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Top headlines in major S. Korean newspapers
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SEOUL, March 24 (Yonhap) -- The following are the top in major South Korean newspapers on March 24.Korean-language dailies-- Moon-Yoon feud spreads to BOK chief nomination (Kyunghyang Shinmun)-- Declared value of homes makes double-digit growth for
U.S. has no plan to negotiate import quota on S. Korean steel products: Raimondo
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By Byun Duk-kunWASHINGTON, March 23 (Yonhap) -- The United States has no immediate plan to negotiate its import quota on South Korean steel products, U.S. Commerce Secretary Gina Raimondo said Wednesday, according to a report by Reuters.The remarks c
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(LEAD) S. Korea approves MSD's oral COVID-19 pill for at-risk patients
(ATTN: UPDATES with more details in paras 9-10)By Kim Han-jooSEOUL, March 23 (Yonhap) -- South Korea's drug safety agency on Wednesday granted an emergency authorization of multinational pharmaceutical company MSD's oral drug to treat COVID-1
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(LEAD) Outgoing BOK chief calls for more rate hikes, warns of bigger consequences from missing right timing
(ATTN: ADDS more remarks in paras 9-10, last 3 paras)SEOUL, March 23 (Yonhap) -- South Korea's outgoing central bank chief called Wednesday for more interest rate hikes as part of efforts to tamp down inflation, saying such measures must be &quo
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S. Korea seeks Vietnam's support for envisioned CPTPP membership
SEOUL, March 23 (Yonhap) -- South Korea on Wednesday asked for Vietnam's support for its push to join a mega free trade deal in the Asia-Pacific region, Seoul's trade ministry said.South Korea's Trade Minister Yeo Han-koo made the request
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Outgoing BOK chief calls for more rate hikes, warns of bigger consequences from missing right timing
SEOUL, March 23 (Yonhap) -- South Korea's outgoing central bank chief called Wednesday for more interest rate hikes as part of efforts to tamp down inflation, saying such measures must be "unpopular" for the public but missing the rig
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(3rd LD) S. Korea to ease tax burdens on owners of single home
(ATTN: UPDATES with more details throughout)SEOUL, March 23 (Yonhap) -- South Korea said Wednesday it plans to temporarily ease property-related tax burdens on owners of a single home amid public discontent about the government's housing policy a
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S. Korea approves MSD's oral COVID-19 pill for at-risk patients
By Kim Han-jooSEOUL, March 23 (Yonhap) -- South Korea's drug safety agency on Wednesday granted an emergency authorization of multinational pharmaceutical company MSD's oral drug to treat COVID-19, making it the second such pill to be used in
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(profile) BOK chief nominee known for expertise on economic theory, financial policy
SEOUL, March 23 (Yonhap) -- President Moon Jae-in's nominee for new central bank chief is known for having a deep understanding of financial markets and policymaking he has accumulated in academic, government and international bodies.Rhee Chang-y
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(2nd LD) S. Korea to ease tax burdens on owners of single home
(ATTN: UPDATES with more details in paras 3-9; CHANGES headline and lead)SEOUL, March 23 (Yonhap) -- South Korea said Wednesday it will temporarily ease property tax burdens on owners of a single home amid public discontent about the government's
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S. Korea reaffirms support for U.S. initiative for Indo-Pacific Economic Framework
SEOUL, March 23 (Yonhap) -- South Korea reaffirmed its support Wednesday for the U.S.-led Indo-Pacific Economic Framework (IPEF) during a high-level economic dialogue between the allies, Seoul's foreign ministry said. Yun Seong-deok, Seoul's
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(LEAD) Moon names IMF official as BOK chief amid tensions with Yoon
(ATTN: UPDATES throughout with reaction from Yoon's side, details)By Lee Haye-ahSEOUL, March 23 (Yonhap) -- The office of President Moon Jae-in announced the nomination of an International Monetary Fund official as the next chief of the Bank of K
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Moon names IMF official as BOK chief
SEOUL, March 23 (Yonhap) -- President Moon Jae-in on Wednesday named an official of the International Monetary Fund as the next chief of the Bank of Korea.Rhee Chang-yong, director of the Asia and Pacific department at the IMF, has been nominated to
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Population mobility drops for 14th month in Feb.
SEOUL, March 23 (Yonhap) -- The number of South Koreans who moved to different residences in the country fell for the 14th consecutive month in February amid fewer housing transactions and population aging, government data showed Wednesday.The number
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S. Korea's childbirths edge down in Jan.
SEOUL, March 23 (Yonhap) -- The number of babies born in South Korea inched down in January from a year earlier, data showed Wednesday, highlighting the country's gloomy demographic situation with the chronically low birthrate.A total of 24,598 b
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(LEAD) S. Korea to ease property-related tax burdens of owners of one home
(ATTN: UPDATES with more details throughout; ADDS photo)SEOUL, March 23 (Yonhap) -- South Korea said Wednesday it plans to ease tax burdens on owners of a single home amid growing public discontent about the government's housing policy amid skyro
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S. Korea's overseas direct investment hits all-time high in 2021
SEOUL, March 23 (Yonhap) -- South Korea's overseas direct investment hit a record high last year as the global economy recovered from the fallout of the COVID-19 pandemic, data showed Wednesday.The value of investments made by South Korean compan
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S. Korea to ease property-related tax burdens of owners of one home
SEOUL, March 23 (Yonhap) -- South Korea said Wednesday it plans to ease tax burdens of owners of a single home amid skyrocketing home prices.The measures -- which are set to be announced at 11 a.m. -- are meant to prevent the owners of one home from
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Producer prices up for 2nd month in Feb on high energy costs
SEOUL, March 23 (Yonhap) -- South Korea's producer prices grew for the second straight month in February, as high energy costs drove up the prices of factory-produced goods, central bank data showed Wednesday.The producer price index, a major bar
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SK On welcomes EU approval on Hungarian aid to its EV battery plant
SEOUL, March 22 (Yonhap) -- South Korean battery maker SK On Co. on Tuesday welcomed the European Union's approval on Hungary's aid to its electric vehicle (EV) battery plant construction in Ivancsa, south of Budapest. "We welcome the E
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