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Biz outlook for refiners, chipmakers bright this year: pollJan 17, 2021A majority of South Korean manufacturing companies expect their business conditions to stay in positive terrain this year, led by a recovery in the refining, chipmaking and bio sectors amid the virus... -
BOK chief says stock markets rise at 'very fast clip'Jan 15, 2021Bank of Korea Gov. Lee Ju-yeol on Friday expressed concerns about the stock market’s recent rally, warning retail investors that their debt-backed equity buying spree could lead to big losses. The c... -
Economic uncertainty continues amid flare-up in COVID-19: finance ministryJan 15, 2021The South Korean economy faces persistent uncertainty as a resurgence in new coronavirus cases and stricter virus curbs are hampering domestic demand, the finance ministry said Friday. Domestic dema... -
BOK keeps key rate at record low as pandemic persistsJan 15, 2021South Korea's central bank on Friday held its policy rate unchanged at a record low of 0.5 percent, as the fallout from a third wave of the new coronavirus hurt the scope of maintaining an economic r... -
S. Korea puts priority on increasing home supply to ease housing crunchJan 15, 2021South Korea will put priority on increasing housing supply by lowering construction regulations in the densely populated urban area and supporting redevelopment projects to stabilize the housing mark... -
![[News Focus] Nonregular jobs growth fastest in Moon strongholds](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2021/01/14/20210114000001_0.jpg)
[News Focus] Nonregular jobs growth fastest in Moon strongholdsJan 14, 2021Busan, Ulsan, S. Gyeongsang, Gwangju rank top 4 -
Banks' household loans grow by most in 2020Jan 14, 2021South Korean banks' household loans increased by the most last year, fueled by demand for home-backed lending and overdrafts for stock and property investments, central bank data showed Thursday. Ou... -
Banks' loan delinquency rate remains unchanged in Nov.Jan 14, 2021The delinquency rate for South Korean banks' won-denominated loans remained flat in November from the previous month, the financial regulator said Thursday. The rate for bank loans more than 30 days... -
Bond, CD issuance in S. Korea surges 16% in 2020Jan 14, 2021Sales of bonds and certificates of deposits (CDs) in South Korea swelled more than 16 percent in 2020 from a year earlier, data showed Thursday. The value of those debt instruments issued last year ... -
S. Korea's export prices down for 5th straight month in DecemberJan 14, 2021South Korea's export prices fell for the fifth consecutive month in December last year as the local currency continued to strengthen against the US dollar, central bank data showed Thursday. The cou... -
South Korean job losses hit 22-year high amid pandemicJan 13, 2021South Korea’s economy last year suffered its worst year for job losses in 22 years, as companies of all sizes struggled to keep employees in the face of the prolonged pandemic, data showed Wednesday.... -
S. Korea to sell W8tr of Treasury bills through Feb.Jan 13, 2021South Korea plans to sell a total of 8 trillion won ($7.3 billion) worth of Treasury bills in the first two months of the year to fund its expansionary fiscal policy, the finance ministry said Wednes... -
S. Korea to inject W30tr into green energy exportsJan 13, 2021Seeking to boost a green-led economic recovery in the post-pandemic era, South Korea’s government vowed Wednesday to spend 30 trillion won ($27.39 billion) to support local exports of renewable energ... -
Value of newly listed bonds soars 24% in 2020Jan 13, 2021The value of listed bonds in South Korea jumped nearly 24 percent on-year to a new record high in 2020 due to a spike in government debt sale to tackle the coronavirus impact, data showed Wednesday. ... -
Demographic shifts urge Korean insurers to adapt: Moody’sJan 13, 2021The looming demographic shifts in South Korea are forcing domestic insurers to turn to new growth drivers, as the companies are likely to face flagging sales of their mainstream products and underwri...
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