Finance

Finance

#economic growth
(LEAD) Domestic demand on mild improvement track: finance ministry related article
(ATTN: UPDATES with more details in last 2 paras) SEOUL, May 14 (Yonhap) -- South Korea's domestic demand is gradually improving as a slump in the service sector caused by the pandemic has eased, t... 10:27 May. 14
#economic growth
Domestic demand on mild improvement track: finance ministry related article
SEOUL, May 14 (Yonhap) -- South Korea's domestic demand is gradually improving as a slump in the service sector caused by the pandemic has eased, the finance ministry said Friday. In its monthly... 10:00 May. 14
#economic growth
(2nd LD) S. Korea to take steps if needed amid increased market volatility
(ATTN: UPDATES with market close in paras 5-7) SEOUL, May 13 (Yonhap) -- South Korea plans to take measures to stabilize the financial market if needed, as it has been suffering increased volatility... 15:37 May. 13
#economic growth
(LEAD) S. Korea to take steps if needed amid increased market volatility
(ATTN: RECASTS headline, lead; UPDATES with more details from para 2; ADDS photo) SEOUL, May 13 (Yonhap) -- South Korea plans to take measures to stabilize the financial market if needed, as it has ... 14:38 May. 13
#KDI
KDI sharply ups 2021 growth outlook for S. Korean economy to 3.8 pct
By Kim Soo-yeon SEOUL, May 13 (Yonhap) -- The Korea Development Institute (KDI) on Thursday sharply revised up its growth outlook for the South Korean economy this year, citing robust exports amid ... 12:00 May. 13
#economic growth
Talks of rate hike too early amid accelerating inflation: senior official
SEOUL, May 13 (Yonhap) -- South Korea's consumer prices have recently accelerated, but it is too early to say that the country's economy is overheated enough to warrant a rate hike, a senior govern... 11:29 May. 13
Samsung Fire & Marine Insurance Q1 net soars 163 pct
SEOUL, May 12 (Yonhap) -- Samsung Fire & Marine Insurance Co. said Wednesday its first-quarter net profit more than doubled from a year earlier on cost savings and increased investment returns. ... 14:43 May. 12
#Moody's Investors Service
Moody's keeps 'Aa2' rating on S. Korea with stable outlook related article
By Kim Soo-yeon SEOUL, May 12 (Yonhap) -- Global credit appraiser Moody's Investors Service said Wednesday it has maintained its credit rating on South Korea at "Aa2," with a stable outlook. Moo... 10:00 May. 12
#bond market
S. Korea to tackle potential volatility in bond market: official
SEOUL, May 11 (Yonhap) -- South Korea plans to respond to potential volatility in the state bond market as global inflation concerns and other risk factors could spark instability in the debt marke... 16:47 May. 11
#tax revenue
(LEAD) S. Korea's tax revenue rises 19 tln won in Q1
(ATTN: UPDATES with more details in paras 3, 10) SEOUL, May 11 (Yonhap) -- South Korea's tax revenue increased 19 trillion won (US$17 billion) in the first quarter from a year earlier due largely t... 10:50 May. 11
#tax revenue
S. Korea's tax revenue rises 19 tln won in Q1
SEOUL, May 11 (Yonhap) -- South Korea's tax revenue increased 19 trillion won (US$17 billion) in the first quarter from a year earlier due largely to an increase in the collection of income and cor... 10:00 May. 11
#Korean economy
Brighter growth outlook for S. Korean economy expected this year related article
By Kim Soo-yeon SEOUL, May 10 (Yonhap) -- The South Korean economy is forecast to grow at a faster pace than earlier expected this year on the back of robust exports and improving domestic demand f... 14:45 May. 10
#bond sales
Bond issuance jumps in April
SEOUL, May 10 (Yonhap) -- Bond issuance in South Korea rose sharply in April from the previous month due mainly to a surge in corporate debt sales, data showed Monday. The value of bonds sold in... 14:02 May. 10
#Korean economy
S. Korean economy on modest recovery path despite spiking virus cases: KDI
SEOUL, May 10 (Yonhap) -- The South Korean economy is on a modest recovery track despite spiking coronavirus cases as the manufacturing sector has continued to improve on robust exports, a state-ru... 12:00 May. 10
#fiscal policy
S. Korea aims to underpin economic recovery during Moon's final year in office
SEOUL, May 7 (Yonhap) -- South Korea will implement expansionary fiscal policy to help cement an economic recovery and seek to prepare for the post-pandemic era during the final year of President M... 16:00 May. 07
#Treasury bills
S. Korea to sell 2 tln won of Treasury bills in May
SEOUL, May 7 (Yonhap) -- South Korea plans to sell 2 trillion won (US$1.8 billion) worth of Treasury bills this month to repay maturing debt, the finance ministry said Friday. The bills, which h... 15:00 May. 07
#debt risk premium
S. Korea's debt risk premium at lowest since global financial crisis
SEOUL, May 6 (Yonhap) -- The cost of insuring South Korea's sovereign debt against default fell to the lowest level this week since the 2008-09 global financial crisis as the country's economy is r... 14:01 May. 06
Shinhan Financial Group raises US$500 mln via debt sale
SEOUL, May 6 (Yonhap) -- Major South Korean financial holding firm Shinhan Financial Group Co. said Thursday it has raised US$500 million by selling U.S. dollar-denominated notes. The Additiona... 10:00 May. 06
#FX reserves
S. Korea's FX reserves hit fresh record high in April on weaker dollar related article
SEOUL, May 6 (Yonhap) -- South Korea's foreign reserves rose to a fresh record high in April as the U.S. dollar's weakness boosted the value of non-dollar assets, central bank data showed Thursday.... 06:00 May. 06
#Bank of Korea
BOK board members still support accommodative steps: minutes
SEOUL, May 4 (Yonhap) -- Members of the central bank's rate-setting board see growing inflationary pressure amid economic recovery but assess that it is too early to discuss normalizing accommodati... 16:48 May. 04