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Malaysia drums up support for S. Korea's bid to join CPTPP

SEOUL, April 18 (Yonhap) -- Malaysia on Monday expressed support for South Korea's bid to join a mega free trade deal in the Asia-Pacific region, Seoul's trade ministry said.Malaysia's Senior Minister and International Trade and Industry
Top headlines in major S. Korean newspapers

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SEOUL, April 18 (Yonhap) -- The following are the top in major South Korean newspapers on April 18.Korean-language dailies-- Controversies surrounding health minister nominee (Kyunghyang Shinmun)-- Health minister nominee unyielding, possibly to be
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S. Korea's economic growth to slow on Ukraine woes, rate policy uncertainties: think tank

SEOUL, April 17 (Yonhap) -- South Korea's economy is expected to post slower-than-expected growth this year amid the prolonged war in Ukraine, a shift in major countries' monetary policies and the impact of inflation, a local think tank said
Today in Korean history

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April 18 1974 -- South Korea and Uganda establish diplomatic ties. 1975 -- North Korean President Kim Il-sung visits China for the first time in 14 years and holds talks with his Chinese counterpart, Mao Zedong. 1983 -- A fire breaks out at a discoth
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More active use of monetary policy needed to fight inflation: BOK report

SEOUL, April 17 (Yonhap) -- The Bank of Korea (BOK) needs to "actively" utilize its monetary policy as a tool to tamp down inflation amid worries that prices are under growing upward pressure from supply chain disruptions, soaring commodi
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Group of chicken-processing firms fined over price fixing

SEOUL, April 17 (Yonhap) -- South Korea's antitrust regulator said Sunday it has decided to impose a 1.2 billion-won (US$977 million) fine on the Korea Broiler Council, a group of chicken-processing firms, for fixing prices and supplies of the po
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BOK chief nominee predicts high inflation pressure

SEOUL, April 17 (Yonhap) -- The nominee to lead the Bank of Korea (BOK) said Sunday inflationary pressure will likely remain high for a considerable period of time and stressed a focus on efforts for price stability.Rhee Chang-yong made the remarks i
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(LEAD) S. Korea decides to join CPTPP trade agreement

(ATTN: ADDS more details, comments throughout, more photos)SEOUL, April 15 (Yonhap) -- South Korea decided Friday to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid height
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S. Korea decides to join CPTPP trade agreement

SEOUL, April 15 (Yonhap) -- South Korea decided Friday to join a mega free trade agreement involving 11 Asia-Pacific nations as the country seeks to diversify its export portfolio amid heightened economic uncertainty.Late last year, the country launc
Showbox to raise 131.7 bln won via stock sale

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SEOUL, April 15 (Yonhap) -- Showbox Corp.on Friday announced that it will sell stocks to raise 131.7 billion won (US$107.1 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filin
Yonhap News Summary

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The following is the second summary of major stories moved by Yonhap News Agency on Friday.-----------------(2nd LD) S. Korea to fully lift COVID-19 quarantine in late May: KDCA(ATTN: UPDATES throughout with more details on post-omicron scheme; INCOR
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Shinhan Card to overhaul security-vulnerable card numbering system

SEOUL, April 15 (Yonhap) -- Shinhan Card Co. said Friday that it is vetting its card numbering scheme as some issued cards turned out to be vulnerable to security and unauthorized payments.There have been reports of unauthorized payments of its gift
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Finance minister to leave for U.S. to attend G-20 meeting

SEOUL, April 15 (Yonhap) -- South Korea's top economic policymaker will leave for the United States over the weekend to attend a Group of 20 (G-20) meeting of finance chiefs and central bankers to discuss global economic and financial issues, his
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Yoon calls for response to long-term inflation

SEOUL, April 15 (Yonhap) -- President-elect Yoon Suk-yeol said Friday the economy is showing clear signs of a "multi-front crisis," with inflation particularly concerning, and instructed his transition team to come up with countermeasures
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S. Korea's auto exports down 7.7 pct in March amid chip shortage

SEOUL, April 15 (Yonhap) -- South Korea's car exports fell 7.7 percent in March due mainly to the continued shortage of automotive chips and supply disruptions of car parts in China amid the COVID-19 pandemic, data showed Friday.Outbound shipment
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(LEAD) Inflationary pressure growing amid Ukraine war: finance ministry

(ATTN: UPDATES with more details in paras 9-11)SEOUL, April 15 (Yonhap) -- The South Korean economy is on a recovery track on robust exports, but it faces growing inflationary pressure as the protracted war in Ukraine has jacked up energy prices, the
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Discount coupons to be offered for sports, accommodations amid slowing virus wave

SEOUL, April 15 (Yonhap) -- South Korea said Friday it plans to provide discount coupons to support ticket prices of professional sports games and accommodation fees in a bid to help spur consumption as it has decided to lift COVID-19 virus restricti
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Inflationary pressure growing amid Ukraine war: finance ministry

SEOUL, April 15 (Yonhap) -- The South Korean economy is on a recovery track on robust exports, but it faces growing inflationary pressure as the protracted war in Ukraine has jacked up energy prices, the finance ministry said Friday.External economic
Top headlines in major S. Korean newspapers

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SEOUL, April 15 (Yonhap) -- The following are the top in major South Korean newspapers on April 15.Korean-language dailies-- Ahn goes on 'strike' for one day, but relations patched up after dinner with Yoon (Kyunghyang Shinmun)-- After Yoon-
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Samsung Electronics, union resume wage talks in 3 months

SEOUL, April 14 (Yonhap) -- Samsung Electronics Co. and its union on Thursday resumed their wage talks that have been suspended for three months due to their difference over wages and other labor issues.During the meeting, representatives of the Sout