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
SEOUL, Jan. 11 (Yonhap) -- Bond issuance in South Korea shot up more than 23 percent in 2020 due to a surge in government debt sales to tackle the fallout of the coronavirus outbreak, data showed M...
14:04 Jan. 11
SEOUL, Jan. 11 (Yonhap) -- South Korea plans to nearly triple its lower-interest loans for the digital and green energy projects sought after by emerging countries by 2025, the finance ministry sai...
10:45 Jan. 11
SEOUL, Jan. 11 (Yonhap) -- South Korean state bonds worth nearly 48 trillion won (US$44 billion) are slated to mature in 2021, with the amount rising further in the next couple of years due to more...
08:56 Jan. 11
SEOUL, Jan. 10 (Yonhap) -- South Korea's economic recovery momentum is slowing down as the service sector has remained sluggish amid a resurgence in new coronavirus cases, a state-run think tank sa...
12:00 Jan. 10
SEOUL, Jan. 7 (Yonhap) -- Bitcoin topped 40 million won (US$36,800) per unit for the first time in South Korea on Thursday, a local cryptocurrency exchange said.
Bitcoin was trading at 40.9 mill...
09:33 Jan. 07
SEOUL, Jan. 7 (Yonhap) -- South Korea's vice finance minister vowed Thursday to strengthen financial stability this year amid concerns that idle money is excessively flowing into asset markets.
...
09:09 Jan. 07
SEOUL, Dec. 31 (Yonhap) -- Finance Minister Hong Nam-ki on Thursday vowed utmost efforts to pull off a V-shaped economic recovery next year, saying the government will put the priority on boosting ...
15:13 Dec. 31
SEOUL, Dec. 31 (Yonhap) -- South Korean insurance companies saw their financial health improve in the third quarter as more profits and share price gains bolstered capital, data showed Thursday.
...
10:32 Dec. 31
(ATTN: ADDS more details in paras 2, 8-13, 17-18)
By Kim Soo-yeon
SEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew less than 1 percent for the third straight month in December, data sh...
10:18 Dec. 31
(ATTN: UPDATES with more details throughout; ADDS 2nd photo)
By Kim Soo-yeon
SEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew less than 1 percent for the third straight month in Decemb...
08:34 Dec. 31
SEOUL, Dec. 31 (Yonhap) -- South Korea's consumer prices grew less than 1 percent for the third straight month in December, data showed Thursday, indicating low inflationary pressure in Asia's four...
08:04 Dec. 31
SEOUL, Dec. 30 (Yonhap) -- Kakao Bank, South Korea's top internet-only lender, said Wednesday it has recently completed a capital increase of 1 trillion won (US$920 million) to improve its loss-abs...
14:08 Dec. 30
SEOUL, Dec. 30 (Yonhap) -- The South Korean government said Wednesday it plans to complete the sale of its 17.25 percent stake in Woori Financial Holdings Co. by 2022, despite a delay in its sale a...
11:17 Dec. 30
SEOUL, Dec. 30 (Yonhap) -- South Korea's corporate direct financing plunged nearly 21 percent in November from the previous month due to a sharp drop in stock sales and a seasonal factor, data show...
08:18 Dec. 30
SEOUL, Dec. 28 (Yonhap) -- Investment advisory firms in South Korea swung to a profit in the first half of fiscal 2020 as the local stock market remained bullish, data showed Monday.
The 215 in...
12:00 Dec. 28
SEOUL, Dec. 24 (Yonhap) -- South Korea plans to sell 12.8 trillion won (US$11.6 billion) in state bonds next month, the finance ministry said Thursday.
The ministry will issue 3.25 trillion won ...
17:00 Dec. 24
SEOUL, Dec. 18 (Yonhap) -- Foreign currency deposits at banks in South Korea reached a new high in November on increased corporate holdings of yuan and euro deposits, central bank data showed Friday...
12:00 Dec. 18
(ATTN: ADDS more details in paras 11-14)
By Kim Soo-yeon
SEOUL, Dec. 17 (Yonhap) -- South Korea plans to implement its economic policy next year to maintain economic recovery momentum and prepare f...
15:12 Dec. 17
(ATTN: ADDS more details in last 5 paras)
By Kim Soo-yeon
SEOUL, Dec. 17 (Yonhap) -- South Korea's 2021 economic policy plan underscores its commitment to boosting domestic demand and propping up ...
14:18 Dec. 17