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FINANCE

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LATEST NEWS
  • [Elizabeth Drew] Why would anyone want to be president?
  • [Peter Singer] Extending the right to die
  • [Editorial] Self-inflicted disgrace
  • Official: Chinese vaccines' effectiveness low
  • Thailand hits new daily record with nearly 1,000 virus cases
  • Mideast 'early inoculators' to recover by 2022: IMF
  • SK Innovation reaches W2tr settlement in battery row with LG Energy Solutio...
  • Cheong Wa Dae denies report US requested S. Korea join Quad
  • Samsung invited to White House meeting on chip shortage
  • N. Korea may be modifying submersible missile test barge: 38 North
  •  
  • Cargo volume at seaports down 2.3% in Feb.

    Cargo volume at seaports down 2.3% in Feb.

    The volume of cargo processed at South Korea's seaports declined 2.3 percent in February from a year earlier, data showed Sunday, amid economic jitters caused by the new coronavirus pandemic. Local ...

    Mar 21, 2021

  • Seoul stock market to suffer volatility next week on reverberating rate hike woes

    Seoul stock market to suffer volatility next week on reverberating rate hike woes

    South Korean stocks are likely to suffer an extended choppy trading next week as concerns about the rising US Treasury yields are expected to be eclipsed by simmering hopes for quicker-than-expected ...

    Mar 20, 2021

  • Vice finance minister says global oil prices to see limited rise

    Vice finance minister says global oil prices to see limited rise

    It is unlikely that global oil prices will rise further, South Korea’s first vice minister of finance said Friday, citing the supply capacity of major oil producers as well as the recent surge in US ...

    Mar 19, 2021

  • S. Korea, IDB agree to expand loan program for Latin America

    S. Korea, IDB agree to expand loan program for Latin America

    South Korea said Friday it has agreed to expand a joint loan facility program with the Inter-American Development Bank (IDB) in a bid to support infrastructure development in Latin America. The fina...

    Mar 19, 2021

  • Domestic demand suffers extended slumps amid pandemic: finance ministry

    Domestic demand suffers extended slumps amid pandemic: finance ministry

    The South Korean economy is on a recovery track on robust exports and investment, but domestic demand remains sluggish amid the pandemic, the finance ministry said Friday. But the government did not...

    Mar 19, 2021

  • S. Korea sees limited chance of sharp rise in oil prices

    S. Korea sees limited chance of sharp rise in oil prices

    Oil prices are not likely to sharply rise down the road, given oil producing nations' output capacity and rising US bond yields, a senior government official said Friday. First Vice Finance Minister...

    Mar 19, 2021

  • S. Korea's economy expected to grow 3.2% in 2021: AMRO

    S. Korea's economy expected to grow 3.2% in 2021: AMRO

    South Korea's economy is expected to grow 3.2 percent this year as the start of vaccinations raised hopes of a solid economic recovery from the COVID-19 pandemic, a regional macroeconomic research ag...

    Mar 18, 2021

  • Panel proposes legislation to better handle spent nuke fuel

    Panel proposes legislation to better handle spent nuke fuel

    An independent committee proposed on Thursday that legislation is needed to better handle and manage spent nuclear fuel as the issue has been a source of controversy over safety. The body under the ...

    Mar 18, 2021

  • Banks' bad loans edge down in 2020

    Banks' bad loans edge down in 2020

    Nonperforming loans at South Korean banks inched down last year, due to a slight decline in overdue corporate loans, data showed Thursday. The ratio of bad loans to total lending came to 0.64 percen...

    Mar 18, 2021

  • S. Korea's money supply grows in January

    S. Korea's money supply grows in January

    South Korea's money supply continued to grow in January, as loans to households and firms increased amid the coronavirus pandemic, central bank data showed Thursday. The country's M2 stood at 3,233....

    Mar 18, 2021

  • S. Korea to closely monitor market volatility after FOMC meeting

    S. Korea to closely monitor market volatility after FOMC meeting

    South Korea's finance ministry on Thursday said it will closely monitor market volatility, although the US Federal Reserve has hinted at no rate rise in 2023. Vice Finance Minister Kim Yong-beom sai...

    Mar 18, 2021

  • Coal plants' fine dust emissions down 22% during winter on operation curb

    Coal plants' fine dust emissions down 22% during winter on operation curb

    South Korea's emissions of fine dust from coal power plants moved down 22 percent on-year during the winter season, data showed Thursday, as the country reduced their operations in sync with its effo...

    Mar 18, 2021

  • Finance minister confident of job recovery on falling figures

    Finance minister confident of job recovery on falling figures

    Hong vows to root out speculative investment by public officials

    Mar 17, 2021

  • Fiscal chiefs of S. Korea, US agree on continuing expansionary measures

    Fiscal chiefs of S. Korea, US agree on continuing expansionary measures

    Finance ministers of South Korea and the US have shared their views on efforts to continue expansionary fiscal policies in reviving virus-battered local economies and supporting underprivileged group...

    Mar 17, 2021

  • Post-pandemic economic recovery depends on progress of vaccinations: BOK chief

    Post-pandemic economic recovery depends on progress of vaccinations: BOK chief

    South Korea's post-pandemic economic recovery depends on the successful rollout of COVID-19 vaccines, and economic growth is likely to be sluggish before herd immunity is achieved, the head of the Ba...

    Mar 17, 2021

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