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Mon, December 11, 2023 | 02:30

Will government extend fuel tax cuts?

Will government extend fuel tax cuts?

Expectations are growing that the government may extend fuel tax cuts, because of the acceleration of inflation in the range of 3 percent, far higher than the government's target of 2 percent, market watchers said Sunday. The finance ministry has until mid-December to decide.

2023-12-10 16:26

Fintechs vie to be next internet-only bank in Korea

Fintechs vie to be next internet-only bank in Korea

Three financial service providers are vying to become the fourth internet-only bank in Korea, buoyed by lowered entry bars and strong interest income-backed profit by the existing three banks over the past two years despite an economic slowdown, market watchers said on Sunday.

2023-12-10 16:09

Korea's exports of dried seaweed hit new record in 2023

Korea's exports of dried seaweed hit new record in 2023

Korea's exports of dried seaweed hit a new record on the back of growing awareness of healthy food around the globe, data showed Sunday.

2023-12-10 09:38

Bond sales rise in November

Bond sales rise in November

Bond sales in Korea expanded from a month earlier in November on the back of a robust increase in bonds sold by financial institutions, data showed Friday.

2023-12-08 11:33

Korea to support corporate emergency urea imports over China's export halt: industry minister

Korea to support corporate emergency urea imports over China's export halt: industry minister

The Korean government will push to pay for part of urea imports when companies need to buy the chemical from nations other than China as part of efforts to prevent a supply shortage and ensure a longer-term stable supply, the industry minister has said.

2023-12-07 11:16

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

Japan's Nikkei-linked ELS issuance surpasses HK-linked ELS

The issuance of equity-linked securities (ELS) tied to the performance of Japan's Nikkei 225 in Korea has outsripped the issuance of those linked to the Hang Seng China Enterprises Index (HSCEI).

2023-12-07 08:17

YG Entertainment's stock price soars over renewed contract with BLACKPINK

YG Entertainment's stock price soars over renewed contract with BLACKPINK

Ending a months-long downward trend, the stock price of YG Entertainment soared again by 25.63 percent in a single trading session on Wednesday over the firm's success in renewing its contract with BLACKPINK.

2023-12-06 16:48

Uncertainty lingers despite BLACKPINK's contract renewal

Real estate project financing poses biggest risk to Korean economy in 2024: S&P, NICE

Real estate project financing poses biggest risk to Korean economy in 2024: S&P, NICE

Looming threats from both domestic and global real estate project financing are expected to be the greatest challenges facing the Korean economy next year, experts from credit rating agencies S&P Global Ratings and NICE Investors Service said Wednesday.

2023-12-06 16:48

Korea to double state urea inventory, release reserves over China's export halt

Korea to double state urea inventory, release reserves over China's export halt

Korea decided to double the state inventory of urea for diesel vehicles to 12,000 tons and to release the current government reserves amid concerns over another urea supply crisis following China's recent export halt, the finance ministry said Wednesday.

2023-12-06 15:15

Financial authority puts 5-month suspension on NH Futures' foreign exchange operations

Financial authority puts 5-month suspension on NH Futures' foreign exchange operations

The Financial Services Commission (FSC), the country's top financial regulator, has confirmed a suspension of business for NH Futures' foreign exchange operations for just over five months, starting this week.

2023-12-05 16:55

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Top 10 Stories

1	Methods to avoid YouTube, Netflix restrictions go viral

2	N. Korea's fear of external info grows after Seoul allows sending propaganda leaflets

3	Hunting 'crow thief' on Korea's east coast in 1930s

4	Anti-dog meat legislation looks doomed as Assembly session ends in vain

5	Skepticism mounts over shareholder activism at Samsung C&T

6	Leaders of Samsung, SK to visit Netherlands for chip alliance

7	Calls grow for shift from two-party political system

8	Eximbank teams up with US counterpart on decarbonization

9	'New initiative on NK' lacks balanced strategy: experts

10	Gov't boosts reserves to appease public jitters over urea shortage

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