Economy

Economy

#job market
Job additions stretched to 3rd month in May
By Kim Soo-yeon SEOUL, June 9 (Yonhap) -- South Korea reported job growth for the third straight month in May, data showed Wednesday, in the latest sign that the job market is recovering from slump... 08:05 Jun. 09
#GDP-Q1 revision
S. Korea's Q1 economic expansion faster than expected at 1.7 pct
By Kim Deok-hyun SEOUL, June 9 (Yonhap) -- South Korea's economy grew slightly faster than expected in the first quarter, thanks to a robust recovery of exports and facility investment, central ban... 08:02 Jun. 09
#job market
(URGENT) 619,000 jobs added in May, marking 3rd month of job additions
08:00 Jun. 09
#GDP-Q1 revision
(URGENT) S. Korea's Q1 GDP growth revised up to 1.7 pct: BOK
08:00 Jun. 09
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 9 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 9. Korean-language dailies -- DP asks 12 lawmakers to leave over land speculation suspicions ... 07:06 Jun. 09
#LG Energy
(LEAD) LG Energy submits IPO application
(ATTN: UPDATES with more details in paras 3, 4, 8) SEOUL, June 8 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Tuesday it applied for preliminary approval to list its shares o... 20:53 Jun. 08
#LG Energy
LG Energy submits IPO application
SEOUL, June 8 (Yonhap) -- South Korean battery maker LG Energy Solution Ltd. said Tuesday it applied for preliminary approval to list its shares on the country's main stock market. LG Energy, th... 18:55 Jun. 08
Samsung Heavy countersued by INPEX against its damage suit
By Nam Kwang-sik SEOUL, June 8 (Yonhap) -- South Korea's Samsung Heavy Industries Co. said Tuesday that it has been countersued by Japanese oil and developer INPEX after it filed a complaint again... 18:48 Jun. 08
#news summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Tuesday. ----------------- (2nd LD) DP to recommend voluntary departure to 12 lawmakers suspected of illegal ... 17:07 Jun. 08
#industry minister-exports
S. Korea eyes record high exports for 2021: minister
By Kang Yoon-seung SEJONG, June 8 (Yonhap) -- South Korea is close to setting a new record for annual exports in 2021 on the back of the country's successful response to the new coronavirus pandemi... 15:00 Jun. 08
#registered employees-statistics
Number of registered employees rises 2.2 pct in 2019: data
SEJONG, June 8 (Yonhap) -- The number of registered employees, who are eligible for state insurance programs, in South Korea rose 2.2 percent on-year in 2019, data showed Tuesday. There were 24... 13:46 Jun. 08
#Yonhap News Summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Tuesday. ----------------- (LEAD) Moon says G-7 summit to be chance for S. Korea's diplomacy, bigger role on g... 13:30 Jun. 08
#SsangYong Motor-self rescue measures
(LEAD) SsangYong Motor workers accept unpaid leave, wage cut in self-rescue efforts
(ATTN: ADDS details in paras 3-4, 8; CHANGES photo) By Choi Kyong-ae SEOUL, June 8 (Yonhap) -- Unionized workers at SsangYong Motor Co. have voted to accept a proposal for unpaid leave and a wage cu... 12:42 Jun. 08
#SsangYong Motor-self rescue measures
SsangYong Motor workers accept unpaid leave, wage cut in self-rescue efforts
By Choi Kyong-ae SEOUL, June 8 (Yonhap) -- Unionized workers at SsangYong Motor Co. have voted to accept a proposal for unpaid leave and a wage cut as the financially troubled company is struggling... 11:03 Jun. 08
#tax revenue-April
April tax revenue up 13.8 tln won
SEJONG, June 8 (Yonhap) -- South Korea's tax revenue rose 13.8 trillion won (US$12.4 billion) in April from a year earlier due largely to an increase in the collection of capital gains taxes, the f... 10:11 Jun. 08
#duty-free-sales jump
Duty-free sales surge to nearly 3-year high in April
SEOUL, June 8 (Yonhap) -- Duty-free sales in South Korea jumped more than 50 percent in April to nearly a three-year high, signaling the industry's steady recovery toward the pre-pandemic level, go... 09:21 Jun. 08
#Jeju Air-Saipan route
Jeju Air resumes flights to Saipan amid vaccination drive
SEOUL, June 8 (Yonhap) -- Jeju Air Co., South Korea's biggest budget carrier by sales, said Tuesday it has resumed flights to Saipan in a preemptive measure to absorb post-coronavirus travel demand... 08:52 Jun. 08
#current account-April
Current account surplus sharply narrows in April on higher oil prices
SEOUL, June 8 (Yonhap) -- South Korea's current account surplus sharply narrowed in April as higher oil prices increased the country's import bill, the central bank said Tuesday. The current ac... 08:00 Jun. 08
#current account-April
(URGENT) S. Korea's current account surplus sharply narrows to US$1.91 bln in April: BOK
08:00 Jun. 08
#dailies-editorials
(EDITORIAL from Korea Times on June 8)
Global tax reform : More efforts needed to ensure fair taxation Finance ministers of the Group of Seven (G7) countries agreed Saturday to a "historic" deal that would impose a global minimum corpor... 07:10 Jun. 08