No need for S.Korean central bank to tighten policy further, says deputy governor
SEOUL (Reuters) – There is no need for the South Korean central bank to tighten monetary policy further for now, despite the prospect of interest rates staying higher for longer in the…
S.Korean labour minister defends longer work week as helpful for mothers
SEOUL (Reuters) – South Korea’s labour minister said on Thursday that lifting the weekly work hour cap to 69 hours from 52 will give working mothers more choice and help them raise…
U.S. likely to cap level of S.Korean chips made in China- U.S. official
SEOUL (Reuters) – The United States will likely limit the level of advanced semiconductors made by South Korean companies in China, a senior U.S. official said. In October, South Korea’s Samsung Electronics…
S.Korean inflation expectations fall for a second month in Sept
SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in September for a second month after six months of rises, although the decline was small, a central bank survey showed on Tuesday…
S.Korean inflation expectations fall in August after 6 months of gains – survey
SEOUL (Reuters) – South Korean consumers’ inflation expectations fell in August after six months of rises, a central bank survey showed on Tuesday, while their assessment of economic conditions improved. The median…
S.Korean airlines temporarily cancel flights to Taiwan, media says
SEOUL – South Korea’s Korean Air Lines and Asiana Airlines are cancelling flights to Taiwan for one or two days because of Chinese military exercises in the area, local media reported on…
S.Korean exports retain single-digit growth in July; inflation at 24-yr high – Reuters poll
By Jihoon Lee SEOUL – South Korean export growth rate likely rebounded in July, but remained in the single-digit level, a Reuters poll showed on Thursday, while consumer inflation is seen accelerating…
S.Korean PM to recommend presidential pardon for Samsung’s Lee
By Soo-hyang Choi SEOUL -South Korea’s prime minister said on Wednesday he would recommend to the president a pardon for Jay Y. Lee, vice chairman of the world’s biggest memory chip maker,…
S.Korean consumer sentiment dips in June – survey
SEOUL – South Korean consumers turned pessimistic about overall economic conditions in June for the first time in more than a year, while their inflation expectations hit a decade high, a central…
S.Korean industries face losses worth $1.2 billion due to trucker strike – industry ministry
SEOUL – South Korean industries, including auto, steel, petrochemical and cement, face accumulated losses worth about 1.6 trillion won ($1.24 billion) as of Sunday due to the ongoing trucker strike, the country’s…
Young S.Korean home buyers test Yoon’s vow to resolve affordability crisis
By Jihoon Lee and Cynthia Kim SEOUL – Young South Koreans are buying homes in defiance of sharp rate rises that has once again put the spotlight on a severe housing shortage,…
From would-be pastor to ‘fighting cock’, S.Korean president Yoon carves own route to the top
By Hyonhee Shin SEOUL – Yoon Suk-yeol seals his surge to the summit of South Korean politics on Tuesday when the man who once dreamt of becoming a pastor, but was nicknamed…
S.Korean inflation expectations hit 9-year high – survey
By Jihoon Lee and Choonsik Yoo SEOUL -South Koreans expect inflation to average around 3.1% over the next 12 months, led by rising global energy prices, the highest they have anticipated in…
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