SEOUL (Reuters) -South Korea’s factory output snapped 10 straight months of year-on-year growth in September, dashing expectations for continued expansion, as global chip shortages hit production.FILE PHOTO: Hyundai Motor’s sedans are assembled at a factory of the carmaker in Asan,
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S.Korea lifts interest rates from record low as debt threats grow
SEOUL (Reuters) – The Bank of Korea raised its policy rate for the first time in almost three years on Thursday, becoming the first major Asian central bank to shift away from pandemic-era monetary settings as ballooning consumer debt created
S.Korea stocks slip as Wall St tech rout deepens
* KOSPI falls, foreigners net sellers * Korean won weakens against U.S. dollar * South Korea benchmark bond yield falls SEOUL, Sept 9 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares slid on Wednesday, tracking an
Two rescue workers killed in South Korea floods after boats capsize: Yonhap
SEOUL (Reuters) – Two rescue workers were killed and five were missing in South Korea on Thursday after their boats overturned in floodwaters, Yonhap news agency reported, as heavy rain across the Korean peninsula threatened to bring new floods and
S.Korean stocks firm on U.S. stimulus deal hopes; won closes at 5-mth high
* KOSPI jumps 1.4%, foreigners net sellers * KRW jumps against USD * S.Korea benchmark bond yield falls * For the midday report, please click SEOUL, Aug 5 (Reuters) – Round-up of South Korean financial markets: ** South Korean shares
S.Korea stocks drop on U.S. data but post biggest monthly gain in 3 months
* KOSPI posts fourth consecutive monthly gain * Foreign investors snap five months of selling * KRW gains against USD on Friday, up 1% in July * S.Korea benchmark bond yield rises on Friday * For the midday report, please
North Korea says no need to sit down with U.S. for talks
SEOUL (Reuters) – North Korea does not feel the need to have talks with the United States, which would be nothing more than “a political tool” for Washington, a senior North Korean diplomat said on Saturday, ahead of a U.S.
U.S. envoy to visit South Korea to discuss stalled North Korea nuclear talks
SEOUL (Reuters) – The U.S. point man for North Korea is due to visit South Korea next week as it pushes for a resumption of talks with the North ahead of the U.S. election and despite few signs of any
North Korea warns of retaliatory actions over defectors in South
SEOUL (Reuters) – The sister of North Korea’s leader has warned of retaliatory measures against South Korea that could involve the military, in the latest escalation of tensions over defectors from the North who have been sending back propaganda and
North Korea says U.S. has no standing to comment on inter-Korean affairs: KCNA
SEOUL (Reuters) – North Korea on Thursday said the United States has no standing to comment on inter-Korean affairs, and said it is in Washington’s interest to stay quiet if it wants a successful presidential election, state news agency KCNA