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Number of registered vehicles gains 2.9% in 2020EconomyJan 20, 2021The number of registered vehicles in South Korea grew nearly 3 percent in 2020 from a year earlier, with that of green cars exceeding the 800,000 mark, government data showed Wednesday. The total nu... -
Seoul stocks open higher on tech, auto gainsMarketsJan 20, 2021South Korean stocks opened higher Wednesday as auto and tech stocks continued to rebound. The benchmark Korea Composite Stock Price Index rose 33.11 points, or 1.07 percent, to 3,125.77 in the first... -
S. Korea wins top ESG rating by Moody’sMarketsJan 19, 2021South Korea received a top rating in an environment, social and governance assessment conducted by US credit rating agency Moody’s Investors Service, according to the Ministry of Economy and Finance ... -
Ruane, Cunniff & Goldfarb unloads stake in Shinyoung SecuritiesMoneyJan 19, 2021US-based investment adviser Ruane, Cunniff & Goldfarb has unloaded a 5.5 percent stake in Korea‘s brokerage house Shinyoung Securities, a regulatory filing showed Tuesday. The New York-based firm’s ... -
Dunamu introduces digital asset fear-greed indexMarketsJan 19, 2021Dunamu, a South Korean blockchain and fintech company, said Tuesday that it has developed an indicator that measures volatility of digital asset market to help investors make decisions. The digital ... -
Seoul stocks rebound over 2% on auto gainsMarketsJan 19, 2021South Korean stocks jumped more than 2 percent Tuesday on stellar advances by auto-related shares, backed by expectations of improved earnings. The Korean won rose against the US dollar. The benchma... -
Korean lenders to muster up $3b for SK hynix’s global investmentMoneyJan 19, 2021A group of South Korean lenders pledged on Tuesday to earmark a combined $3 billion over the next five years to spur global investment into local semiconductor maker SK hynix as part of the nation’s ... -
Ministry vows to compensate for any vaccine side effectsEconomyJan 19, 2021W130b to be spent on homegrown vaccines, treatments -
Naver’s big data to be used for customs clearanceEconomyJan 19, 2021South Korea’s customs agency will use Naver’s big data for efficient customs clearance of direct purchases from foreign countries, officials said Tuesday. The Korea Customs Service and Naver signed ... -
Surging US Treasury yields to affect global FX market: vice ministerEconomyJan 19, 2021The rising US Treasury yields has become a “key variable in the global foreign exchange market,” South Korea’s vice finance minister said Tuesday, nodding towards a stronger dollar trend that has rat... -
![[News Focus] Household debt up W516tr since 2015](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/01/19/20210119000001_0.jpg)
[News Focus] Household debt up W516tr since 2015EconomyJan 19, 2021The total also posted an 18.5 percent climb during the term of the Moon Jae-in administration roughly, as the figure for September 2017 stayed at 1,419.1 trillion won. President Moon took office in M... -
SMEs' exports edge down in 2020 despite pandemicEconomyJan 19, 2021South Korea's small and medium enterprises (SMEs) saw their exports inch down in 2020 from a year earlier despite the coronavirus pandemic, government data showed Tuesday. SMEs' overseas shipments t... -
Regulator plans to review 40-year mortgages for young adultsEconomyJan 19, 2021Financial authorities plan to review mortgage loans with a maximum term of 40 years to help young people buy their first homes, officials said Tuesday. Financial Services Commission (FSC) Chairman E... -
S. Korea vows to speed up trade talks with Central, South America in 2021EconomyJan 19, 2021South Korea's trade ministry vowed Tuesday to make more progress in expanding trade pacts with counterparts from Central and South America this year, in line with its efforts to diversify its export ... -
S. Korea to monitor market volatility amid widening bond yield spreadsMarketsJan 19, 2021South Korea will closely monitor a potential increase in volatility of the financial markets as the yield spread between short and long-term state bonds is increasing, the vice finance minister said ...
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