assembly lines of its mainstay plants here due to parts supply disruptions following COVID-19 infections at a key par... 14:34 Jun. 10
#housing market
Housing biz sentiment for June stays above par for 2nd month
SEOUL, June 10 (Yonhap) -- South Korea's housing market sentiment remained above the benchmark for the second straight month in June amid rising hopes of business improvements, a poll showed Thursda... 13:58 Jun. 10
#next generation cars
(LEAD) S. Korea to foster parts suppliers for next-generation cars
(ATTN: ADDS details in paras 6-10, photo) SEOUL, June 10 (Yonhap) -- South Korea's top economic policymaker said Thursday the government plans to provide support to help around 1,000 auto parts mak... 13:27 Jun. 10
#holding companies
No. of holding companies down in Q4
SEOUL, June 10 (Yonhap) -- The number of holding companies in South Korea declined in the fourth quarter despite the government's efforts to encourage firms to have a more transparent governance st... 12:00 Jun. 10
#household loan
Banks' household loan growth decelerates in May
SEOUL, June 10 (Yonhap) -- South Korean banks' household loans decelerated in May, mainly due to a sharp decline in non-mortgage loans, central bank data showed Thursday. The aggregate outstand... 12:00 Jun. 10
#BOK-monetary policy
BOK vows to meet inflation target in medium term
SEOUL, June 10 (Yonhap) -- South Korea's central bank said Thursday it will make efforts to achieve its inflation target of 2 percent for this year in the medium term, as it hinted an exit from rec... 12:00 Jun. 10
#South Korean shipbuilders
S. Korea regains No. 1 spot in May shipbuilding orders
By Nam Kwang-sik SEOUL, June 10 (Yonhap) -- South Korean shipbuilders outpaced their Chinese rivals to regain the top spot in global new orders of ships in May, industry data showed Thursday. Sout... 11:48 Jun. 10