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Category: Economy

Posted inEconomy

Fitch cuts 2021 growth outlook for S. Korea to 4 pct

by YonhapSeptember 17, 2021September 17, 2021

SEOUL, Sept. 17 (Yonhap) -- Global credit appraiser Fitch Ratings said Friday it has cut its 2021 growth outlook for … ...

Posted inEconomy

Seoul stocks open lower as investors test waters

by YonhapSeptember 17, 2021September 17, 2021

SEOUL, Sept. 17 (Yonhap) -- South Korean stocks opened lower Friday ahead of the holiday as investors weigh the pace … ...

Posted inEconomy

Seoul stocks snap 4-day winning streak on tech losses

by YonhapSeptember 16, 2021September 16, 2021

SEOUL, Sept. 16 (Yonhap) -- South Korean stocks snapped a four-day winning streak Thursday, hit by losses in heavyweight technology … ...

Posted inEconomy

Banks’ loan delinquency rate rises in July

by YonhapSeptember 16, 2021September 16, 2021

 SEOUL, Sept. 16 (Yonhap) -- The delinquency rate for South Korean banks' won-denominated loans rose in July due to an … ...

Posted inEconomy

Samsung Heavy wins 841 bln won order for 6 container carriers

by YonhapSeptember 16, 2021September 16, 2021

SEOUL, Sept. 16 (Yonhap) -- Samsung Heavy Industries Co. said Thursday it has signed an 841 billion won (US$720 million) … ...

Posted inEconomy

Seoul stocks open flat

by YonhapSeptember 16, 2021September 16, 2021

SEOUL, Sept. 16 (Yonhap) -- South Korean stocks opened flat Thursday amid easing concerns about a global economic recovery. The … ...

Posted inEconomy

Seoul stocks up for 4th day on foreign buying

by YonhapSeptember 15, 2021September 15, 2021

SEOUL, Sept. 15 (Yonhap) -- South Korean stocks advanced for a fourth session Wednesday, supported by foreign buying, as some … ...

Posted inEconomy

Seoul stocks open higher on bargain hunting

by YonhapSeptember 15, 2021September 15, 2021

SEOUL, Sept. 15 (Yonhap) -- South Korean stocks opened higher Wednesday as bargain hunters sought oversold stocks on expectations of … ...

Posted inEconomy

Statistics agency opens English service of data platform on SDGs

by YonhapSeptember 15, 2021September 15, 2021

SEOUL, Sept. 14 (Yonhap) -- South Korea's statistics agency said Tuesday it has launched the English service of the data … ...

Posted inEconomy

BOK board members says rate hike warranted in light of financial imbalances: minutes

by YonhapSeptember 14, 2021September 15, 2021

SEOUL, Sept. 14 (Yonhap) -- Members of the central bank's rate-setting board said growing risks from financial imbalances pointed to … ...

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