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Overseas card spending continues to grow on soaring outbound travel

SEOUL, Nov. 29 (Yonhap) -- South Koreans' overseas card spending continued to grow in the third quarter as outbound travel spiked bolstered by eased pandemic curbs, central bank data showed Tuesday.The amount of money spent overseas by South Kore
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(2nd LD) Gov't invokes return-to-work order on cement truckers amid prolonged strike

(ATTN: UPDATES with details in 7th para; ADDS photo)By Kang Yoon-seungSEOUL, Nov. 29 (Yonhap) -- South Korea invoked a return-to-work order on truckers of the cement industry, the finance minister said Tuesday, pointing out their on-going strike weig
(LEAD) Gov't invokes return-to-work order on cement truckers amid prolonged strike

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(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, Nov. 29 (Yonhap) -- South Korea invoked a return-to-work order on truckers of the cement industry, the finance minister said Tuesday, pointing out their on-going strike weighs down on th
Gov't invokes return-to-work order on cement truckers amid prolonged strike

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SEOUL, Nov. 29 (Yonhap) -- South Korea invoked a return-to-work order on truckers of the cement industry, the finance minister said Tuesday, pointing out their on-going strike weighs down on the national economy.The decision came as thousands of truc
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S. Korea, Luxemburg to boost ties in key minerals, space industry

SEOUL, Nov. 29 (Yonhap) -- South Korea and Luxemburg agreed Tuesday to enhance cooperation for supply chains of key minerals, and space and aviation industries, Seoul's industry ministry said.The consensus was made during a meeting between Deputy
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Retail sales up 7.3 pct in October on growing outdoor activities

SEOUL, Nov. 29 (Yonhap) -- Retail sales in South Korea grew 7.3 percent on-year in October, as people's outdoor activities and demand for various services grew amid eased antivirus curbs, data showed Tuesday.The combined sales of 25 major offline
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SME exports dip for 2nd month in Oct.

SEOUL, Nov. 29 (Yonhap) -- Exports by South Korean small and medium enterprises (SMEs) shrank for the second straight month in October amid a global economic slowdown, data showed Tuesday.Local SMEs' overseas shipments came to US$9.07 billion las
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Tax revenue up 48.2 tln won through Oct.

SEOUL, Nov. 29 (Yonhap) -- South Korea's tax revenue grew 48.2 trillion won (US$36 billion) in the first 10 months of 2022 from a year earlier, data showed Tuesday, amid the country's improved job market.Tax revenue amounted to 355.6 trillion
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(Yonhap Interview) Luxembourg seeks to attract S. Korean startups, boost space cooperation: economic minister

By Woo Jae-yeonSEOUL, Nov. 28 (Yonhap) -- Luxembourg is a perfect launching pad for South Korean businesses to make an entry into the European market, the country's economic minister said Monday, for its open culture, a vast talent pool and its c
(LEAD) Production suspension feared in cement industry over truckers' strike

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(ATTN: UPDATES with details in last 2 paras)SEOUL, Nov. 28 (Yonhap) -- Cement companies said Monday they will be forced to suspend production in a week if truckers continue to stage a strike, calling for the government's swift resolution.They mad
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Production suspension feared in cement industry over truckers' strike

SEOUL, Nov. 28 (Yonhap) -- Cement companies said Monday they will be forced to suspend production in a week if truckers continue to stage a strike, calling for the government's swift resolution.They made the appeal when Industry Minister Lee Chan
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(LEAD) Industry minister, BOK chief discuss economic situation

(ATTN: CHANGES photo)SEOUL, Nov. 28 (Yonhap) -- Industry Minister Lee Chang-yang met with Bank of Korea (BOK) Gov. Rhee Chang-yong on Monday and discussed the economic situation amid high inflation and interest rates, the industry ministry said.Durin
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Industry minister, BOK chief discuss economic situation

SEOUL, Nov. 28 (Yonhap) -- Industry Minister Lee Chang-yang met with Bank of Korea (BOK) Gov. Rhee Chang-yong on Monday and discussed the economic situation amid high inflation and interest rates, the industry ministry said.During their first one-on-
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S. Korea seeks to change dividend-linked rules to attract more foreign investment to stock market

SEOUL, Nov. 28 (Yonhap) -- South Korea will push to change regulations in a way that would allow investors to know how much they would receive in dividends before buying stocks in a bid to attract more foreign investment in the local equity market, a
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(LEAD) S. Korea to reduce bond issuance of state-run firms, stabilize market

(ATTN: ADDS more info in paras 5-8)SEOUL, Nov. 28 (Yonhap) -- South Korea plans to reduce the issuance of bonds by state-run companies, the finance ministry said Monday, in line with the country's efforts to stabilize the bond market hit by uncer
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S. Korea to reduce bond issuance of state-run firms, stabilize market

SEOUL, Nov. 28 (Yonhap) -- South Korea plans to reduce the issuance of bonds by state-run companies, the finance ministry said Monday, in line with the country's efforts to stabilize the bond market hit by uncertainties.The plan was announced dur
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(LEAD) PM to visit France, Mozambique, Ghana to seek support for Expo bid

(ATTN: UPDATES with prime minister's trip; INCORPORATES story slugged biz leaders-World Expo; CHANGES headline; ADDS photo)SEOUL, Nov. 27 (Yonhap) -- Prime Minister Han Duck-soo will visit France, Mozambique and Ghana this week to promote South K
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S. Korea reports additional bird flu case at duck farm

SEOUL, Nov. 27 (Yonhap) -- South Korea on Sunday confirmed an additional avian influenza case at a duck farm in the southern region of the country, officials said.The case of a highly pathogenic avian influenza (AI) strain of H5N1 was found at the du
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Biz leaders to draw support for S. Korea's bid to host World Expo at BIE meeting

SEOUL, Nov. 27 (Yonhap) -- Business leaders will push to enlist support for South Korea's bid to host the 2030 World Expo when they take part in this week's gathering of an intergovernmental body in charge of overseeing the event, a business
Experts worry about financial crisis due to spiking borrowing costs: BOK survey

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SEOUL, Nov. 27 (Yonhap) -- Nearly 60 percent of economic and financial experts worry that South Korea could face a financial crisis in the short term amid concerns that spiking borrowing costs could weigh on businesses and households, a central bank