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(2nd LD) S. Korea adds 707,000 jobs on-year in September

(ATTN: UPDATES throughout with details)By Kang Yoon-seungSEOUL, Oct. 14 (Yonhap) -- South Korea added jobs for the 19th straight month in September, data showed Friday, but the growth continued to slow for the fourth month in a row amid concerns over
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S. Korea maintains solid fundamentals, not likely to face crisis: IMF chief

By Kang Yoon-seung WASHINGTON/SEOUL, Oct. 14 (Yonhap) -- South Korea is not likely to face a financial crisis as it maintains solid fundamentals, the head of the International Monetary Fund (IMF) said Thursday (U.S. time), amid looming fears over the
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BOK braces for financial market volatility following higher-than-expected U.S. inflation data

SEOUL, Oct. 14 (Yonhap) -- South Korea's financial markets will likely see amplifying volatility affected by the U.S.' announcement of higher-than-anticipated inflation data in September that will strengthen the case for the Federal Reserve&#
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S. Korea draws US$20 mln investment from Dutch, German semiconductor firms

SEOUL, Oct. 14 (Yonhap) -- South Korea has drawn investment of a combined US$20 billion from Dutch and German semiconductor companies, the industry ministry said Friday.The investment pledges were made as Moon Dong-min, a deputy minister for trade an
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Kia union approves tentative 2022 wage deal amid chip shortage

SEOUL, Oct. 14 (Yonhap) -- Unionized workers at Kia Corp. have tentatively agreed to a wage deal for 2022 amid the extended chip shortage and COVID-19 pandemic, the company said Friday. Kia's 30,000-strong union tentatively accepted the company&#
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(LEAD) S. Korea adds 707,000 jobs on-year in September

(ATTN: UPDATES throughout with details)By Kang Yoon-seungSEOUL, Oct. 14 (Yonhap) -- South Korea added jobs for the 19th straight month in September, data showed Friday, but the growth continued to slow for the fourth month in a row amid concerns over
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S. Korea adds 707,000 jobs on-year in September

SEOUL, Oct. 14 (Yonhap) -- South Korea added jobs for the 19th straight month in September, data showed Friday, but the growth continued to slow for the fourth month in a row amid concerns over a recession.The number of employed people stood at 28.38
(URGENT) 707,000 jobs added on-year in September, 19th consecutive month of growth

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Top headlines in major S. Korean newspapers

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SEOUL, Oct. 14 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 14.Korean-language dailies-- BAI requests investigation into 20 people in slain fisheries official case (Kyunghyang Shinmun)-- Ruling party's call for
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Import prices up in Sept. as strong dollar sends raw material costs higher

SEOUL, Oct. 14 (Yonhap) -- South Korea's import prices increased for the first time in three months in September as the strong dollar drove up the costs of buying raw materials from abroad despite recently moderating crude oil prices, central ban
6 companies to recall over 6,500 vehicles over faulty parts

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SEOUL, Oct. 14 (Yonhap) -- BMW Korea, Ford Sales and Service Korea, and four other companies will voluntarily recall more than 6,500 vehicles to fix faulty components, the transport ministry said Friday.The six firms, including Porsche Korea, Mercede
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S. Korea, Australia seek deeper economic ties during trade talks

SEOUL, Oct. 13 (Yonhap) -- Top trade officials of South Korea and Australia discussed ways Thursday to enhance bilateral trade and investment, particularly in supply chains of key minerals, Seoul's industry ministry said.During the meeting in Seo
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U.S. officials met S. Korean battery makers in Seoul over IRA: sources

SEOUL, Oct. 13 (Yonhap) -- U.S. Department of Energy (DOE) officials recently visited South Korea and met with senior officials of major battery makers here to discuss concerns raised by Seoul over a new U.S. law on electric vehicle subsidies, indust
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Military reports 342 more COVID-19 cases

SEOUL, Oct. 13 (Yonhap) -- South Korea's military reported 342 additional COVID-19 cases Thursday, raising the total caseload among its service members to 281,906, the defense ministry said.The new cases comprised 224 from the Army, 37 from the A
KC Cottrell to raise 32.8 bln won via stock offering

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SEOUL, Oct. 13 (Yonhap) -- KC Cottrell Co. on Thursday announced that it will sell stock to raise 32.8 billion won(US$22.9 million). The proceeds from the stock sale will be used mainly to finance its operations.According to a regulatory filing, the
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Finance minister discusses cooperation with World Bank chief

By Kang Yoon-seungWASHINGTON/SEJONG, Oct. 13 (Yonhap) -- South Korea's finance minister met with the head of the World Bank on Wednesday (U.S. time) to discuss cooperation and share their perspectives on the economy, the finance ministry said. Fi
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(LEAD) Banks' household loans down in Sept. amid rising lending rates

(ATTN: ADDS more info throughout)SEOUL, Oct. 13 (Yonhap) -- Household loans extended by banks in South Korea dropped in September amid the fast-rising lending rates in line with the central bank's inflation-fighting interest rate hikes, data show
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S. Korea, Lithuania discuss trade, investment expansion

SEOUL, Oct. 13 (Yonhap) -- South Korea's Trade Minister Ahn Duk-geun met with Lithuania's Ambassador to South Korea Ricardas Slepavicius on Thursday and discussed ways to boost bilateral trade and investment, the industry ministry said.During
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Banks' household loans down in Sept. amid rising lending rates

SEOUL, Oct. 13 (Yonhap) -- Household loans extended by banks in South Korea dropped in September amid the fast-rising lending rates in line with the central bank's inflation-fighting interest rate hikes, data showed Thursday. Banks' outstandi
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Foreigners turn net sellers of Korean stocks in Sept. amid global tightening

SEOUL, Oct. 13 (Yonhap) -- Foreign investors turned net sellers of South Korean stocks in September on concerns over aggressive monetary tightening in major economies, central bank data showed Thursday.Foreigners' stock investment funds logged a