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(2nd LD) Gov't to expand liquidity programs amid corporate bond market jitters

(ATTN: UPDATES with more info in last paras)SEOUL, Oct. 23 (Yonhap) -- South Korea's financial authorities announced plans Sunday to expand liquidity supply programs to at least 50 trillion won (US$34.7 billion) as part of efforts to calm corpora
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(LEAD) Gov't to expand liquidity programs amid corporate bond market jitters

SEOUL, Oct. 23 (Yonhap) -- South Korea's financial authorities announced plans Sunday to expand liquidity supply programs to at least 50 trillion won (US$34.7 billion) as part of efforts to calm corporate bond market jitters.Finance Minister Choo
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Manufacturing sentiment dips to 30-month low in Nov.: poll

SEOUL, Oct. 23 (Yonhap) -- South Korea's manufacturing confidence dropped to a 2 1/2-year low in November amid deepening concerns over a global economic downturn, a poll showed Sunday.The professional survey index (PSI) for the manufacturing sect
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S. Korea, Arab nations to hold new round of FTA talks next week

SEOUL, Oct. 23 (Yonhap) -- South Korea and a group of Arab countries will hold another round of negotiations for their free trade deal next week, Seoul's trade ministry here said Sunday.South Korea and the Gulf Cooperation Council (GCC) will begi
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Policymakers to hold emergency meeting on money market jitters

SEOUL, Oct. 23 (Yonhap) -- South Korean Finance Minister Choo Kyung-ho plans to hold an emergency meeting with the country's central bank chief and top financial regulators on Sunday to discuss ways to rein in market jitters stemming from a defau
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Policymakers to meet to discuss jitters in money market

SEOUL, Oct. 22 (Yonhap) -- Finance Minister Choo Kyung-ho plans to meet with the central bank chief and top financial regulators Sunday to discuss ways to stabilize jitters in the money market caused by a default on debt linked to the construction of
Top headlines in major S. Korean newspapers

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SEOUL, Oct. 22 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 22.Korean-language dailies-- Lee Jae-myung proposes special counsel probe into Daejang-dong development scandal (Kyunghyang Shinmun) -- Lee suggests specia
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EcoPro BM-Samsung SDI JV completes construction of new cathode plant in Pohang

SEOUL, Oct. 21 (Yonhap) -- EcoPro BM Co., a South Korean cathode producer, said Friday it has completed the construction of a new production plant that has the world's largest output capacity.The new CAM7 plant in Pohang, about 370 kilometers sou
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Won weakens for 3rd straight session amid yen's tumble, lackluster trade data

SEOUL, Oct. 21 (Yonhap) -- The South Korean currency weakened against the U.S. dollar for the third straight session on Friday as major currencies continued to lose ground and gloomy trade data suggested worsening headwinds for the country's expo
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S. Korea taking steps over default of Legoland theme park financing: finance chief

SEOUL, Oct. 21 (Yonhap) -- Finance Minister Choo Kyung-ho said Friday that the government is taking "necessary measures" regarding a default in project financing for the construction of the Legoland amusement part in Gangwon Province.Iwon
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SK hynix likely to report poor Q3 results amid chip downturn

By Woo Jae-yeonSEOUL, Oct. 21 (Yonhap) -- SK hynix Inc., the world's second-largest memory chip maker, is expected to report disappointing third-quarter earnings next week, analysts said Friday, marking a sharp departure from record-breaking perf
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(Yonhap Interview) Jeep's 1st all-electric model Avenger 'just around the corner' in S. Korea

By Choi Kyong-aeYANGYANG, South Korea, Oct. 21 (Yonhap) -- Stellantis will soon launch the Jeep brand's first fully electric model, Avenger SUV, in South Korea to boost local sales and in line with the group's zero emission goals, its Korean
S. Korea, WHO to co-host inaugural World Bio Summit next week

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SEOUL, Oct. 21 (Yonhap) -- South Korea and the World Health Organization (WHO) will co-host the inaugural World Bio Summit next week to share the latest technological improvements in vaccines and the bio-health industry and discuss ways to increase p
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DSME wins 710.3 bln-won order for 2 LNG carriers

SEOUL, Oct. 21 (Yonhap) -- South Korean shipyard Daewoo Shipbuilding & Marine Engineering Co. (DSME) said Tuesday it has won a 710.3 billion-won (US$500 million) order to build two liquefied natural gas (LNG) carriers for a shipper based in the Ameri
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SPC chairman apologizes for young bakery worker's death

SEOUL, Oct. 21 (Yonhap) -- SPC Group chairman apologized Friday for the death of a young worker at a bread-making factory amid a boycott campaign against the South Korean food and beverage giant.The 23-year old employee was killed on Saturday after h
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GCF board approves US$550 mln for projects to tackle climate change

SEOUL, Oct. 21 (Yonhap) -- The Green Climate Fund (GCF), an international organization on fighting climate change, has approved US$550 million in funding for projects in 35 nations, South Korea's finance ministry said Friday.The board of the GCF
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Public organizations to sell 22.6 tln won worth of assets amid belt-tightening

SEOUL, Oct. 21 (Yonhap) -- South Korea plans to sell public assets estimated at around 22.6 trillion won (US$15.7 billion) over the next five years, data showed Friday, amid its efforts to tighten its belt amid brewing concerns over a recession.The a
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(LEAD) Exports down 5.5 pct in first 20 days of October

(ATTN: UPDATES with details throughout)By Kang Yoon-seungSEOUL, Oct. 21 (Yonhap) -- South Korea's exports slipped 5.5 percent from the previous year in the first 20 days of October, data showed Friday, hinting that monthly outbound shipments coul
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Exports down 5.5 pct in first 20 days of October

SEOUL, Oct. 21 (Yonhap) -- South Korea's exports slipped 5.5 percent from the previous year in the first 20 days of October, data showed Friday, hinting that monthly outbound shipments could decrease on-year for the first time in two years.The co
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Producer prices bounce higher in Sept. amid inflation woes

SEOUL, Oct. 21 (Yonhap) -- South Korea's producer prices bounced back in September following the first downturn in about two years a month earlier, as high energy and farming bills drove up costs, central bank data showed Friday.The producer pric