Economy

Economy

#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 5 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 5. Korean-language dailies -- Calls grow for probe into all sexual violence cases in Army, Na... 08:54 Jun. 05
#extra budget
(2nd LD) S. Korea considers another extra budget without debt sale: finance minister
(ATTN: ADDS market reaction in paras 14,last para) By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another extra budget wit... 16:27 Jun. 04
#S Korea-fire blight
S. Korea to raise guard against fire blight amid looming nationwide spread
SEOUL, June 4 (Yonhap) -- South Korea's agricultural agency said Friday it plans to expand surveillance on fire blight amid growing concerns over the nationwide spread of the deadly disease for app... 14:10 Jun. 04
#Yonhap news summary
Yonhap News Summary
The following is the first summary of major stories moved by Yonhap News Agency on Friday. ----------------- (LEAD) S. Korea considers another extra budget without debt sale: finance minister ... 13:33 Jun. 04
#extra budget
(LEAD) S. Korea considers another extra budget without debt sale: finance minister
(ATTN: UPDATES with more details in paras 4,8,9,12-16: ADDS photo) By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another ... 10:46 Jun. 04
#extra budget
S. Korea considers another extra budget without debt sale: finance minister
By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another extra budget with larger tax revenue in a bid to help support vuln... 10:27 Jun. 04
#extra budget
(URGENT) S. Korea to consider creating another round of extra budget: finance minister
10:08 Jun. 04
#headlines
Top headlines in major S. Korean newspapers
SEOUL, June 4 (Yonhap) -- The following are the top headlines in major South Korean newspapers on June 4. Korean-language dailies -- Family of sexual harassment victim in Air Force discloses more ... 07:06 Jun. 04
#Yonhap News Summary
Yonhap News Summary
The following is the second summary of major stories moved by Yonhap News Agency on Thursday. ----------------- Regulator rejects Samsung's proposed remedy over alleged unfair biz activity ... 17:23 Jun. 03
#Doosan
Doosan Heavy teams up with local firms for hydrogen gas turbine
By Nam Kwang-sik SEOUL, June 3 (Yonhap) -- South Korean power plant builder Doosan Heavy Industries & Construction Co. said Thursday that it has joined forces with local firms and a local governme... 16:51 Jun. 03
#corporate watchdog
Regulator rejects Samsung's proposed remedy over alleged unfair biz activity
SEOUL, June 3 (Yonhap) -- South Korea's antitrust regulator said Thursday it has not approved a proposal by major affiliates of Samsung Group to address their alleged unfair business practice over ... 14:06 Jun. 03
#corporate profitability-2020 tally
Corporate sales fall, profit margin grows in 2020 amid pandemic
SEOUL, June 3 (Yonhap) -- South Korean companies saw their profitability continue their growth in 2020, but their sales declined amid the COVID-19 pandemic, central bank data showed Thursday. Th... 12:00 Jun. 03
#brokerages-Q1 earnings
Brokerages' Q1 profit more than doubles on stock rally
SEOUL, June 3 (Yonhap) -- South Korean brokerage firms saw their combined net profit surge 113.2 percent on quarter in the first quarter, thanks to a stock rally that helped them earn higher commis... 12:00 Jun. 03
#online shopping
Online shopping up 25 pct in April amid contactless trend
SEOUL, June 3 (Yonhap) -- Online shopping in South Korea increased 25.2 percent in April from a year earlier as more people used e-commerce shopping platforms amid a non-contact consumption trend c... 12:00 Jun. 03
#KSOE
Korea Shipbuilding wins 221 bln-won order for 3 oil tankers
By Nam Kwang-sik SEOUL, June 3 (Yonhap) -- Korea Shipbuilding & Offshore Engineering Co. (KSOE) said Thursday it has signed a 220.5 billion-won (US$198.6 million) order for three oil tankers. ... 11:09 Jun. 03
#natural gas-stockpile
S. Korea to stockpile more natural gas amid uncertainties
SEOUL, June 3 (Yonhap) -- South Korea said Thursday it plans to stockpile more natural gas to maintain a stable supply of the resource amid uncertainties in the global price. Under the draft pla... 11:00 Jun. 03
#SK
SK invests in U.S. hydrogen firm Monolith
By Kim Eun-jung SEOUL, June 3 (Yonhap) -- SK Inc., the holding company of SK Group, said Thursday it has made a strategic investment in Monolith Materials Inc., an American hydrogen company, to ram... 11:00 Jun. 03
#budget request
State agencies request 6.3 pct hike in 2022 budget
SEOUL, June 3 (Yonhap) -- South Korea's government ministries and state agencies have requested a 6.3 percent hike in their budgets for next year as they seek to cope with post-pandemic economic re... 10:00 Jun. 03
#housing market
Finance minister warns of adjustments in home prices
SEOUL, June 3 (Yonhap) -- Finance Minister Hong Nam-ki on Thursday voiced "deep" concerns about one-sided expectations that housing prices will likely continue to rise in the second half. The mi... 08:32 Jun. 03
#materials imports
S. Korea's dependency on Japan materials, parts hits new low
SEOUL, June 3 (Yonhap) -- South Korea's dependency on Japanese materials and parts plumbed an all-time low this year in the wake of Tokyo's control on exports of key products, government data showe... 08:30 Jun. 03