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(URGENT) BOK freezes key rate at 0.75 pct in Oct

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(LEAD) Exports jump 63.5 pct in first 10 days of Oct.

(ATTN: UPDATES with more details from para 3)By Kim Soo-yeon SEOUL, Oct. 12 (Yonhap) -- South Korea's exports jumped 63.5 percent on-year in the first 10 days of October on the back of robust demand for chips, petroleum products and autos, custom
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Exports jump 63.5 pct in first 10 days of Oct.

SEOUL, Oct. 12 (Yonhap) -- South Korea's exports jumped 63.5 percent on-year in the first 10 days of October on the back of robust demand for chips, petroleum products and autos, customs data showed Tuesday.The country's outbound shipments st
#Kimchi

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S. Korea's exports of kimchi up 13.8 pct in Jan.-Aug.

kimchi-exports S. Korea's exports of kimchi up 13.8 pct in Jan.-Aug.SEOUL, Oct. 12 (Yonhap) -- South Korea's exports of kimchi climbed nearly 14 percent in the first eight months of 2021 on gr
Top headlines in major S. Korean newspapers

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SEOUL, Oct. 12 (Yonhap) -- The following are the top in major South Korean newspapers on Oct. 12.Korean-language dailies-- Ex-PM Lee Nak-yon calls for DP to hold runoff vote after primary (Kyunghyang Shinmun)-- Ex-PM Lee Nak-yon appeals ruling party
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Hyundai Mobis develops foldable steering wheel for future vehicles

SEOUL, Oct. 11 (Yonhap) -- Hyundai Mobis Co., South Korea's largest auto parts maker, said Monday it has developed a foldable steering wheel for future vehicles. The affiliate of Hyundai Motor Group said it developed a foldable steering system af
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GCF board endorses $1.2 bln for projects to support climate actions

SEOUL, Oct. 11 (Yonhap) -- The Green Climate Fund (GCF), an international organization on fighting climate change, has approved US$1.2 billion in funding for 13 new green energy projects, South Korea's finance ministry said Monday.The board of th
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Finance minister to leave for U.S. to attend G-20 meeting

SEOUL, Oct. 11 (Yonhap) -- Finance Minister Hong Nam-ki will leave for the United States this week to attend a Group of 20 (G-20) meeting of finance chiefs and central bankers to discuss global economic and financial issues, the finance ministry said
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Asiana to resume business class services on domestic flights after 18-year hiatus

SEOUL, Oct. 11 (Yonhap) -- Asiana Airlines Inc., South Korea's second-biggest airline, will resume offering business class services on domestic flights starting next month, industry insiders said Monday, as it tries to improve profitability amid
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LG Chem to build tech centers in U.S., Europe

SEOUL, Oct. 11 (Yonhap) -- LG Chem Ltd., South Korea's leading chemical company, said Monday it will establish technical support facilities in the United States and Europe to improve customer care services in its main markets. LG Chem will invest
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Air, maritime shipping costs hit record highs amid pandemic

SEOUL, Oct. 10 -- The costs of air and maritime cargo shipping surged to their all-time highs in South Korea, as logistics giants reduced their international schedules amid the COVID-19 pandemic, industry data showed Sunday.The average air freight ra
(URGENT) Gyeonggi Gov. Lee wins another voting in ruling party primary

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Samsung Electronics, SK hynix could be subject to new int'l taxation rules

SEOUL, Oct. 9 (Yonhap) -- South Korean chipmakers Samsung Electronics Co. and SK hynix Inc. may have to pay part of their corporate taxes to foreign countries where they earn profits under a new landmark global taxation scheme.A group of 360 countrie
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Samsung family to sell 2 tln won worth of stocks to pay inheritance tax

SEOUL, Oct. 9 (Yonhap) -- The family of late Samsung Group Chairman Lee Kun-hee plans to sell stakes in group affiliates worth 2 trillion won (US$1.6 billion) to pay inheritance taxes, regulatory filings showed Saturday.Hong Ra-hee, the widow of the
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(LEAD) Finance chief urges firms' cooperation for new greenhouse gas emission goal

(ATTN: UPDATES with more details in last 8 paras)SEOUL, Oct. 8 (Yonhap) -- Finance Minister Hong Nam-ki called Friday for South Korean companies to cooperate with the government's effort to go carbon neutral by 2050 as the country drastically rai
Tonymoly to raise 30 bln won via stock offering

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SEOUL, Oct. 8 (Yonhap) -- Tonymoly Co. on Friday announced that it will sell stocks to raise 30 billion won(US$25.1 million). The proceeds from the stock sale will be used mainly to pay off its debts.According to a regulatory filing, the company will
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Finance chief urges firms' cooperation for new greenhouse gas emission goal

SEOUL, Oct. 8 (Yonhap) -- Finance Minister Hong Nam-ki called Friday for South Korean companies to cooperate with the government's effort to go carbon neutral by 2050 as the country drastically raised its target of reducing greenhouse gas emissio
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(LEAD) Koreans' excess funds fall in Q2 amid economic recovery

(ATTN: UPDATES with more details in paras 10-11; ADDS photo)SEOUL, Oct. 8 (Yonhap) -- Excess funds held by South Korean households and nonprofit agencies fell in the second quarter from a year earlier as private spending rose and home purchases incre
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S. Korea's rice output forecast to rise 9 pct this year

SEOUL, Oct. 8 (Yonhap) -- South Korea's rice output is expected to increase 9.1 percent in 2021 from a year earlier due largely to favorable weather conditions and a rise in the cultivation area, data showed Friday.The country's rice producti
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Koreans' excess funds fall in Q2 amid economic recovery

SEOUL, Oct. 8 (Yonhap) -- Excess funds held by South Korean households and nonprofit agencies fell in the second quarter from a year earlier as private spending rose and home purchases increased amid the economic recovery, central bank data showed Fr