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Finance ministry again urges National Assembly to swiftly approve 3rd extra budgetJun 23, 2020SEJONG -- Vice Finance Minister An Il-whan on Tuesday urged the National Assembly to swiftly approve the third extra budget to help revive the virus-hit economy, saying the budget is desperately need... -
East Asian nations strengthen emergency liquidity programJun 23, 2020SEJONG -- South Korea, China, Japan and 10 Southeast Asian nations strengthened their emergency liquidity program to better cope with possible financial crises, Seoul's finance ministry said Tuesday.... -
Financial institutions' social contributions hit record high of over W1tr in 2019Jun 23, 2020Banks and other financial institutions' social contributions hit a record high in 2019, industry data showed Tuesday. The data released by the Korea Federation of Banks showed 22 financial instituti... -
Govt. to resume sale process of Woori Financial in H2Jun 22, 2020The South Korean government said Tuesday it will seek to sell its 17.25-percent stake in Woori Financial Holdings Co. in the second half of this year, depending on financial market conditions. Last ... -
S. Korea, Singapore begin talks on digital trade dealJun 22, 2020South Korea and Singapore on Monday kicked off negotiations toward a digital trade deal, Seoul's trade ministry said. South Korean Trade Minister Yoo Myung-hee and her Singaporean counterpart, Chan ... -
Illegal meat imports down amid stepped-up screeningJun 22, 2020South Korea's drug safety agency said Monday that illegal meat imports have fallen off sharply since October last year on the back of stepped-up screening efforts to stem the inflow of African swine ... -
Firms' debt dependency surges in Q1 amid coronavirus-triggered slumpJun 22, 2020South Korean businesses struggled to stay afloat amid new coronavirus-caused slump in the first quarter, either by borrowing more money or selling their assets to secure much-needed liquidity, a repo... -
Korea's exports dip 7.5% in first 20 days of JuneJun 22, 2020SEJONG -- South Korea's exports fell 7.5 percent on year in the first 20 days of June amid the fallout from the coronavirus pandemic, customs data showed Monday. The nation's outbound shipments stoo... -
S. Korea's household debt grew at alarming clip last year: BIS dataJun 21, 2020South Korea's household debt to the gross domestic product grew at the fastest pace among 43 countries in the world last year, leading the country's overall private-sector debt to also expand at one ... -
S. Korea’s overseas direct investment falls 15% in Q1Jun 19, 2020South Korea’s overseas direct investment fell 15.3 percent on-year in the first three months of the year, weighed on by the coronavirus pandemic, with investments to China and Hong Kong having fallen... -
S. Korea sets aside W5tr for subcontractors in key industriesJun 19, 2020Fiscal chief presses for swift passage of 3rd extra budget bill -
S. Korea's current account surplus with US, China narrows in 2019Jun 19, 2020South Korea's current account surplus with the United States and China sharply narrowed in 2019 from a year earlier amid a prolonged trade dispute between the world's largest economies that undermine... -
Finance minister renews calls for parliamentary approval of 3rd extra budgetJun 19, 2020SEJONG -- Finance Minister Hong Nam-ki on Friday renewed calls for the National Assembly to approve the third extra budget to help revive the virus-hit economy, saying the government will spare no ef... -
After market backlash, authorities vow to soften blow on ordinary homebuyersJun 18, 2020Criticism grows over new rules for depriving homebuying opportunities from non-speculative investors, ‘exception clauses’ in the works, officials say -
![[News Focus] 1 in 7 Koreans de facto jobless since March](http://res.heraldm.com/phpwas/restmb_idxmake.php?idx=649&simg=/content/image/2020/06/17/20200617000834_0.jpg)
[News Focus] 1 in 7 Koreans de facto jobless since MarchJun 18, 2020Number of ‘extended-based’ unemployed up 1 million since Jan. 1
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01Missing Seoul Mayor Park found dead
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03Five-day funeral planned for Seoul mayor
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050.03% of Koreans developed coronavirus antibodies: KCDC
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[Newsmaker] Three marathoners killed in car accident during race06
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07Kindergarten teachers suffer from abuse: survey
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Mayor Park says sorry in will08
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09New virus cases fall below 50; imported infections, those at churches persist
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[Newsmaker] Seoul mayor’s death highlights Korea’s suicide problem10