SEOUL, Jan. 20 (Yonhap) -- South Korea said Wednesday it plans to provide nearly 500 trillion won (US$455 billion) in policy financing to merchants and businesses hit hard by the pandemic and a ser...
15:10 Jan. 20
(ATTN: ADDS more details in paras 3, 10)
By Kim Soo-yeon
SEOUL, Jan. 20 (Yonhap) -- South Korea plans to monitor foreign exchange liquidity conditions for non-banking institutions on a monthly basi...
14:11 Jan. 20
By Kim Soo-yeon
SEOUL, Jan. 20 (Yonhap) -- South Korea plans to monitor foreign exchange liquidity conditions for non-banking institutions on a monthly basis in a bid to ease potential market jitte...
13:30 Jan. 20
SEOUL, Jan. 20 (Yonhap) -- South Korea plans to provide 38.4 trillion won (US$34.9 billion) in financial support to households and companies to help them cope with financial difficulty in the run-u...
10:51 Jan. 20
(ATTN: ADDS more details in paras 4, 9-14)
SEOUL, Jan. 19 (Yonhap) -- South Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short ...
15:10 Jan. 19
SEOUL, Jan. 19 (Yonhap) -- South Korea's finance ministry said Tuesday it will carefully manage ample liquidity this year to prevent idle money from causing asset bubbles and increasing household d...
12:00 Jan. 19
SEOUL, Jan. 19 (Yonhap) -- South Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short and long-term state bonds is increasing, th...
09:11 Jan. 19
SEOUL, Jan. 17 (Yonhap) -- North Korea is to kick off a parliamentary session in Pyongyang on Sunday in an apparent legislative step to follow up on the country's ruling party congress that recentl...
10:36 Jan. 17
(ATTN: ADDS more details in paras 11, 14)
SEOUL, Jan. 15 (Yonhap) -- The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hamp...
10:44 Jan. 15
SEOUL, Jan. 15 (Yonhap) -- The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hampering domestic demand, the finance ministr...
10:00 Jan. 15
SEOUL, Jan. 14 (Yonhap) -- South Korean banks' household loans increased by the most last year, fueled by demand for home-backed lending and overdrafts for stock and property investments, central b...
14:14 Jan. 14
SEOUL, Jan. 14 (Yonhap) -- The total amount of investment in startups reached a record high last year amid hopes of lucrative returns and policy backup, government data showed Thursday.
A total ...
12:00 Jan. 14
SEOUL, Jan. 14 (Yonhap) -- The delinquency rate for South Korean banks' won-denominated loans remained flat in November from the previous month, the financial regulator said Thursday.
The rate f...
12:00 Jan. 14
SEOUL, Jan. 14 (Yonhap) -- Sales of bonds and certificates of deposits (CDs) in South Korea swelled more than 16 percent in 2020 from a year earlier, data showed Thursday.
The value of those deb...
11:00 Jan. 14
SEOUL, Jan. 13 (Yonhap) -- South Korea plans to sell a total of 8 trillion won (US$7.3 billion) worth of Treasury bills in the first two months of the year to fund its expansionary fiscal policy, t...
15:00 Jan. 13
SEOUL, Jan. 13 (Yonhap) -- The value of listed bonds in South Korea jumped nearly 24 percent on-year to a new record high in 2020 due to a spike in government debt sale to tackle the coronavirus im...
14:21 Jan. 13
SEOUL, Jan. 12 (Yonhap) -- Unionized workers at SsangYong Motor Co. should cooperate in the automaker's court-led rehabilitation and business turnaround by not going on strike, a key condition for ...
17:29 Jan. 12
SEOUL, Jan. 12 (Yonhap) -- The state-run Korea Development Bank (KDB) said Tuesday it has issued US$1.5 billion worth of bonds to foreign investors.
The lender has sold 10-year bonds worth $300 ...
15:32 Jan. 12
SEOUL, Jan. 12 (Yonhap) -- South Korea will begin its annual meeting with the International Monetary Fund (IMF) this week on the country's overall economic situation and its response to the new cor...
14:03 Jan. 12
SEOUL, Jan. 12 (Yonhap) -- South Korea's tax revenue declined 2.1 trillion won (US$1.9 billion) in November 2020 due largely to a fall in value-added and transportation tax earnings, the finance mi...
10:00 Jan. 12