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 for naked short selling, Bloomberg News reported…
S.Korea Q1 GDP growth slows, China risks cloud outlook
By Jihoon Lee SEOUL -South Korea’s economic growth nearly halved in the first quarter from the preceding three months on coronavirus curbs and surging inflation, while a slowing Chinese economy clouded the…
S.Korea to lobby for inclusion in MSCI developed market index
By Jihoon Lee and Yena Park SEOUL -South Korea’s finance minister will lobby for the country to be included in the Morgan Stanley Capital International (MSCI) developed market index when he meets…
S.Korea factory growth slows in March as output, export orders shrink – PMI
SEOUL – South Korea’s factory activity slowed in March, as the economic fallout from the Ukraine war added strains to firms already struggling with supply chain disruptions and inflationary pressures, a private-sector…
S.Korea says N.Korea staged ‘largest ICBM’ fakery to recover from failed test
By Hyonhee Shin and Josh Smith SEOUL – South Korea’s military has said North Korea’s largest missile test yet used an older, smaller intercontinental ballistic missile, and not the massive new Hwasong-17…
Telemedicine booms in S.Korea amid COVID, President-elect Yoon backs practice
By Joori Roh SEOUL – Kim Jin-woo, a 27-year old resident of Seoul battling COVID-19 and recovering at home under a new government policy, needed to see a doctor when his symptoms…
S.Korea repatriates N.Korea sailors, seized boat after border crossing
By Hyonhee Shin SEOUL – South Korea’s military said on Wednesday it had sent back all seven North Korean sailors who were aboard a ship it seized after the vessel crossed into…
S.Korea ruling party leader hospitalised after attack at rally- Yonhap
SEOUL – South Korea’s ruling party leader, Song Young-gil, was hospitalised on Monday after being attacked by a stranger with an unknown object while campaigning in Seoul for the party’s presidential candidate,…
S.Korea will implement export controls against Belarus over support to Russia
By Josh Smith SEOUL – South Korea will implement export controls against Belarus for “effectively supporting the Russian invasion of Ukraine”, Seoul’s foreign ministry said on Sunday. The ministry did not detail…
S.Korea Feb inflation accelerates to near decade high amid Ukraine crisis
By Joori Roh SEOUL – South Korea’s consumer inflation hovered near a decade high in February and stood above the central bank’s 2% target for an 11th month, adding pressure on policymakers…
In unaffordable Seoul, housing is at the centre of the S.Korea election
By Cynthia Kim and Joori Roh SEOUL – Lee Jae-hong would have had no trouble buying a home in the suburb of Ilsan on the outskirts of Seoul back in 2018. With…
S.Korea exports to rise for 16th month in Feb; CPI seen up 3.5% – Reuters poll
SEOUL – South Korea’s exports likely increased for a 16th month in February, and at a faster pace, a Reuters poll showed on Friday, though Russia’s invasion of Ukraine may further disrupt…
S.Korea surpasses 1 million total COVID cases with daily record
SEOUL -South Korea on Sunday surpassed one million cumulative COVID-19 cases since the pandemic began, as health officials reported a daily record of 38,691 new infections driven by an Omicron variant outbreak.…
S.Korea reports second-highest COVID count ahead of holiday
SEOUL – South Korea posted its second-highest daily number of coronavirus cases on Sunday, despite extended COVID-19 curbs and a high vaccination rate, raising concerns of further spread during the upcoming Lunar…
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