Finance

Finance

#holding companies
No. of holding companies down in Q4
SEOUL, June 10 (Yonhap) -- The number of holding companies in South Korea declined in the fourth quarter despite the government's efforts to encourage firms to have a more transparent governance st... 12:00 Jun. 10
#bond sales
Bond issuance in S. Korea falls 11.5 pct in May
SEOUL, June 10 (Yonhap) -- Bond issuance in South Korea shrank 11.5 percent in May from the previous month amid strong foreign buying, data showed Thursday. The value of bonds sold in Asia's fou... 10:44 Jun. 10
#Hana bank
Hana Bank issues US$600 mln in ESG bonds
SEOUL, June 10 (Yonhap) -- Major South Korean lender Hana Bank said Thursday it has floated US$600 million worth of environment, social and governance (ESG) bonds to help support vulnerable and eco... 10:20 Jun. 10
#asset managers
Asset managers' Q1 net up 53 pct on decreased costs
SEOUL, June 8 (Yonhap) -- The combined net profit of asset management firms in South Korea jumped 52.6 percent in the first quarter from three months earlier on decreased costs, data showed Tuesday... 06:00 Jun. 08
#extra budget
(2nd LD) S. Korea considers another extra budget without debt sale: finance minister
(ATTN: ADDS market reaction in paras 14,last para) By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another extra budget wit... 16:27 Jun. 04
#extra budget
(LEAD) S. Korea considers another extra budget without debt sale: finance minister
(ATTN: UPDATES with more details in paras 4,8,9,12-16: ADDS photo) By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another ... 10:46 Jun. 04
#extra budget
S. Korea considers another extra budget without debt sale: finance minister
By Kim Soo-yeon SEOUL, June 4 (Yonhap) -- South Korea's chief economic policymaker said Friday the government is reviewing another extra budget with larger tax revenue in a bid to help support vuln... 10:27 Jun. 04
#budget request
State agencies request 6.3 pct hike in 2022 budget
SEOUL, June 3 (Yonhap) -- South Korea's government ministries and state agencies have requested a 6.3 percent hike in their budgets for next year as they seek to cope with post-pandemic economic re... 10:00 Jun. 03
#corporate loans
Corporate loan growth accelerates in Q1 amid pandemic
SEOUL, June 2 (Yonhap) -- Loans extended to companies in South Korea grew by the largest amount in three quarters in the first quarter of the year as loan demand by the service sector increased ami... 12:00 Jun. 02
#bad loans
Banks' bad loan ratio hits record low in Q1
SEOUL, June 2 (Yonhap) -- The nonperforming loan ratio at South Korean banks declined to a record low in the first quarter due to a drop in overdue corporate loans, data showed Wednesday. The ra... 12:00 Jun. 02
#OECD
OECD ups 2021 growth outlook for S. Korean economy to 3.8 pct related article
By Kim Soo-yeon SEOUL, May 31 (Yonhap) -- The Organization for Economic Cooperation and Development (OECD) on Monday raised its 2021 growth outlook for the South Korean economy, citing the country'... 17:00 May. 31
#industrial output
(2nd LD) Industrial output falls by most in 11 months in April
(ATTN: UPDATES with more details in paras 8,14,17) By Kim Soo-yeon SEOUL, May 31 (Yonhap) -- South Korea's industrial output declined the most in 11 months in April as production in the chipmaking ... 09:55 May. 31
#industrial output
(LEAD) Industrial output falls by most in 11 months in April
(ATTN: UPDATES with more details from paras 2, 7-20; ADDS photo) By Kim Soo-yeon SEOUL, May 31 (Yonhap) -- South Korea's industrial output declined the most in 11 months in April as production in t... 09:05 May. 31
#industrial output
Industrial output falls by most in 11 months in April
By Kim Soo-yeon SEOUL, May 31 (Yonhap) -- South Korea's industrial output declined the most in 11 months in April as production in the chipmaking industry slumped due largely to a higher base effec... 08:32 May. 31
#industrial output
(URGENT) Industrial output dips 1.1 pct on-month in April, sharpest decline in 11 months: statistics agency
08:00 May. 31
#NPS
State pension fund to stop investing in new coal projects
SEOUL, May 28 (Yonhap) -- South Korea's state pension fund said Friday it will stop funding new coal power projects at home and abroad to join the global transition from fossil fuels and pursue a r... 19:47 May. 28
#extra budget
S. Korea to decide on another extra budget after gauging tax revenue, public financing need
SEOUL, May 28 (Yonhap) -- South Korea plans to take into account tax revenue situations and demand for increasing public finances before it decides on whether to draw up another extra budget in the ... 15:04 May. 28
#Treasury bills
S. Korea to sell 4 tln won of Treasury bills in June
SEOUL, May 28 (Yonhap) -- South Korea plans to sell 4 trillion won (US$3.6 billion) worth of Treasury bills next month to repay maturing debt, the finance ministry said Friday. The bills, which ... 15:00 May. 28
#Treasurys
S. Korea to sell 14.5 tln won worth of Treasurys in June
SEOUL, May 27 (Yonhap) -- South Korea plans to sell 14.5 trillion won (US$13.8 billion) in government bonds next month, the finance ministry said Thursday. The ministry will issue 1.2 trillion w... 17:00 May. 27
#corporate financing
Corporate direct financing up 2 pct in April
SEOUL, May 25 (Yonhap) -- South Korea's corporate direct financing inched up 2 percent in April from the previous month due largely to a rise in bond sales, data showed Tuesday. Local companies ... 06:00 May. 25