Finance

Finance

#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
#industrial output
Industrial output index hits record high in Q1 amid economic recovery
SEOUL, May 3 (Yonhap) -- South Korea's industrial output index hit a record high in the first quarter as Asia's fourth-largest economy is recovering from pandemic-driven slumps, supported by robust... 09:17 May. 03
#consumer prices
April's inflation growth estimated above 2 pct: poll
SEOUL, May 1 (Yonhap) -- South Korea's consumer prices are estimated to have grown more than 2 percent in April due to a lower base effect and rising prices of farm and oil products, according to a... 11:00 May. 01
#industrial output
(LEAD) Industrial output grows for 2nd month in March amid recovery hopes
(ATTN: UPDATES with more details from para 4; ADDS photo) By Kim Soo-yeon SEOUL, April 30 (Yonhap) -- South Korea's industrial output grew for the second straight month in March, data showed Friday... 08:29 Apr. 30
#industrial output
Industrial output grows for 2nd month in March amid recovery hopes
By Kim Soo-yeon SEOUL, April 30 (Yonhap) -- South Korea's industrial output grew for the second straight month in March, data showed Friday, in the latest sign that Asia's fourth-largest economy is... 08:07 Apr. 30
#industrial output
(URGENT) Industrial output grows 0.8 pct on-month in March: statics agency
08:00 Apr. 30
#Treasurys-May sales
S. Korea to sell 14.5 tln won worth of Treasurys in May
SEOUL, April 29 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$13 billion) in state bonds next month, the finance ministry said Thursday. The ministry will issue 1.2 trillion won in... 17:04 Apr. 29
#sovereign rating
(LEAD) S&P keeps 'AA' rating on S. Korea with stable outlook related article
(ATTN: UPDATES with more details from para 2) By Kim Soo-yeon SEOUL, April 28 (Yonhap) -- Global credit appraiser Standard & Poor's Global Ratings (S&P) said Wednesday it has maintained its credit ... 17:14 Apr. 28
#sovereign rating
S&P keeps 'AA' rating on S. Korea with stable outlook related article
SEOUL, April 28 (Yonhap) -- Global credit appraiser Standard & Poor's Global Ratings (S&P) said Wednesday it has maintained its credit rating on South Korea at "AA," with a stable outlook. S&P h... 16:47 Apr. 28
#ADB
ADB ups its 2021 growth outlook for S. Korean economy to 3.5 pct
By Kim Soo-yeon SEOUL, April 28 (Yonhap) -- The Asian Development Bank (ADB) on Wednesday revised up its growth outlook for the South Korean economy this year, citing robust exports of chips and th... 08:00 Apr. 28
#cryptocurrency
(LEAD) S. Korea to press ahead with taxation on cryptocurrencies as planned: minister
(ATTN: CORRECTS info in para 4) SEOUL, April 27 (Yonhap) -- South Korea will levy taxes on capital gains from cryptocurrencies next year as scheduled despite growing calls by investors to postpone ... 19:02 Apr. 27
#cryptocurrency
S. Korea to press ahead with taxation on cryptocurrencies as planned: minister
SEOUL, April 27 (Yonhap) -- South Korea will levy taxes on capital gains from cryptocurrencies next year as scheduled despite growing calls by investors to postpone the taxation, the finance ministe... 16:12 Apr. 27
#securities market
Daily turnover of securities market jumps 18.5 pct in Q1
SEOUL, April 22 (Yonhap) -- The daily turnover of South Korea's securities market soared more than 18 percent in the first quarter amid a stock market rally, data showed Thursday. According to t... 10:58 Apr. 22
S. Korea to keep tabs on possible global financial instability: senior official
SEOUL, April 20 (Yonhap) -- South Korea will keep close tabs on the impact of possible greater global financial volatility on the country's economy and private-sector debt, a senior finance ministr... 09:15 Apr. 20
#cryptocurrency
S. Korea to crack down on cryptocurrency-related illegalities
SEOUL, April 19 (Yonhap) -- South Korea said Monday it plans to crack down on any illegality involving cryptocurrencies, such as money laundering, until June amid skyrocketing prices of virtual mon... 13:57 Apr. 19
ELS sales in S. Korea sink 32 pct in Q1 amid pandemic
SEOUL, April 19 (Yonhap) -- Sales of equity-linked securities (ELS) in South Korea plunged more than 30 percent in the first quarter of the year amid the coronavirus pandemic, data showed Monday. ... 13:37 Apr. 19
#FX deposits
Residents' FX deposits rise for 2nd month in March amid brisk exports
SEOUL, April 19 (Yonhap) -- Foreign currency deposits at banks in South Korea rose for the second straight month in March as exporters increased dollar holdings amid robust overseas shipments, cent... 12:00 Apr. 19