Updated: 1 week 5 days ago
Heads in the sand
Korea's economy is headed into a dark tunnel of low growth. The International Monetary Fund on Tuesday lowered its projection for the world's economic growth for 2018 and 2019 to 3.7 percent from 3.9 percent, citing a slowdown of
SEOUL, Oct. 10 (Yonhap) -- The following are the top headlines in major South Korean newspapers on Oct. 10.
-- Japan offers to provide site for 2nd NK-US summit (Kyunghyang Shinmun)
-- At least 11 academic papers found to h
SEOUL, Oct. 9 (Yonhap) -- South Korea's finance minister on Tuesday to promised to mobilize every means possible to create jobs and boost the economies in regions struggling with slumping businesses.
In May, the government designated Ulsan, Geoje,
SEOUL, Oct. 9 (Yonhap) -- Daesang Co., South Korea's major ready-made kimchi producer, said Tuesday its sales in the third quarter rose 11 percent on-year as consumers turned to packaged kimchi amid sky-high cabbage prices.
Rising prices of the pi
SEOUL, Oct. 9 (Yonhap) -- North Korean people's demand for better houses will create as much as 77 trillion won (US$68.1 billion) in additional construction investment between 2021 and 2030 if the reclusive country fully opens its market, a report said
SEOUL, Oct. 9 (Yonhap) -- The delinquency rate for South Korean banks' won-denominated loans edged up in August due to a slight rise in the number of firms that failed to repay their debts, government data showed Tuesday.
The rate for bank loans m
SEOUL, Oct. 9 (Yonhap) -- The global market revenue for foldable display panels is expected to grow 150 percent per year in the coming years, starting in 2019 when smartphone makers launch devices with flexible screens, an industry report said Tuesday.
SEOUL, Oct. 9 (Yonhap) -- LG Electronics Inc. said Tuesday that it will launch its new flagship smartphone, the V40 ThinQ, in the United States on Oct. 18, ahead of its release in South Korea.
The new five-camera smartphone can be pre-ordered start
SEJONG, Oct. 9 (Yonhap) -- The International Monetary Fund (IMF) on Tuesday lowered its growth outlook for South Korea to 2.8 percent from 3 percent amid sluggish corporate investment and domestic consumption.
It also slashed the country's growth
SEOUL, Oct. 8 (Yonhap) -- South Korean cosmetics company Skinfood said Monday it has filed for a court-led restructuring scheme due to mounting losses.
Launched in 2004, the company enjoyed popularity from the late 2000s and had grown to post annua
SEOUL, Oct. 8 (Yonhap) -- The head of South Korea's fifth-largest conglomerate, Lotte, returned to work on Monday after an appeals court suspended his sentence on bribery charges, releasing him from prison.
Lotte Group Chairman Shin Dong-bin was br
(ATTN: ADDS details in last 6 paras)
SEJONG, Oct. 8 (Yonhap) -- The government will take all necessary steps to improve the country's dismal job market as employment conditions in September are widely expected to remain disappointing, the finance mini
(ATTN: ADDS bond yields at bottom)
SEOUL, Oct. 8 (Yonhap) -- South Korean stocks extended their losing streak to six sessions on Monday as concerns over a faster pace of U.S. rate rises caused foreigners to remain net sellers. The local currency fell
Today (%) Previous Session(%) Change (BP)
1-year TB 1.877 1.872 +0.5
3-year TB 2.091 2.084 +0.7
10-year TB 2.453 2.453 --
SEOUL, Oct. 8 (Yonhap) -- South Korean mobility startup VCNC said Monday it has launched a new ride-hailing service in Seoul and an adjacent city with 11-seat vans in a move to get around a local transportation law.
VCNC said hundreds of its passen
SEOUL, Oct. 8 (Yonhap) -- South Korean stocks extended their losing streak to six sessions on Monday as concerns over a faster pace of U.S. rate rises caused foreigners to remain net sellers. The local currency fell to an eight-week low against the U.S
NDAILIVART 234 00 DN1 00
IG Nex1 3 6950 D N1 100
KBFinancialGroup 56,000 DN 200
nsae 20 750 0
HAUSYS 662 00 DN1 60 0
Youngone Corp 37,100 DN 1,300
OLON IND 6 0100 D N4 0
miPharm 455 500 DN3 00 0
BK 1 5,350 0
orElecTerm 4 1250 D N1 50
amhaeChem 1 3300 D N5 0
DONGSUH 20,400 DN 450
BGF 8,720 DN 300
ungEng 1900 0 DN35 0
K TIRE WORLDWIDE1810 0 UP10 0
a Socio Holdings1035 00 DN15 00
K hynix 7 1200 U P9 0
oungpoong 7 57000 D N7 0
undaiEng&Const 64 500 DN 15 0
msungF&MIns 28 4000 UP 10