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Willings to raise 10 bln won via stock sale
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SEOUL, Sept. 29 (Yonhap) -- Willings Co.on Wednesday announced that it will sell stocks to raise 10 billion won (US$8.5 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing,
Infomark to raise 12 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 12 billion won(US$10.2 million). The proceeds from the stock offering will be used primarily to finance its operations.According to a regulatory filing,
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(LEAD) S. Korea ready to promote trade ties with Japan: minister
(ATTN: ADDS details in paras 7-8)By Kang Yoon-seungSEOUL, Sept. 29 (Yonhap) -- South Korea will seek to strengthen trade cooperation with Japan amid challenges from the COVID-19 pandemic, and a more friendly business environment will be offered to Ja
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S. Korea's monetary policy still considered accommodative: BOK board member
SEOUL, Sept. 29 (Yonhap) -- South Korea's monetary policy is considered still loose although the Bank of Korea delivered its first pandemic-era rate hike in August, a member of the BOK's rate-setting board said Wednesday. The remarks by Suh Y
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Smaller firms' biz confidence improves for Oct.: poll
SEOUL, Sept. 29 (Yonhap) -- South Korea's smaller firms' business outlook improved for October on hopes of brisk exports and the nation's broader vaccination against the new coronavirus, a poll showed Wednesday.The survey of 3,150 small a
Yonhap News Summary
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The following is the first summary of major stories moved by Yonhap News Agency on Wednesday. -----------------(2nd LD) N. Korea says it tested newly developed hypersonic missile SEOUL -- North Korea said Wednesday it conducted the first test-launch
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16.5 pct of S. Korea's population aged 65 and older in 2021: report
SEOUL, Sept. 29 (Yonhap) -- People aged 65 and older made up 16.5 percent of South Korea's population this year, a report showed Wednesday, highlighting concerns that the fast-aging demographic transition could pose a drag on the country's ec
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Trade terms decline for 5th month in August
SEOUL, Sept. 29 (Yonhap) -- South Korea's terms of trade fell for the fifth consecutive month in August due to a rise in prices of imported goods, central bank data showed Wednesday. The nation's net terms-of-trade index for goods -- a gauge
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S. Korea's childbirths at fresh low in July
SEOUL, Sept. 29 (Yonhap) -- The number of babies born in South Korea dropped to a record low in July, data showed Wednesday, in the latest sign that underscores the country's gloomy demographic situation with the chronically low birth rate.A tota
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Population mobility down for 8th month in August
SEOUL, Sept. 29 (Yonhap) -- The number of South Koreans who moved to different residences in the country declined in August, marking the eighth straight month of an on-year decline amid decreased housing transactions, data showed Wednesday.The number
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Hyundai adds mini SUV Casper to lineup
SEOUL, Sept. 29 (Yonhap) -- South Korea's Hyundai Motor Co. on Wednesday launched a new mini SUV named Casper in the domestic market to diversify its lineup. The Casper comes with a 1.0-liter multi-point injection engine or a 1.0-liter gasoline d
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LG Electronics to post solid Q3 earnings on home appliance biz: analysts
By Joo Kyung-donSEOUL, Sept. 29 (Yonhap) -- LG Electronics Inc. is likely to report solid third-quarter earnings, analysts said Wednesday, as its mainstay home appliance business is expected to offset a slump from vehicle components and B2B units.The
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S. Korea accounts for one-third of global EV battery market in Jan.-Aug. period
By Kim Eun-jungSEOUL, Sept. 29 (Yonhap) -- Three South Korean electric vehicle (EV) battery makers accounted for about a third of the global market in the first eight months of the year, but they are facing toughening competition with Chinese rivals,
S. Korea, Ottawa Group urge free trade of medical supplies
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By Kang Yoon-seungSEOUL, Sept. 29 (Yonhap) -- South Korea and a group of countries seeking for the World Trade Organization (WTO) to be reformed called for the free trade of medical supplies to cope with the protracted pandemic, the country's tra
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Retail sales up 6.4 pct in Aug. on popularity of food delivery
By Kang Yoon-seungSEOUL, Sept. 29 (Yonhap) -- Retail sales in South Korea moved up 6.4 percent in August from a year earlier, data showed Wednesday, as people continued to purchase more food and groceries online amid the new wave of the COVID-19 pand
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S. Korea, Uruguay to speed up negotiations for trade pact with Mercosur
By Kang Yoon-seungSEOUL, Sept. 29 (Yonhap) -- South Korea's trade ministry said Tuesday it has agreed with Uruguay to make joint efforts to speed up negotiations for a free trade pact with a group of South American countries.Trade Minister Yeo Ha
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S. Korea ready to promote trade ties with Japan: minister
By Kang Yoon-seungSEOUL, Sept. 29 (Yonhap) -- South Korea will seek to strengthen trade cooperation with Japan amid challenges from the COVID-19 pandemic, and a more friendly business environment will be offered to Japanese firms here, Seoul's to
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S. Korea begins countermeasure against Britain's steel safeguard
SEOUL, Sept. 29 (Yonhap) -- South Korea has started the process for countering Britain's extension of safeguard measures against its steel exports, the trade ministry said Wednesday.In July, Britain extended its safeguard measures against steel i
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Exports contribute most in 3 years to economic growth in 2020
SEOUL, Sept. 29 (Yonhap) -- South Korea's exports contributed the most in three years to the country's economic growth in 2020 amid the coronavirus pandemic, a report showed Wednesday.Overseas shipments contributed 0.6 percentage point to the
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S. Korea speeds up plan to supply homes: finance minister
SEOUL, Sept. 29 (Yonhap) -- Finance Minister Hong Nam-ki said Wednesday the government is speeding up a plan to supply homes in Seoul and other regions, as it seeks to curb high-flying home prices.In February, the government unveiled the plan that ea
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