-
Finance minister urges financial firms to focus on risk this yearJan 3, 2020Finance Minister Hong Nam-ki on Friday called for banks and other financial firms to improve their risk management processes and channel more funds into the real economy. Hong made the remarks at a ... -
Demographic change will bring new, bigger challenges to financial sector: BOK chiefJan 3, 2020The head of South Korea's central bank on Friday called for efforts by the financial industry to prepare for the fourth industrial revolution, as well as imminent demographic changes that he said wil... -
BOK chief sees modest economic recovery in 2020Jan 2, 2020South Korea's economy is expected to experience a modest recovery this year, helped by the easing of trade tensions between the United States and China and rising global demand, the country's central... -
Hyundai Mobis to select outside director for shareholders' rightsJan 2, 2020Hyundai Mobis Co., South Korea's biggest auto parts maker and a key affiliate of Hyundai Motor Group, said Thursday it will select an outside director dedicated to enhancing shareholder value. Hyund... -
Credit card use at restaurants declines for first time in 7 yearsJan 1, 2020South Korea’s credit card spending in restaurants fell 0.3 percent on-year in September 2018, marking the first on-year decline in nearly seven years, data from the Bank of Korea showed Wednesday. T... -
Financial chiefs look toward new growth momentum in 2020Dec 31, 2019Gearing up for the new year, South Korea’s top financial officials steeled themselves to face persistent external challenges and to spark new momentum for growth. Given the current trend toward low ... -
Korea's consumer prices rise 0.7% in DecemberDec 31, 2019South Korea's consumer prices rose 0.7 percent on-year in December, marking the fastest growth in six months, the statistics agency said Tuesday. The country's inflation also gained 0.2 percent on-m... -
Fiscal chief expresses optimism on economic rebound in 2020Dec 30, 2019‘S. Korea sufficiently capable of attaining growth target of 2.4%’ -
S. Korea mobilizes extensive tax actions for economic momentum in 2020Dec 30, 2019In line with its all-out efforts to revitalize the economy by any means in the upcoming year, South Korea will introduce a set of new tax rules to reinforce sanctions for delinquent taxpayers and exp... -
Korea's industrial output gains 0.4% in NovemberDec 30, 2019South Korea's industrial output growth accelerated in November, supported by a modest gain in the service sector, data showed Monday. The November industrial output rose 0.4 percent from a year earl... -
S. Korea expands benefits for IP-backed financingDec 29, 2019KIPO cuts fees for IP financing banks and patent-seeking startups -
Housing rule violators to be forced to pay back mortgage loansDec 29, 2019FSC in progress to introduce strong-handed loan ban on loan expedients -
S. Korea picks 11 local, foreign banks for won-yuan FX trading in 2020Dec 29, 2019South Korea's finance ministry said Sunday it has selected 11 banks, including five foreign banks, as the lenders responsible for setting prices for direct won-yuan transactions next year. The banks... -
Korea's Dec. exports estimated to fall by slower pace: pollDec 29, 2019South Korea's exports are widely expected to extend its slump to a 13th month in December, but its declining pace may slow down, on the back of a rebound in global chip prices amid progress in a trad... -
Korea's inflation projected to grow 0.59% in Dec.: pollDec 29, 2019South Korea's consumer prices are again expected to fall short of the target this month, mainly due to a fall in prices of agricultural products, a poll showed Sunday. In a recent survey by Yonhap I...
MOST POPULAR
-
01Posco International discovers new gas field in Myanmar
-
[Newsmaker] News presenter Lim Hyun-ju reignites bra-free debate02
-
03S. Korea reports 1 more case of novel coronavirus, total now at 31
-
Season’s heaviest snow pounds Seoul04
-
05S. Korea reports 1 more case of novel coronavirus, total now at 30
-
Moon calls on government to focus on reducing economic impact of virus06
-
07New case with unknown transmission route puts Korea back on alert
-
“Crash Landing on You” ends with tvN’s highest ratings yet08
-
09[Newsmaker] Chinese students in Korea advised 14-day self-isolation
-
[The Heirs (1)] Succession at CJ slow but remains on track10