S.Korea factory activity contracts on cooling new orders -PMI
By Cynthia Kim SEOUL (Reuters) – South Korea’s factory activity contracted in December, a business survey showed on Tuesday, due to falling new orders, which …
s.korea
S.Korea seeks fines on HSBC, BNP for naked short selling – Bloomberg News
(Reuters) -South Korea’s financial watchdog has recommended imposing a fine of at least 10 billion won ($7.67 million) each on HSBC Holdings and BNP Paribas …
US, S.Korea, Japan condemn N.Korea’s ballistic missile launches; urge dialogue
By Kanishka Singh WASHINGTON (Reuters) – The top diplomats of the United States, South Korea and Japan on Wednesday condemned North Korea’s recent ballistic missile …
Foreign ministers of S.Korea, China, Japan to discuss trilateral summit
SEOUL (Reuters) – The foreign ministers of South Korea, China and Japan will meet for talks in South Korea on Sunday, South Korea’s foreign ministry …
S.Korea exports snap year-long downturn, recovery in China demand slow
By Jihoon Lee SEOUL (Reuters) -South Korea’s exports in October rose in annual terms for the first time in 13 months, as shipments to the …
S.Korea FX reserves fall for second month in Sept on market intervention
SEOUL (Reuters) – South Korea’s foreign exchange reserves fell for a second month in September and by the biggest amount in four months, central bank …
S.Korea central bank says coordinated efforts needed to deal with household debt
SEOUL (Reuters) – South Korea’s central bank said on Thursday it needs to make coordinated efforts to contain household debt, which is at levels that …
S.Korea tightens loan criteria as household debt jumps the most in 2 years
SEOUL (Reuters) – South Korea’s financial authorities said they would control household debt by tightening certain loan regulations, as rising mortgage demand drove up household …
S.Korea urges foreign firms to guard against illegal short-selling in share market
SEOUL (Reuters) – South Korea’s financial market watchdog on Thursday urged foreign firms trading on the country’s stock market to strengthen internal controls to prevent …
S.Korea to provide exporters $137 billion of policy financing until yr-end
SEOUL (Reuters) – South Korea will provide up to 181 trillion won ($137 billion) of cheap loans to exporters until the end of this year …
S.Korea police arrest 16 Fukushima protesters targeting Japan embassy
By Hongji Kim SEOUL (Reuters) -South Korean police arrested 16 people on Thursday for entering a building housing the Japanese embassy in Seoul, carrying off …
Blinken to meet Japan, S.Korea foreign ministers virtually on Monday
TOKYO (Reuters) – U.S. Secretary of State Antony Blinken will hold a virtual meeting with Japanese Foreign Minister Yoshimasa Hayashi and South Korean Foreign Minister …
Chinese firms ramp up investment in S.Korea to get US EV tax credits
By Heekyong Yang and Zoey Zhang SEOUL/SHANGHAI (Reuters) – Chinese battery materials firms are ramping up investment in South Korea, announcing projects worth at least …
S.Korea financial watchdog gathers securities firms to manage real estate risks
SEOUL (Reuters) – South Korea’s financial market watchdog gathered local securities firms on Thursday to assess real estate-related risks and urged for thorough and preemptive …
US nuclear missile sub visits S.Korea for first time in decades – US official
SEOUL (Reuters) – For the first time since the 1980s a U.S. nuclear-armed ballistic missile submarine (SSBN) is in South Korea, a senior U.S. official …
S.Korea central bank warns of financial stability risk as debts rise
SEOUL (Reuters) – South Korea’s central bank said on Monday there was a need to manage financial stability in addition to price risks as the …
S.Korea state-run banks join liquidity support effort for credit union
By Jihoon Lee SEOUL (Reuters) -South Korean state-run banks are providing at least two trillion won ($1.54 billion) of liquidity support to a credit union …
S.Korea export downtrend likely slowed in June, offers hope for global trade: Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s downtrend in exports likely slowed in June, with the trade balance set to swing to a surplus …
Factbox-Old disputes overshadow visit by Japan’s Kishida to S.Korea
(Reuters) – Japanese Prime Minister Fumio Kishida will be visiting South Korean President Yoon Suk Yeol on Sunday in the latest effort to improve bilateral …
S.Korea regulator fines two firms for naked shorts under stricter law
SEOUL (Reuters) – South Korea’s financial regulator fined two firms for naked short selling in the local stock market, for the first time under the …
Forced labour victims protest in wheelchairs, reject S.Korea deal on Japan
By Ju-min Park SEOUL (Reuters) – Two elderly South Korean victims of wartime forced labour took to the streets in wheelchairs on Tuesday, saying they …
US flies B-52 in joint drill with S.Korea – S.Korea defence ministry
SEOUL (Reuters) – The United states deployed a B-52 bomber for a joint drill with its ally South Korea on Monday, in a show of …
S.Korea inflation slowest in 10 months, bolsters views for no more hikes
By Jihoon Lee SEOUL (Reuters) – South Korea’s consumer prices for February grew at their slowest pace in 10 months, bolstering views that the central …
Japan eyes easing S.Korea export controls as Seoul seeks to improve ties -media
By Kantaro Komiya TOKYO (Reuters) -Japan is considering relaxing controls on exports to South Korea as its president, Yoon Suk-yeol, seeks to improve ties amid …
S.Korea fines Citadel Securities for stock algorithm trading breaches
SEOUL (Reuters) – South Korea’s financial regulator has imposed a fine of 11.88 billion won ($9.66 million) on U.S.-based Citadel Securities, saying it disturbed the …
