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S. Korea's consumer goods imports from Japan fall 37% in AprilEconomyMay 24, 2020South Korea's imports of consumer goods from Japan plunged 37 percent in April from a year earlier due to Japan's export curbs and the new coronavirus impact on consumer spending, government data sho... -
KEB Hana, Woori appeal regulator's penalty decisionMoneyMay 22, 2020KEB Hana Bank and Woori Bank said Friday they have appealed the levying of penalties by state financial authorities on the lenders' improper sale of derivatives-linked products. The two lenders have... -
S. Korea’s 2020 economic growth to depend on Q2 output: vice finance ministerEconomyMay 22, 2020As South Korea is likely to face a severe economic shock in the second quarter under the novel coronavirus pandemic, the quarterly performance will determine the nation’s growth for the entire year, ... -
Seoul stocks snap 5-day winning streak on US-Sino disputeMarketsMay 22, 2020South Korean stocks closed lower Friday, ending a winning streak of five consecutive sessions on an escalating dispute between the United States and China that may further undermine the country's exp... -
S. Korea readies for upcoming ADB annual meeting, chairs online pre-sessionEconomyMay 22, 2020Preparing for the Asian Development Bank’s annual meeting to be held in Songdo in September, South Korea’s government on Friday chaired a pre-session to handle key agendas in advance. During the 30-... -
Financial circles should secure loss-absorbency capacity amid COVID-19: FSS chiefMarketsMay 22, 2020The chief of South Korea’s financial watchdog urged financial circles to be wary of business expansion and to secure capital reserves, assuming that the COVID-19 pandemic will drag on. “The financia... -
OLED TV market may post relatively small growth this year: reportEconomyMay 22, 2020The global OLED TV market, led by South Korea's LG Electronics Inc., is expected to post relatively small growth this year, compared with the QLED TV sector, following a disruption in panel supply ca... -
Consumption, small merchants' revenues rise as people use emergency handoutsEconomyMay 22, 2020South Korea's provision of emergency relief funds began to boost private consumption, raising revenues of small merchants hit hard by the new coronavirus pandemic in the first week of the payout, dat... -
Seoul stocks open lower on fears of US-China disputeMarketsMay 22, 2020South Korean stocks opened slightly lower Friday, apparently tracking overnight losses on Wall Street related to a brewing dispute between the United States and China. The benchmark Korea Composite ... -
S. Korea's Q1 exports of new-industry goods soar despite virusEconomyMay 22, 2020South Korea's first-quarter exports of eight new-industry goods jumped despite a drop in overall exports due to the new coronavirus pandemic, data showed Friday. Overseas shipments of those products... -
Kospi rises close to 2,000 points on coronavirus vaccine newsMarketsMay 21, 2020South Korean stocks opened higher Thursday on encouraging news about another COVID-19 candidate vaccine in the US. Extending gains for the fifth consecutive day, the nation’s main bourse Kospi cross... -
W550b Young City prime office deal closesMoneyMay 21, 2020A consortium composed of D&D Investment and NH Investment & Securities has completed its acquisition of Young City office complex from UK-based investment house Actis for 550 billion won ($447.2 mill... -
Seoul stocks extend winning streak to 5th sessionMarketsMay 21, 2020South Korean stocks closed higher Thursday to extend their winning streak to a fifth session, the longest period of this year, on growing hope over the resumption of global business activities. The l... -
![[Market Close-up] Doosan Bobcat under credit pressure on US unit’s $300m leveraging plan](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/05/21/20200521000545_0.jpg)
[Market Close-up] Doosan Bobcat under credit pressure on US unit’s $300m leveraging planMoneyMay 21, 2020South Korea’s construction equipment maker Doosan Bobcat is under credit pressure as its US subsidiary Clark Equipment is looking to leverage $300 million via five-year senior secured notes in May, f... -
Eximbank issues AU$700m Kangaroo bondsMoneyMay 21, 2020The state-run Export-Import Bank of Korea said Thursday it has issued a three-year Australian dollar-denominated bonds worth AU$700 million ($460 million) to investors. Following the deal, Eximbank ...
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