Finance

Finance

#consumer prices
(LEAD) Consumer prices grow at less than 1 pct for 4th month in Jan.
(ATTN: UPDATES with more details from para 9; ADDS photo) By Kim Soo-yeon SEOUL, Feb. 2 (Yonhap) -- South Korea's consumer prices grew by less than 1 percent for the fourth straight month in January... 08:31 Feb. 02
#consumer prices
Consumer prices growth at less than 1 pct for 4th month in Jan.
SEOUL, Feb. 2 (Yonhap) -- South Korea's consumer prices grew by less than 1 percent for the fourth straight month in January, data showed Tuesday, indicating that the country's inflationary pressur... 08:00 Feb. 02
#consumer prices
(URGENT) S. Korea's consumer prices rise 0.6 pct on-year in Jan.
08:00 Feb. 02
#Suhyup Bank
Suhyup Bank's pre-tax earnings dip 18 pct on coronavirus impact
SEOUL, Feb. 1 (Yonhap) -- Suhyup Bank, the credit and banking division of South Korea's fisheries cooperative, said Monday its earnings tumbled more than 18 percent in 2020 due to the impact of the ... 15:21 Feb. 01
#relief fund
Ruling party reviewing 4th round of COVID-19 relief fund related article
SEOUL, Jan. 29 (Yonhap) -- The ruling Democratic Party (DP) has been discussing measures to provide a new round of a COVID-19 relief fund as stringent social distancing rules continue to weigh on s... 12:04 Jan. 29
#Samsung Card
(LEAD) Samsung Card 2020 net soars 16 pct despite pandemic
(ATTN: RECASTS headline, throughout) SEOUL, Jan. 29 (Yonhap) -- Major South Korean credit card issuer Samsung Card Co. said Friday its net profit jumped nearly 16 percent in 2020 from a year earlie... 10:06 Jan. 29
#industrial output
(2nd LD) Industrial output, consumption grow in Dec. amid pandemic related article
(ATTN: UPDATES with more info, background in paras 8, 9, 11) By Kim Soo-yeon SEOUL, Jan. 29 (Yonhap) -- South Korea's industrial output, consumption and investment increased on-month in December, d... 09:54 Jan. 29
#industrial output
(LEAD) Industrial output, consumption grow in Dec. amid pandemic related article
(ATTN: UPDATES with more details throughout; ADDS photo) By Kim Soo-yeon SEOUL, Jan. 29 (Yonhap) -- South Korea's industrial output, consumption and investment increased on-month in December, data ... 08:38 Jan. 29
#industrial output
Industrial output, consumption grow in Dec. amid pandemic related article
SEOUL, Jan. 29 (Yonhap) -- South Korea's industrial output, consumption and investment increased on-month in December, data showed Friday, in the latest sign that the country's economy is on a reco... 08:12 Jan. 29
#industrial output
(URGENT) Industrial output rises 0.5 pct on-month in Dec., falls 0.8 pct in 2020
08:00 Jan. 29
#Treasurys
S. Korea to sell 13.9 tln won worth of Treasurys in Feb.
SEOUL, Jan. 28 (Yonhap) -- South Korea plans to sell 13.9 trillion won (US$12.4 billion) in state bonds next month, the finance ministry said Thursday. The ministry will issue 700 billion won in... 17:00 Jan. 28
#FX turnover
S. Korea's daily FX turnover dips 5 pct last year amid won's gain
SEOUL, Jan. 28 (Yonhap) -- The daily foreign exchange (FX) trading by banks in South Korea fell 5.3 percent on-year in 2020 as the local currency rose against the U.S. dollar, central bank data sho... 13:54 Jan. 28
#central bank
BOK to end special lending program in Feb. as markets stabilize
SEOUL, Jan. 28 (Yonhap) -- The Bank of Korea (BOK) said Thursday it will end a special loan scheme for local banks, brokerages and insurers next month as financial markets have stabilized from the ... 13:53 Jan. 28
#IMF
(LEAD) S. Korea has stimulus room for pandemic-hit economy: IMF related article
(ATTN: REWRITES headline; UPDATES with more info throughout) By Kim Soo-yeon SEOUL, Jan. 28 (Yonhap) -- The International Monetary Fund (IMF) recommended Thursday that South Korea further carry out... 11:38 Jan. 28
#IMF
S. Korea needs additional stimulus dose for quick recovery amid pandemic: IMF related article
SEOUL, Jan. 28 (Yonhap) -- The International Monetary Fund (IMF) recommended Thursday that South Korea further carry out accommodative fiscal and monetary policies in a bid to accelerate its econom... 09:00 Jan. 28
#watchdog
Watchdog advises banks to cut dividends amid coronavirus impact
SEOUL, Jan. 28 (Yonhap) -- South Korea's financial watchdog said Thursday it has decided to advise local banks to reduce dividends this year to help them better cope with the impact of the coronavi... 08:41 Jan. 28
#IMF
Selective support to pandemic-hit sectors is desirable: IMF
SEOUL, Jan. 27 (Yonhap) -- The International Monetary Fund (IMF) said Wednesday that it would be desirable for South Korea to selectively provide assistance to sectors and people hit hard by the pa... 16:31 Jan. 27
#pension fund
State pension fund earns big from equity investments in 2020
SEOUL, Jan. 27 (Yonhap) -- South Korea's national pension fund earned nearly 58 trillion won (US$52.6 billion) from stock investments in 2020 thanks to the bullish stock market, data showed Wednesd... 09:02 Jan. 27
#IMF
IMF revises up S. Korea's 2021 economic growth outlook amid pandemic
SEOUL, Jan. 26 (Yonhap) -- The International Monetary Fund (IMF) on Tuesday revised up its growth outlook for South Korea this year as Asia's fourth-largest economy is faring relatively well amid t... 22:00 Jan. 26
#state coffer
Finance ministry faces tough calls over further spending amid pandemic
By Kim Soo-yeon SEOUL, Jan. 22 (Yonhap) -- South Korea's finance ministry has increasingly found itself in hot water over growing calls to dig deeper into state coffers in response to the pandemic-... 16:30 Jan. 22