S.Korea 2023 exports to post first fall in three years – exporter group
SEOUL (Reuters) – South Korea’s exports in 2023 are expected to post their first fall since 2020, on weakening IT demand, falling oil prices and …
S.Korea central bank governor says dollar/won moves in line with expectations
SEOUL (Reuters) – South Korea’s central bank governor on Friday said recent dollar/won movement was in line with his expectations, as currency market movements seem …
S.Korea should prioritise inflation control, IMF official says
SEOUL (Reuters) – South Korea’s central bank, the Bank of Korea, should keep up efforts to prioritise inflation control, even as it faces a trade-off …
S.Korea may ease liquidity requirement rules for financial companies
SEOUL (Reuters) – South Korea may ease some of the liquidity requirement rules on financial companies as there are some signs of stress in the …
N.Korea fires shots to warn S.Korea, urges ‘enemies’ to stop causing tensions -KCNA
SEOUL (Reuters) – North Korea on Wednesday said it fired warning shots toward its east and west coasts to send “grave warning” against South Korea …
S.Korea to scrap taxes for foreigners’ income from bonds – minister
SEOUL (Reuters) – South Korea’s finance minister said the government will scrap taxes on foreigners’ income from investments in treasury bonds and monetary stabilization bonds …
S.Korea Sept FX reserves post second-biggest monthly decline on record
SEOUL (Reuters) – South Korea’s foreign exchange reserves shrank by nearly $20 billion in September, the second-biggest monthly drop on record, as authorities stepped up …
S.Korea central bank expects inflation to stay high for lengthy period
SEOUL (Reuters) – South Korea’s central bank said annual consumer inflation is expected to stay high at the 5-6% levels, with upside risks, for a …
S.Korea, U.S. warplanes conduct bombing drills after N.Korea fires missiles
SEOUL (Reuters) – South Korea and U.S. warplanes conducted bombing drills on Tuesday in response to North Korea’s firing of a missile over Japan for …
S.Korea factory activity weakens for third month in Sept – PMI
SEOUL (Reuters) – South Korea’s factory activity shrank for a third straight month in September, and by the sharpest pace in more than two years, …
S.Korea Sept exports grow at slowest pace in almost two years
By Cynthia Kim SEOUL (Reuters) – South Korea’s exports grew at the slowest pace in nearly two years in September as softening global demand piles …
S.Korea Aug factory output shrinks more than expected, retail sales jump
SEOUL (Reuters) – South Korea’s factory production shrank for a second month in August, missing expectations, while retail sales jumped, government data showed on Friday. …
S.Korea Sept exports set for slowest growth in two years – Reuters poll
By Jihoon Lee SEOUL (Reuters) – South Korea’s exports likely grew at the slowest pace in nearly two years in September, hurt by a weakening …
N.Korea may be preparing to test submarine-launched ballistic missile, S.Korea military says -Yonhap
(Reuters) – South Korea’s military has detected signs that North Korea may be preparing to test a submarine-launched ballistic missile (SLBM), Yonhap news agency reported …
S.Korea Aug PPI posts first monthly fall in two years – central bank
SEOUL (Reuters) – South Korea’s producer price pressures eased in August, posting the first monthly fall in nearly two years, central bank data showed on …
S.Korea, Japan hold first bilateral talks since 2019, seek stronger ties
By David Brunnstrom and Hyonhee Shin UNITED NATIONS/SEOUL (Reuters) -South Korean President Yoon Suk-yeol and Japanese Prime Minister Fumio Kishida held their first one-on-one talks …
S.Korea 20-day exports fall on holiday effects, slow global economy
SEOUL (Reuters) – South Korea’s exports fell 8.7% in the first 20 days of September from the same period a year earlier due to holiday …
China’s top legislator hopes to strengthen cooperation with S.Korea on supply chains
SEOUL (Reuters) – China’s top legislator Li Zhanshu said on Friday he hopes to further strengthen cooperation with South Korea on supply chains, after meeting …
As S.Korea moves to expand nuclear power, disquiet grows among nearby residents
By Hongji Kim and Joyce Lee GYEONGJU, South Korea (Reuters) – Hwang Bun-hee, 74, lives in a pink house near the sea surrounded by a …
POSCO says fire put out at S.Korea steel plant, production halted due to flooding
SEOUL (Reuters) -A fire broke out at South Korean steelmaker POSCO’s plant in the southeastern city of Pohang on Tuesday, a POSCO spokesperson confirmed. “A …
S.Korea tells local banks to manage FX liquidity conservatively
SEOUL (Reuters) -South Korea’s financial regulator said it advised local banks on Tuesday to manage foreign-exchange liquidity positions in a more conservative manner than before …
S.Korea pledges pre-emptive action to stabilise markets
SEOUL (Reuters) -South Korea’s finance minister said on Monday that the authorities would take action in a pre-emptive manner if necessary to stabilise local financial …
U.S, Japan, S.Korea officials to meet on Sept. 7 to discuss N.Korea
TOKYO (Reuters) – Senior officials from Japan, the United States and South Korea will meet next week to discuss North Korean issues, the Japanese government …
S.Korea president: not too worried about external financial standing -News1
SEOUL (Reuters) – South Korea’s President Yoon Suk-yeol said he was not worried much about the country’s external financial soundness, News1 reported on Friday. “The …
S.korea central bank: inflation to stay high at 5-6% level for some time
SEOUL (Reuters) – South Korea’s central bank said on Friday consumer inflation is expected to remain high at 5-6% levels for some time. The Bank …