#tax revenue
Finance
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#bondS. Korean bond sales soar 23 pct in 2020
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 -
#EDCF
S. Korea to triple EDCF loans for digital, green energy sectors by 2025
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 -
State bonds worth 48 tln won to mature this year: gov't data
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 -
#economic growthEconomic recovery momentum slackens amid flare-up in COVID-19 cases: KDI
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 -
#cryptocurrencyBitcoin tops 40 mln won in S. Korea for 1st time
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 -
#financial stabilityS. Korea to focus on financial stability amid concerns over asset market boom
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 -
#finance ministerS. Korea eyes V-shaped economic recovery, more job creation next year: finance minister related article
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 -
#insurersInsurers' financial health improves in Q3
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 -
#consumer prices(2nd LD) S. Korea's consumer prices grow less than 1 pct for 3rd month in Dec. related article
(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 -
#consumer prices
(LEAD) S. Korea's consumer prices grow less than 1 pct for 3rd month in Dec. related article
(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 -
#consumer prices
S. Korea's consumer prices grow less than 1 pct for 3rd month in Dec.
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 -
Online lender Kakao Bank conducts 1 tln won rights issue
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 -
#Woori FinancialGov't to complete sale of Woori Financial by 2022 as planned
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 -
#corporate financingCorporate direct financing dips 21 pct in Nov.
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 -
#investment companiesInvestment advisory firms swing to profit in H1 on stock rally
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 -
#TreasurysS. Korea to sell 12.8 tln won worth of Treasurys in Jan.
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 -
#foreign currencyResidents' foreign currency deposits hit new high in Nov.
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 -
#economic policy(LEAD) S. Korea to focus on supporting economic recovery, preparing for post-pandemic era in 2021 related article
(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 -
#economic policy(LEAD) (News Focus) S. Korea drums up measures to revive consumption, create jobs next year amid pandemic related article
(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
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WTO rules in favor of S. Korea in lawsuit against U.S.
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S. Korea sets official tariff on rice at 513 pct
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Ex-Samsung supplier, former execs acquitted in alleged leak of curved edge display tech
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(LEAD) Seoul stocks hit record high on optimism for Biden presidency
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Biden administration tipped to have positive impact on S. Korea's exports
News Focus
Market
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(News Focus) S. Korea drums up measures to revive consumption, create jobs next year amid pandemic
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S. Korean companies bet big on hydrogen for zero-emission goal
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S. Koreans feel pinch of rising housing costs amid economic downturn
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Korean Air's Asiana takeover heralds seismic shift; bumpy roads lie ahead for completion
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(News Focus) Biden's victory heralds more multilateral approach, environment, pro-labor policies in focus
