#IMF reserve assets
Finance
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#economic growth outlookAMRO ups 2021 growth outlook for S. Korean economy to 3.9 pct related article
SEOUL, Aug. 23 (Yonhap) -- The ASEAN-sponsored economic research agency on Monday raised its 2021 growth forecast for the South Korean economy to 3.9 percent, citing solid recovery in exports and f... 11:00 Aug. 23 -
#debt repaymentS. Korea to buy 2 tln won worth of gov't bonds to repay national debt
SEOUL, Aug. 20 (Yonhap) -- South Korea plans to buy a total of 2 trillion won (US$1.7 billion) in government bonds in late August in a bid to pay off part of its national debt, the finance ministry... 17:12 Aug. 20 -
#household debtNominee for financial regulator hints at tougher measures to curb household debt
SEOUL, Aug. 18 (Yonhap) -- South Korea plans to unveil additional measures to curb a sustained increase in household debt, if needed, by mobilizing all available policy means, the nominee for the f... 19:48 Aug. 18 -
#KakaoBankKakaoBank's Q2 net soars on accelerated loan growth
SEOUL, Aug. 17 (Yonhap) -- KakaoBank Corp., a major South Korean digital-only bank, said Tuesday its net profit more than doubled in the second quarter from a year earlier, reporting robust earnings... 16:09 Aug. 17 -
#finance minister(LEAD) Finance minister, FSC head in self-quarantine after employees contract COVID-19
(ATTN: RECASTS headline, lead; UPDATES with details of FSC chief's self-quarantine in para 5) SEJONG, Aug. 12 (Yonhap) -- Finance Minister Hong Nam-ki and Eun Sung-soo, head of the Financial Servic... 20:00 Aug. 12 -
#finance minister
Finance minister in self-quarantine after employee contracts delta variant
SEJONG, Aug. 12 (Yonhap) -- Finance Minister Hong Nam-ki went into self-quarantine Thursday after having come into contact with a ministry employee infected with the delta variant of the new corona... 19:21 Aug. 12 -
#Samsung Fire & Marine InsuranceSamsung Fire & Marine Insurance Q2 net gains 16 pct
SEOUL, Aug. 12 (Yonhap) -- Samsung Fire & Marine Insurance Co. said Thursday its earnings rose more than 16 percent in the second quarter of the year from a year earlier. Net income came to 312.... 10:25 Aug. 12 -
#economic recoveryFinance chief says Q3 will be critical period for economic recovery
SEOUL, Aug. 11 (Yonhap) -- Finance Minister Hong Nam-ki said Wednesday the third quarter will be a critical period in deciding whether the South Korean economy can achieve the 2021 growth target of... 15:45 Aug. 11 -
#banksBanks' H1 net jumps 59 pct on KDB's one-off gains
SEOUL, Aug. 11 (Yonhap) -- South Korean banks saw their first-half earnings jump 59 percent from a year earlier due largely to a one-off gain by state policy lender Korea Development Bank (KDB), da... 12:00 Aug. 11 -
#household loansBanks' household loans jump in July
SEOUL, Aug. 11 (Yonhap) -- South Korean banks' household loans jumped in July, fueled by demand for home-backed lending and overdrafts for stock investments, central bank data showed Wednesday. ... 12:00 Aug. 11 -
#bond salesBond issuance in S. Korea plunges in July
SEOUL, Aug. 10 (Yonhap) -- Bond issuance in South Korea fell sharply in July from the previous month despite continued foreign buying, data showed Tuesday. The value of bonds sold in Asia's four... 13:26 Aug. 10 -
#card spendingCard spending rises 7 pct in July despite pandemic
SEJONG, Aug. 9 (Yonhap) -- Payments made with cards in South Korea expanded 7 percent in July from a year earlier despite a resurgence of coronavirus infections, a report showed Monday. Spendin... 08:28 Aug. 09 -
#South Korean economyS. Korean economy faces heightened uncertainty amid 4th wave of pandemic: KDI
SEOUL, Aug. 8 (Yonhap) -- The South Korean economy is facing heightened uncertainty as the recovery of domestic demand is likely to slow amid a recent spike in COVID-19 cases, a state-run think tan... 12:00 Aug. 08 -
#current account(2nd LD) S. Korea logs current account surplus for 14th month in June on robust exports
(ATTN: UPDATES with BOK official's briefing in paras 5-7) By Kim Soo-yeon SEOUL, Aug. 6 (Yonhap) -- South Korea posted a current account surplus for the 14th straight month in June as exports remai... 10:18 Aug. 06 -
#current account
(LEAD) S. Korea logs current account surplus for 14th month in June on robust exports
(ATTN: UPDATES with more details in paras 4, 8-12; ADDS photo) By Kim Soo-yeon SEOUL, Aug. 6 (Yonhap) -- South Korea posted a current account surplus for the 14th straight month in June as exports r... 08:17 Aug. 06 -
#current account
S. Korea logs current account surplus for 14th month in June on robust exports
By Kim Soo-yeon SEOUL, Aug. 6 (Yonhap) -- South Korea posted a current account surplus for the 14th straight month in June as exports remained solid amid the global economic recovery, the central b... 08:00 Aug. 06 -
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(EDITORIAL from Korea Times on Aug. 6)
Imminent rate hike :Measures needed to ease debt burden The Bank of Korea (BOK) is likely to raise its key interest rate soon as the economy is on a robust recovery track. BOK Governor Lee Ju-yeo... 07:02 Aug. 06 -
#headlines
Top headlines in major S. Korean newspapers
SEOUL, Aug. 6 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Aug. 6. Korean-language dailies -- Song Doo-hwan tapped as National Human Rights Commission chief... 07:01 Aug. 06
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(LEAD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(3rd LD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(2nd LD) New cases fall below 2,000 amid concerns about spike in outbreaks after Chuseok holiday
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(URGENT) 1,420 more patients released from coronavirus treatment, total now at 257,449: KDCA
News Focus
Market
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S. Korean companies go big on future of hydrogen
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Theaters abuzz with return to pre-pandemic level
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Kakao, Naver in neck-and-neck race for 3rd most valuable firm in S. Korea
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(News Focus) Housing policy at risk of further losing credibility, public support
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Short selling revisited on retail investors' increased sway
