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BOK's dollar net selling, buying on par in Q2 market smoothing operations

SEOUL, Sept. 30 (Yonhap) -- The Bank of Korea (BOK) said Thursday its net selling and buying of the U.S. dollar remained on par in the second quarter as part of its efforts to help ease fluctuations in the local currency market. In the first quarter,
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(2nd LD) Economic policymakers agree to implement concerted policies

(ATTN: RECASTS headline, lead; UPDATES with more details in paras 2-8, 17, 18)By Kim Soo-yeonSEOUL, Sept. 30 (Yonhap) -- South Korea's finance minister, the top central banker and financial regulators agreed Thursday to operate the fiscal, moneta
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POSCO breaks ground on battery recycling plant

SEOUL, Sept. 30 (Yonhap) -- POSCO, the world's fifth-largest steelmaker by output, said Thursday it has broken ground on a 120 billion won (US$101 million) plant that will extract nickel and lithium, key materials for electric vehicle batteries.T
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Banks' lending rates rise in August

SEOUL, Sept. 30 (Yonhap) -- South Korean banks' lending rates rose in August as the Bank of Korea (BOK) delivered its first pandemic-era rate hike, central bank data showed Thursday. The average interest rate charged on new bank loans came to 2.8
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(LEAD) S. Korea in all-out efforts to curb household debt: finance minister

(ATTN: UPDATES with more details in paras 10-13; CHANGES photos)By Kim Soo-yeonSEOUL, Sept. 30 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the government will seek to rein in household debt as much as possible but also plans to explore way
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S. Korea actively reviewing trans-Pacific trade pact

By Kang Yoon-seungSEOUL, Sept. 30 (Yonhap) -- South Korea's trade ministry said Thursday it is reviewing joining a mega free trade pact comprising Asia-Pacific countries in line with its goal to play a leading role in trade in the region."S
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S. Korea's biz sentiment worsens for Oct.: poll

SEOUL, Sept. 30 (Yonhap) -- South Korea's business sentiment fell for October due to a coronavirus resurgence, rising oil prices and other negatives, a poll showed Thursday. The survey of 2,824 companies, taken by the Bank of Korea, showed the co
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S. Korea in all-out efforts to curb household debt: finance minister

SEOUL, Sept. 30 (Yonhap) -- Finance Minister Hong Nam-ki said Thursday the government will seek to rein in household debt as much as possible but also plans to explore ways for people to take loans within their ability to repay debt.Hong made the rem
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S. Korea's exports forecast to stay strong in Q4

SEOUL, Sept. 30 (Yonhap) -- South Korea's exports are expected to remain brisk in the fourth quarter of the year on the back of a recovery in global demand, a trade body said Thursday.The Korea International Trade Association (KITA) said its expo
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(2nd LD) Production, consumption, investment fall in Aug. amid 4th wave of pandemic

(ATTN: UPDATES with more info in paras 4-5, 12, 17-18)By Kim Soo-yeonSEOUL, Sept. 30 (Yonhap) -- South Korea's industrial output, retail sales and investment declined in August from the previous month in the latest sign that economic recovery mom
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Hanwha Q Cells' solar power plant in Texas comes online

SEOUL, Sept. 30 (Yonhap) -- Hanwha Q Cells, a solar solutions unit of South Korean conglomerate Hanwha Group, said Thursday it has completed the construction of a 168-megawatt solar power plant in the United States. Hanwha Q Cells said its U.S. unit
#GENESIS, #GV60, #Electric, #ElectricCar, #EV

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Genesis unveils 1st dedicated EV GV60

Genesis EV-GV60 Genesis unveils 1st dedicated EV GV60 By Choi Kyong-aeSEOUL, Sept. 30 (Yonhap) -- Genesis, the luxury brand of Hyundai Motor Co., on Thursday unveiled the GV60, its first electric car
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(LEAD) Production, consumption, investment fall in Aug. amid 4th wave of pandemic

(ATTN: UPDATES with more details from para 6; ADDS photo)By Kim Soo-yeonSEOUL, Sept. 30 (Yonhap) -- South Korea's industrial output, retail sales and investment declined in August from the previous month in the latest sign that economic recovery
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Production, consumption, investment fall in Aug. amid 4th wave of pandemic

By Kim Soo-yeonSEOUL, Sept. 30 (Yonhap) -- South Korea's industrial output, retail sales and investment declined in August from the previous month in the latest sign that economic recovery momentum slowed amid the fourth wave of the pandemic, dat
(URGENT) Industrial output down 0.2 pct on-month in Aug.: statistics agency

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(EDITORIAL from Korea JoongAng Daily on Sept. 30)

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Normalize relationsFumio Kishida is to become the next prime minister of Japan after winning a race to lead the ruling Liberal Democratic Party (LDP). Kishida, a former foreign minister and chairman of the Policy Research Council of the LDP, will be
(EDITORIAL from Korea Times on Sept. 30)

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'Double standards' dispute North Korea should stop dubious approaches North Korea said Wednesday the projectile it launched into East Sea early Tuesday was a new hypersonic missile. The Korean Central News Agency said the North successfully t
(EDITORIAL from Korea Herald on Sept. 30)

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KCTU's despotism Unionized truckers block bread shipment; subcontracted workers occupy steel millUnder the pro-labor Moon Jae-in regime, the Korean Confederation of Trade Unions has acted like its master.It was a key organizer of candlelight vigi
Top headlines in major S. Korean newspapers

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SEOUL, Sept. 30 (Yonhap) -- The following are the top in major South Korean newspapers on Sept. 30.Korean-language dailies-- Ruling, opposition parties agree to form bipartisan committee for further review on contentious media bill(Kyunghyang Shinmu
Infomark to raise 8 bln won via stock sale

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SEOUL, Sept. 29 (Yonhap) -- Infomark Co.on Wednesday announced that it will sell stocks to raise 8 billion won (US$6.8 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing, t